secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000216085-24-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608524000008/0000216085-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608524000008/hvt8k5124.htm
  HTML page:      https://secwatch.observer/filing/0000216085-24-000008

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