Havertys reports record Q4 sales $280.6M, EPS $1.42; FY sales $1.047B, EPS $5.24

HAVERTY FURNITURE COMPANIES INC

Q4 diluted EPS $1.42 vs $1.35; consolidated sales up 5.5% to $280.6M; comp-store sales up 5.8%.
FY 2022 EPS $5.24 vs $4.90; record sales $1,047.2M (+3.4%); gross profit margin 57.7% (record).
Returned $63.9M to shareholders: $30M share repurchases, $17.8M quarterly dividends, $16.1M special dividend.
2023 guidance: gross profit margin 58.0%-58.5%; fixed SG&A $292-295M; capex ~$28M; plan to open 5 stores, close 1.
No funded debt; cash and equivalents $129.9M at Dec 31, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HAVERTY FURNITURE COMPANIES INC updated its the quarter and year ended December 31, 2022 guidance (reaffirmed).

Period: the quarter and year ended December 31, 2022
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On February 21, 2023, Havertys issued a press release regarding its results of operations for the quarter and year ended December 31, 2022.

View on SEC.gov

Browse all earnings releases →

HAVERTY FURNITURE COMPANIES INC filing history →

Source: SEC EDGAR

accession 0000216085-23-000002

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.