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Haverty Furniture Cos., Inc. - HVT STOCK NEWS

Welcome to our dedicated news page for Haverty Furniture Cos. (Ticker: HVT), a resource for investors and traders seeking the latest updates and insights on Haverty Furniture Cos..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Haverty Furniture Cos.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Haverty Furniture Cos.'s position in the market.

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HAVERTYS to release Q2 2023 financial results on August 1 and host conference call on August 2
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HAVERTYS announces a 7.1% increase in quarterly dividend for its common stock and Class A common stock.
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Havertys Furniture celebrates 25 years of serving the greater Washington, D.C. area by offering a curated art collection in their eight showrooms. The collection features art pieces that pay homage to the D.C. area, including blue crabs, St. Michaels, a city map, the Jefferson Memorial, and the Shenandoah Valley. Steve Burdette, Havertys' President, expresses excitement about commemorating the milestone and hopes that residents will relate to the selected pieces.
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Havertys reported its operating results for Q1 2023. Diluted EPS decreased from $1.11 to $0.74. Consolidated sales decreased 5.9% to $224.8 million. Gross profit margin increased to 59.1%. Clarence H. Smith, chairman and CEO, highlighted the reduction in traffic and written business due to shifts in consumer spending and inflationary pressures. The company remains focused on pricing discipline and achieving gross profit margin gains. Written business for Q1 2023 compared to pre-pandemic Q1 2019 was up 10.9%.
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Haverty Furniture Cos., Inc.

NYSE:HVT

HVT Rankings

HVT Stock Data

500.21M
12.68M
10.55%
90.18%
5.84%
Furniture Stores
Retail Trade
Link
US
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.