earnings
confidence high
sentiment positive
materiality 0.75
Havertys Q2 EPS $0.32 vs $0.16; sales up 7.7% to $194.9M; comp-store sales +8.0%
HAVERTY FURNITURE COMPANIES INC
- Diluted EPS $0.32 vs $0.16; net income $5.3M vs $2.7M; sales $194.9M (+7.7% YoY).
- Gross margin 61.4% (incl. $1.5M tariff refunds); ex-refunds 60.7% vs 60.8% last year.
- Repurchased 723k shares for $16.6M, including 600k shares in private transaction for $13.9M.
- 2026 guidance: gross margin 60.5-61.0% unchanged; variable SG&A raised to 18.7-18.9%; capex raised to ~$34M.
- Opened two stores; plans five more and one relocation; entering Pittsburgh; store count to reach 133.