secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0000216085-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Havertys reports record annual sales of $1.01B; Q4 EPS $1.35 vs $1.37
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- Annual sales $1,012.8M (+35.4% YoY). Q4 sales $265.9M (+10.2%). Comparable store sales +9.2% in Q4.
- Full year EPS $4.90 vs $3.12; Q4 EPS $1.35 vs $1.37. Pre-tax income Q4 $32.1M vs $31.3M.
- Gross margin Q4 56.4% (down 60bps due to $5.6M LIFO charge). 2022 guidance: 56.7%–57.0%.
- 2022 outlook: fixed SG&A $295–298M, capex ~$37M, four new stores. Plans $25M share repurchase in H1 2022.
- Paid $52.4M in dividends in 2021 including special $35M; no funded debt. Operating cash flow $97.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608522000005/0000216085-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608522000005/hvt8k21522.htm
  HTML page:      https://secwatch.observer/filing/0000216085-22-000005

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