Havertys Updates Third Quarter Sales Performance
09/20/2021 - 06:18 PM
ATLANTA, Sept. 20, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) today reported members of the company's senior management are scheduled to meet on September 22nd and 23rd with institutional investors and discuss the company’s operations. In anticipation of these meetings, Havertys also today released updated sales information.
Havertys sales for the third quarter to date of 2021 are up approximately 21.2% over the same period last year and comparable store sales are up 19.5% . Written business for the third quarter to date over the same period last year is up 2.7% and comparable written business is up 1.0% . This pace of business compares to the full third quarter of 2020 over 2019 and that period's increases in sales of 3.9% and written business of 22.8% .
“Our business continues to be strong as we work to deliver customers’ purchases and help them create their vision of home,” said Clarence Smith, chairman and chief executive officer. “Merchandise availability impacts our business and supply chain disruptions remain a concern, particularly as lockdowns continue in Vietnam," Smith concluded.
The Company plans to announce third quarter 2021 financial results on October 28, 2021, after the market closes.
About Havertys
Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 121 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Additional information is available on the Company’s website at www.havertys.com .
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SOURCE: Havertys
Haverty Furniture Cos., Inc.
HVT Rankings
#2138 Ranked by Stock Gains
HVT Stock Data
Industry
Furniture Stores
Sector
Retail Trade
Tags
Retail Trade, Specialty Stores, Furniture Stores
Country
US
City
Atlanta
About HVT
havertys began as a single store in downtown atlanta in 1885. today, with over 100 stores in 17 states, we have become one of the top retailers in the furniture industry. from modern and traditional, to rustic and eclectic, our wide range of styles, accessories and collections guarantee that we have something for everyone. we greatly value quality merchandise and continually seek to provide our customers with the highest caliber of product by ensuring that each piece of havertys furniture is made exclusively for our brand. our qualified associates and in-home designers offer expert tips and tools to make each customer’s home a fashionable representation of their own unique personality and vision. whether you’re shopping online or in-store, we aim to provide a positive buying experience. shopping with havertys has everything to do with your commitment to excellence in style and we are dedicated to making sure every havertys customer is a happy customer.
