Haverty Furniture CompaniesNYSE: HVT

HAVERTYS (NYSE:HVT)(NYSE:HVT.A) has promoted Greg Davis to senior vice president of information technology, where he will oversee the company's technology systems and help achieve its strategic objectives. Davis will be reporting to Clarence Smith, who is the chairman and CEO of Havertys.

Haverty Furniture (HVT) reported quarterly earnings of $0.14 per share, falling short of the Zacks Consensus Estimate of $0.33 per share. This is a decrease from earnings of $0.74 per share in the same quarter last year.

Haverty Furniture (HVT) lacks the necessary elements for a potential earnings beat in its upcoming report. Make sure to be aware of the key expectations.

The housing market is facing a dilemma with a lack of supply leading to high prices, while high interest rates are dampening demand. As a result, many homeowners are choosing to hold onto their properties rather than selling and potentially facing steep mortgage rates on a new purchase.

The phrase "short squeeze" instills great fear in stock market bears, as it can cause chaos and drive prices even higher as they rush to cover their short positions.

It's tough being a furniture retailer in 2024.

Haverty Furniture (HVT) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.39 per share a year ago.

Some sub-sectors of the market are facing severe challenges. Even some blue chips are at risk of a dividend cut. We highlight 2 popular dividend stock that could cut soon.

ATLANTA, GA / ACCESSWIRE / February 15, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT.A) will release its fourth quarter and year end 2023 financial results on Wednesday, February 21, 2024, after the market closes. The company will host a conference call with investors and analysts on Thursday, February 22, at 10:00 a.m.