earnings
confidence high
sentiment positive
materiality 0.70
Haverty Q1 EPS $0.23 beats $0.14; comp sales -4.8%; guides lower capex on tariff uncertainty
HAVERTY FURNITURE COMPANIES INC
- Diluted EPS $0.23 vs $0.14 YoY; net income $3.8M up from $2.4M.
- Sales $181.6M (-1.3%); comparable store sales fell 4.8%.
- Gross margin improved to 61.2% from 60.3%; SG&A expenses 59.0% vs 59.4%.
- 2025 guidance: gross margin 60.0%-60.5% unchanged; capex reduced to ~$24M from $27M due to tariff uncertainty.
- No debt, $118.3M cash; $80M credit facility; generated $6.2M operating cash flow.