secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000216085-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Havertys Q1 EPS $0.74 vs $1.11; sales down 5.9%; guidance narrowed
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- Diluted EPS $0.74 vs $1.11; net income $12.4M vs $19.4M.
- Sales $224.8M, down 5.9%; comparable-store sales down 6.7%.
- SG&A as % of sales rose to 52.7% from 48.2%; fixed SG&A guidance cut to $289-292M.
- Capex guidance raised to ~$53.1M, including $28.2M for Florida distribution center purchase.
- No debt; cash $127M; quarterly dividend $0.28/$0.26 per common/Class A share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608523000007/0000216085-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608523000007/hvt8k5223.htm
  HTML page:      https://secwatch.observer/filing/0000216085-23-000007

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