secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000216085-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608523000002/0000216085-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608523000002/hvt8k22123.htm
  HTML page:      https://secwatch.observer/filing/0000216085-23-000002

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