Welcome to our dedicated page for Haverty Furniture Cos news (Ticker: HVT), a resource for investors and traders seeking the latest updates and insights on Haverty Furniture Cos stock.
Haverty Furniture Companies Inc (HVT), a leading residential furniture retailer since 1885, provides timely updates through this dedicated news hub. Investors and industry followers will find curated press releases, financial disclosures, and strategic announcements essential for tracking this heritage brand's market position.
This resource centralizes HVT's official communications, including quarterly earnings reports, new collection launches, and leadership updates. All content is sourced directly from company filings and verified channels, ensuring reliability for those monitoring the home furnishings sector.
Key updates cover product innovations, store expansion plans, and corporate responsibility initiatives. The archive serves as both a research tool for financial analysis and a transparency portal for customer-focused developments in HVT's nationwide operations.
Bookmark this page for streamlined access to Haverty's latest developments. Check regularly for updates that could impact market understanding of this established furniture retailer's performance and industry standing.
Havertys Furniture (NYSE:HVT) has declared its third quarter cash dividend for 2025. The company will pay $0.32 per share on common stock and $0.30 per share on Class A common stock. The dividend will be paid on September 10, 2025, to stockholders of record as of August 25, 2025.
Notably, Havertys has maintained an impressive track record of paying cash dividends consistently every year since 1935, demonstrating a long-standing commitment to shareholder returns.
Havertys (NYSE:HVT) reported mixed Q2 2025 results with sales growth but lower earnings. Total sales increased 1.3% to $181.0 million, marking the first year-over-year growth since Q4 2022, though comparable store sales declined 2.3%. Diluted EPS fell to $0.16 from $0.27 in Q2 2024.
The company maintained strong gross profit margins of 60.8%, up from 60.4% year-over-year. However, SG&A expenses increased to 59.3% of sales from 57.7%, driven by higher administrative costs, occupancy expenses, and advertising spending. Havertys ended the quarter with $113.8 million in cash and no debt, while maintaining an $80.0 million credit facility.
For 2025, Havertys expects gross profit margins between 60.0-60.5% and fixed/discretionary SG&A expenses of $291.0-293.0 million, with planned capital expenditures of approximately $24.0 million.
Havertys (NYSE:HVT) has scheduled its second quarter 2025 earnings conference call for July 31, 2025, at 10:00 a.m. ET. The company will release its Q2 2025 financial results after market close on July 30, 2025. Investors and analysts can access the live webcast through Havertys' investor relations website. The webcast recording will be available for replay starting at approximately 1:00 p.m. ET on July 31.
Havertys (NYSE: HVT) has announced its second quarter cash dividend for 2025. The company will pay $0.32 per share on common stock and $0.30 per share on Class A common stock. The dividend will be distributed on June 17, 2025, to shareholders of record as of June 2, 2025. Notably, Havertys has maintained its tradition of paying cash dividends consistently since 1935, marking a 90-year streak of dividend payments.
Havertys Furniture (HVT) announces a Military Appreciation Event on May 3, 2025, across all 130 showrooms, featuring exclusive giveaways, refreshments, special financing, and a chance to win a $1,000 gift certificate. In partnership with Tempur-Pedic, Havertys is donating 78 mattresses to The Joel Fund, a Raleigh-based non-profit supporting military veterans and their families. The donation aims to assist veterans facing homelessness and other challenges. The company maintains an ongoing military discount program, and this marks the first time Havertys will host a simultaneous celebration across all locations.
Havertys reported its Q1 2025 results with mixed performance indicators. The furniture retailer saw a 1.3% decrease in consolidated sales to $181.6 million, while comparable store sales declined 4.8%. Despite these challenges, the company improved its gross profit margin to 61.2% from 60.3% year-over-year.
Notable financial highlights include:
- Diluted EPS increased to $0.23 from $0.14
- Generated $6.2 million in operating cash flow
- Maintained strong liquidity with $118.3 million in cash and no debt
- Returned $7.2 million to shareholders through dividends and share repurchases
CEO Steven G. Burdette acknowledged challenges including weak housing market, winter weather impacts, and trade policy changes. The company maintained its 2025 guidance with expected gross margins between 60.0-60.5% and planned capital expenditures of $24.0 million, while anticipating a 2.0% increase in retail square footage.
Havertys (NYSE: HVT) has announced it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, after market close. The furniture retailer will host a conference call with investors and analysts the following day, Thursday, May 1, at 10:00 a.m. ET to discuss operational results.
The company will provide a live webcast of the conference call through their investor relations website. The webcast will be archived and available for replay from approximately 1:00 p.m. ET on May 1.
Havertys (NYSE: HVT) has announced key leadership changes in its legal department. Brendan McGill will assume the role of Senior Vice President, General Counsel effective April 1, 2025. McGill joins from Greystar Real Estate Partners, where he served as Senior Managing Director, Corporate Legal. His previous experience includes positions at Sylvan Road Capital, Invesco, Mohawk Industries, and Alston & Bird.
McGill succeeds Janet E. Taylor, who is retiring after 20 years with Havertys. Taylor joined the company in 2005 as Vice President, Law, following twelve years at King & Spalding. CEO Steven G. Burdette highlighted McGill's expertise in corporate governance, M&A, regulatory compliance, and global investment management as valuable assets for executing the company's growth strategy.
Havertys (NYSE:HVT) has announced its upcoming participation in two major investor conferences. The furniture retailer will attend the Loop Capital Markets' 2025 Investor Conference on March 11, 2025, and the UBS Global Consumer and Retail Conference on March 12, 2025.
A fireside chat presentation is scheduled for March 12, 2025, at 10:00 am EST. The presentation materials will be accessible through the Events & Presentations page in the Investor Relations section of Havertys' website. Interested parties can arrange meetings with management through their conference representatives.
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