---
schema_version: "secwatch.filing_event.v1"
accession: "0000216085-24-000008"
form_type: "8-K"
ticker: "HVT"
cik: "0000216085"
company_name: "HAVERTY FURNITURE COMPANIES INC"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:20:19.860325+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Havertys Q1 EPS $0.14 vs $0.74 YoY; sales down 18.1%; dividend raised 6.7%

## Summary
- Diluted EPS $0.14 vs $0.74 in Q1 2023; net income $2.4M vs $12.4M.
- Sales $184.0M, down 18.1% YoY; comp-store sales down 18.5%.
- Gross margin improved to 60.3% from 59.1%; SG&A as % of sales increased to 59.4%.
- Quarterly dividend raised 6.7% to $0.32 per common share, payable June 14, 2024.
- No debt; cash $117.9M; raised gross margin guidance to 60.0-60.5% for 2024.

## SEC filing metadata
- accession: 0000216085-24-000008
- form_type: 8-K
- ticker: HVT
- cik: 0000216085
- company_name: HAVERTY FURNITURE COMPANIES INC
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216085/000021608524000008/0000216085-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216085/000021608524000008/hvt8k5124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000216085-24-000008
- JSON: https://secwatch.observer/filing/0000216085-24-000008.json
- Plain text: https://secwatch.observer/filing/0000216085-24-000008.txt

## Key facts
- Earnings Releases
  HAVERTY FURNITURE COMPANIES INC reported first quarter ended March 31, 2024 results: revenue $184.0 million, net income $2.4 million, EPS $0.14. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $184.0 million
  - Net income: $2.4 million
  - EPS: $0.14
  - Guidance: raised
  - Result: reported results
  source text: each year since 1935. First quarter 2024 versus first quarter 2023 : • Diluted earnings per common share (“EPS”) of $0.14 versus $0.74 . • Consolidated sales decreased 18.1% to $184.0 million. Comparable-store sales decreased 18.5%. • Gross profit margin increased to 60.3% from 59.1% . Clarence H. Smith, Chairman and CEO said, “Our sales reflect the challenges from
  evidence_url: https://www.sec.gov/Archives/edgar/data/216085/000021608524000008/0000216085-24-000008-index.htm

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