Haverty Furniture Companies, Inc. reports developments as a full-service home furnishings retailer serving Southern and Midwestern markets with residential furniture and accessories in middle to upper-middle price ranges. Recurring updates cover operating results, delivered and written sales, comparable-store sales, gross margin, average ticket trends, merchandise categories such as upholstery and bedroom furniture, and the company’s in-home design program.
Havertys news also includes store-growth activity, cash dividend declarations on its common and Class A common stock, participation in consumer and retail investor conferences, and governance changes such as board appointments. The company was established in 1885 and trades on the NYSE under HVT and HVT.A.
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HAVERTYS (NYSE:HVT and HVT.A) will announce its Q1 2023 financial results on May 2, 2023, post-market. A conference call for investors and analysts is scheduled for May 3, 2023, at 10:00 a.m. ET, where operational results will be discussed. Interested parties can access the live webcast on Havertys' official website, which will also be available for replay from 1:00 p.m. ET on the same day. Established in 1885, Havertys operates 123 showrooms across the Southern and Midwestern U.S., offering a broad selection of quality home furnishings.
Havertys (NYSE:HVT and HVT.A) has appointed Katie R. Mendolera as senior vice president of strategic development and real estate, effective March 24, 2023. Mendolera brings extensive experience from her previous role at Truist Securities, where she specialized in corporate banking for retail and consumer sectors. In her new position, she will manage real estate operations focusing on store expansion and strategic development. Her prior involvement with Havertys includes significant transactions, such as a $70 million sale-leaseback of distribution facilities. Mendolera succeeds Rawson Haverty, Jr., who retires after a 40-year tenure with the company.
Havertys (NYSE:HVT, HVT.A) declared a cash dividend of $0.28 per share for its common stock and $0.26 for Class A common stock. This dividend will be paid on March 27, 2023, to shareholders on record as of March 10, 2023. As a testament to financial stability, Havertys has consistently paid dividends annually since 1935, underscoring a long-standing commitment to returning value to its shareholders. The company operates 123 showrooms across 16 states, offering a diverse selection of home furnishings.