earnings
confidence high
sentiment negative
materiality 0.80
Havertys Q4 EPS falls to $0.49 from $0.90; full-year sales down 16%
HAVERTY FURNITURE COMPANIES INC
- Q4 diluted EPS $0.49 vs $0.90; net income $8.2M vs $15.0M.
- Q4 sales $184.4M, down 12.5%; comparable store sales down 13.7%.
- Full-year 2024 diluted EPS $1.19 vs $3.36; sales $722.9M, down 16.1%.
- Gross profit margin expected 60.0%-60.5% for 2025, below 2024's 60.7%.
- Returned $25.5M to shareholders via dividends and buybacks; no debt, $80M credit line.