---
schema_version: "secwatch.filing_event.v1"
accession: "0000216085-24-000002"
form_type: "8-K"
ticker: "HVT"
cik: "0000216085"
company_name: "HAVERTY FURNITURE COMPANIES INC"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:13:04.191416+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Havertys Q4 EPS $0.90 down from $1.42; sales fall 24.9% to $210.7M

## Summary
- Diluted EPS $0.90 vs $1.42; net income $15.0M vs $23.7M YoY.
- Sales $210.7M (-24.9%); comparable store sales -25.5%; written comps -14.0%.
- Gross margin expanded to 62.4% from 57.0% on lower product costs and LIFO benefit.
- 2024 guidance: gross margin 59.5-60.0%; fixed SG&A $295-297M; capex $32M.
- No funded debt; returned $42.1M to shareholders via dividends and buybacks.

## SEC filing metadata
- accession: 0000216085-24-000002
- form_type: 8-K
- ticker: HVT
- cik: 0000216085
- company_name: HAVERTY FURNITURE COMPANIES INC
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216085/000021608524000002/0000216085-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216085/000021608524000002/hvt8k22124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000216085-24-000002
- JSON: https://secwatch.observer/filing/0000216085-24-000002.json
- Plain text: https://secwatch.observer/filing/0000216085-24-000002.txt

## Key facts
- Earnings Releases
  HAVERTY FURNITURE COMPANIES INC reported the fourth quarter ended December 31, 2023 results: revenue $210.7 million, net income $15.0 million, EPS $0.90.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $210.7 million
  - Net income: $15.0 million
  - EPS: $0.90
  - Result: reported results
  source text: December 31, 2023 . Fourth quarter 2023 versus fourth quarter 2022 : • Diluted earnings per common share (“EPS”) of $0.90 versus $1.42. • Consolidated sales decreased 24.9% to $210.7 million. Comparable store sales decreased 25.5%. • Gross profit margin of 62.4% versus 57.0%. • Pre-tax income of $18.5 million versus $32.5 million. FY 2023 versus FY 2022 : • Diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/216085/000021608524000002/0000216085-24-000002-index.htm
- Earnings Releases
  HAVERTY FURNITURE COMPANIES INC reported the year ended December 31, 2023 results: revenue $862.1 million, net income $56.3 million, EPS $3.36.
  - Period: the year ended December 31, 2023
  - Revenue: $862.1 million
  - Net income: $56.3 million
  - EPS: $3.36
  - Result: reported results
  source text: FY 2023 versus FY 2022 : • Diluted earnings per common share (“EPS”) of $3.36 versus $5.24. • Consolidated sales decreased 17.7% to $862.1 million. Comparable store sales decreased 18.4%. • Gross profit margin of 60.7% versus 57.7%. • Pre-tax income of $72.7 million versus $119.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/216085/000021608524000002/0000216085-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.