secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0000216085-21-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Havertys Q3 2021 EPS $1.31 vs $0.97; sales up 19.7% to $260.4M
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- Comp-store sales increased 17.7% YoY; total written business up 2.0% in quarter.
- Gross margin improved 60 bps to 56.8% on pricing discipline partly offset by LIFO charge.
- SG&A leverage reduced to 44.6% of sales from 46.0%; variable SG&A forecast 17.0-17.3% for full year.
- Q4-to-date written business down ~3.5% vs 2020 but up 20.9% vs 2019; delivered sales up 17.5%.
- No funded debt; cash $232.4M; capital expenditures planned at ~$37M for 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608521000031/0000216085-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608521000031/hvt8k102921.htm
  HTML page:      https://secwatch.observer/filing/0000216085-21-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer