Haverty Furniture Companies, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Steven G. Burdette
- Full Time Employees
- 2,334
- Sector
- Consumer Cyclical
- Industry
- Home Improvement
- Address
- 780 Johnson Ferry Road Atlanta GA United States of America 30342
- IPO Date
- May 27, 1986
- CIK
- 0000216085
- Website
- havertys.com
- Similar Companies
- Business
- Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and home accessories operating 129 stores across 17 states in the Southern and Midwest regions of the United States. The company offers a comprehensive range of furniture products including living room collections featuring sectionals, sofas, recliners, coffee tables, and media consoles; bedroom collections offering beds, dressers, nightstands, chests, and benches; dining room collections with dining tables, chairs, barstools, buffets, and display cabinets; home office furniture including desks, hutches, office chairs, bookcases, and file cabinets; and outdoor furniture such as dining sets, seating, and tables. Havertys also markets well-known mattress brands and emphasizes custom upholstery programs. The company provides nationwide logistics support through three distribution centers and four home delivery centers with next-day delivery service within a 250-mile radius under its "Top Drawer Delivery" program. Founded in 1885, Havertys is headquartered in Atlanta, Georgia. Recent major developments include Havertys’ strategic expansion through the acquisition of four former Bed Bath & Beyond store leases in 2023, with these renovated locations opening as new Havertys stores beginning in 2024. The company is investing approximately $2.5 million to $3 million per site for refurbishment to meet its brand standards and plans to open at least five new stores in 2025, continuing this store expansion strategy. Financially, Havertys reported strong Q3 2025 sales growth of 10.6% to $194.5 million, with comparable store sales up 7.1%. The company maintains a strong balance sheet with no debt, cash reserves of $137 million, and an $80 million credit facility. It reaffirmed its focus on maintaining gross margins around 60.4%–60.7% and plans capital expenditures of about $24 million in 2025 while targeting store expansion. Havertys is known for consistent shareholder returns, with a long history of annual cash dividends dating back to 1935. Havertys serves primarily well-educated, middle- to upper-middle-income suburban homeowners, focusing on quality, value, fashion, and customer service to differentiate its brand in the competitive home furnishings market. The company sources products both domestically and internationally, with a significant portion of wood furniture imported from Asia, and maintains end-to-end supply chain management to ensure timely delivery and quality control. This combination of product breadth, geographic expansion through opportunistic real estate acquisitions, robust financial performance, and commitment to customer service defines Haverty Furniture Companies’ current market position and strategic direction.
Haverty Furniture Companies Q1 Earnings Call Highlights
Haverty Furniture Sees Margin-Accretive Growth And Durability In A Challenging Market
Havertys Furniture To Host Third Quarter 2025 Earnings Conference Call on October 30, 2025
Havertys Announces Second Quarter Cash Dividend
IN HONOR OF MILITARY APPRECIATION MONTH, HAVERTYS FURNITURE AND TEMPUR-PEDIC PARTNER TO SUPPORT THE JOEL FUND
Havertys Announces First Quarter 2025 Cash Dividend
Havertys Reports Operating Results for Second Quarter 2024
Haverty Furniture Companies: A Perfect Fit For Conservative Dividend Investors
HAVERTYS PARTNERS WITH ATLANTA ANIMAL SHELTER TO GIVE PUPS FUREVER HOMES
Haverty Furniture Companies' Cash Flow Increases The Safety Of Its Dividend Yield
Haverty Furniture: Still Not The Best Time To Go Long
Havertys to Host Second Quarter 2023 Earnings Conference Call on August 2, 2023
Haverty Furniture And Its Real Value
Haverty Furniture's Recent Dividend Hike Makes It a Perfect Dividend Capture Stock
Havertys Announces Increase in Quarterly Dividend
HAVERTYS SAYS 'THANK YOU' FOR 25 YEARS IN THE GREATER D.C. AREA WITH NEW ART COLLECTION FOR LOCALS
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Havertys Reports Operating Results for First Quarter 2023
Vapotherm To Report First Quarter 2023 Financial Results
Havertys Announces Officer Changes