STOCK TITAN

Haverty Furniture Cos Inc Stock Price, News & Analysis

HVT NYSE

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.

News
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
none
-
Rhea-AI Summary

Havertys (NYSE:HVT) reported declining performance for Q4 2024, with consolidated sales decreasing 12.5% to $184.4 million and comparable store sales down 13.7%. The company's Q4 diluted EPS fell to $0.49 from $0.90 year-over-year, while gross profit margin slightly decreased to 61.9% from 62.4%.

For full-year 2024, consolidated sales declined 16.1% to $722.9 million, with comparable store sales dropping 16.7%. Pre-tax income decreased significantly to $26.2 million from $72.7 million in 2023. Despite challenges, Havertys returned $25.5 million to shareholders through $5.0 million in share buybacks and $20.5 million in dividends.

The company opened five net new stores in 2024, including a return to the Houston market. Looking ahead to 2025, Havertys expects gross profit margins between 60.0% to 60.5% and plans capital expenditures of approximately $27.1 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.06%
Tags
Rhea-AI Summary

Havertys (NYSE: HVT and HVT.A) has declared its first quarter 2025 cash dividend. The board approved a dividend of $0.32 per share for common stock and $0.30 per share for Class A common stock. The dividend will be paid on March 21, 2025, to stockholders of record as of March 6, 2025. This continues Havertys' long-standing tradition of dividend payments, which has been maintained annually since 1935.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
dividends earnings
-
Rhea-AI Summary

Havertys (NYSE:HVT) has announced it will release its fourth quarter and year end 2024 financial results on Monday, February 24, 2025, after market close. The company will host a conference call with investors and analysts on Tuesday, February 25, 2025, at 10:00 a.m. ET to discuss operational results. A live webcast of the conference call will be available on the company's investor relations website, with an archived version accessible for replay from approximately 1:00 p.m. ET on February 25.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
conferences earnings
-
Rhea-AI Summary

Havertys (NYSE: HVT and HVT.A) has announced its upcoming participation in the 2025 ICR Conference. The company's presentation is scheduled for Tuesday, January 14, 2025, at 10:30 am EST. Interested parties can access the presentation through the Events & Presentations page in the Investor Relations section of Havertys' website at ir.havertys.com. For those seeking to arrange meetings with management, coordination is available through ICR representatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
none
Rhea-AI Summary

Havertys (NYSE:HVT) announced a planned CEO transition effective January 1, 2025. Clarence H. Smith will retire as CEO and transition to executive chairman, while current president Steven G. Burdette will become president and CEO and join the board of directors. Burdette, who joined Havertys in 1983 and was appointed president in 2021, will become only the 7th CEO in the company's 139-year history. Under Smith's leadership since 2003, Havertys transformed from a retailer of other companies' merchandise into a specialty branded retailer selling exclusively Havertys brand furniture, successfully navigating through the 2007 financial crisis and COVID-19 pandemic.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
management
-
Rhea-AI Summary

Havertys (NYSE: HVT, HVT.A) has declared its fourth quarter cash dividend. 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 December 12, 2024, to stockholders of record as of November 26, 2024. Notably, Havertys has maintained its tradition of paying cash dividends consistently since 1935.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
dividends
-
Rhea-AI Summary

Havertys reported Q3 2024 results showing significant declines, with consolidated sales decreasing 20.2% to $175.9 million and comparable-store sales down 20.5%. Diluted earnings per share fell to $0.29 from $1.02 year-over-year. Gross profit margin slightly decreased to 60.2% from 60.8%. The company continued its expansion plans, aiming to end 2024 with 129 locations after opening one store in Q3 with three more planned for Q4. Despite challenging market conditions affecting big-ticket purchases, Havertys maintains a strong balance sheet with $127.4 million in cash and no debt, while focusing on store growth, merchandising, and marketing strategies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.48%
Tags
Rhea-AI Summary

Havertys (NYSE:HVT) announced it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after market close. The company will host a conference call with investors and analysts on Thursday, October 31, at 10:00 a.m. ET to discuss operational results. A live webcast will be available on the company's investor relations website, with a replay accessible from approximately 1:00 p.m. ET on October 31.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
conferences earnings

FAQ

What is the current stock price of Haverty Furniture Cos (HVT)?

The current stock price of Haverty Furniture Cos (HVT) is $20.12 as of October 13, 2025.

What is the market cap of Haverty Furniture Cos (HVT)?

The market cap of Haverty Furniture Cos (HVT) is approximately 325.2M.
Haverty Furniture Cos Inc

NYSE:HVT

HVT Rankings

HVT Stock Data

325.17M
13.72M
10.7%
86.53%
4.57%
Home Improvement Retail
Retail-furniture Stores
Link
United States
ATLANTA