Profile
Sector:
Consumer CyclicalIndustry:
Home Improvement RetailCountry:
United StatesIPO:
17 March 1980Website:
http://www.havertys.comNext earnings report:
13 November 2024Last dividends:
26 August 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:08:29 GMTAnalysts recommendations
Institutional Ownership
HVT Latest News
Haverty Furniture Companies, Inc. (NYSE:HVT ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Richard Hare - Chief Financial Officer Clarence Smith - Chairman & Chief Executive Officer Steve Burdette - President Conference Call Participants Michael Legg - The Benchmark Company Anthony Lebiedzinski - Sidoti & Company Cristina Fernandez - Telsey Advisory Group Operator Greetings, and welcome to the Haverty's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Haverty Furniture (HVT) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $1.02 per share a year ago.
Haverty Furniture, a premium retailer with 120 stores, offers dual-class shares: HVT for liquidity and dividends, HVT.A for superior voting rights and flexibility to convert to HVT. Haverty appears to have lost market share this year, with its sales decline in H1 coming in at 2.2x the sales decline of the home furniture and furnishing market. Despite challenging market conditions, Haverty's gross margins remain stable, are expected to stay that way on account of its premium positioning, and stable inventory position.
ATLANTA, GA / ACCESSWIRE / August 9, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT.A) announced today that its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on September 11, 2024, to stockholders of record at the close of business on August 26, 2024.
Haverty Furniture Companies, Inc. (NYSE:HVT ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Richard Hare - Chief Financial Officer Clarence Smith - Chairman, Chief Executive Officer Steve Burdette - President Conference Call Participants Anthony Lebiedzinski - Sidoti Cristina Fernandez - Telsey Advisory Group Budd Bugatch - Water Tower Research Mickey Legg - The Benchmark Company Operator Greetings, and welcome to the Haverty's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
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.
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What type of business is Haverty Furniture Companies?
Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names. The company sells home furnishings through its retail stores, as well as through its website. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia.
What sector is Haverty Furniture Companies in?
Haverty Furniture Companies is in the Consumer Cyclical sector
What industry is Haverty Furniture Companies in?
Haverty Furniture Companies is in the Home Improvement Retail industry
What country is Haverty Furniture Companies from?
Haverty Furniture Companies is headquartered in United States
When did Haverty Furniture Companies go public?
Haverty Furniture Companies initial public offering (IPO) was on 17 March 1980
What is Haverty Furniture Companies website?
https://www.havertys.com
Is Haverty Furniture Companies in the S&P 500?
No, Haverty Furniture Companies is not included in the S&P 500 index
Is Haverty Furniture Companies in the NASDAQ 100?
No, Haverty Furniture Companies is not included in the NASDAQ 100 index
Is Haverty Furniture Companies in the Dow Jones?
No, Haverty Furniture Companies is not included in the Dow Jones index
When was Haverty Furniture Companies the previous earnings report?
No data
When does Haverty Furniture Companies earnings report?
The next expected earnings date for Haverty Furniture Companies is 13 November 2024