earnings
confidence high
sentiment neutral
materiality 0.75
Havertys Q3 EPS $0.28 vs $0.29; sales up 10.6% to $194.5M; comp-store sales up 7.1%
HAVERTY FURNITURE COMPANIES INC
- Diluted EPS $0.28, down from $0.29 YoY; net income $4.7M vs $4.9M.
- Consolidated sales +10.6% to $194.5M; comparable store sales +7.1%.
- Gross margin 60.3% vs 60.2%; raised 2025 gross margin guidance to 60.4%-60.7%.
- SG&A expenses increased $11.4M to 57.7% of sales; updated 2025 fixed SG&A guidance to $296-298M.
- Cash $137M, no debt; generated $45.3M operating cash flow; repurchased 94K shares for $2M.