Highest-materiality recent filing
Havertys Q2 EPS $0.32 vs $0.16; sales up 7.7% to $194.9M; comp-store sales +8.0%
Diluted EPS $0.32 vs $0.16; net income $5.3M vs $2.7M; sales $194.9M (+7.7% YoY).
Haverty Furniture amends credit facility: maturity extended to 2031, commitments increased to $100M
Maturity date extended to June 29, 2031 from prior date.
Haverty Furniture holds 2026 annual meeting; all director nominees and proposals approved.
Class A and common stockholders elected all 11 director nominees to one-year terms; each nominee received majority support.
Havertys Q1 EPS $0.26 vs $0.23; sales up 4.1%, comp-store sales +4.3%
Diluted EPS $0.26 vs $0.23; net income $4.3M vs $3.8M.
Havertys Q4 EPS $0.51 vs $0.49; sales up 9.5%; board authorizes $15M buyback
Q4 diluted EPS $0.51 vs $0.49; revenue $201.9M (+9.5%) comp-store sales +8.2%.
Havertys appoints E. Kendrick Smith to Board, effective Feb 17, 2026
E. Kendrick Smith appointed to Board effective Feb 17, 2026; Board expands to 11 members.
Havertys Q3 EPS $0.28 vs $0.29; sales up 10.6% to $194.5M; comp-store sales up 7.1%
Diluted EPS $0.28, down from $0.29 YoY; net income $4.7M vs $4.9M.
Havertys Q2 2025 EPS Falls to $0.16 from $0.27; Sales Rise 1.3%
Diluted EPS $0.16 vs $0.27 in Q2 2024; net income $2.7M down from $4.4M.
Haverty Furniture reports annual meeting voting results; all director nominees elected
Class A stockholders elected all seven director nominees: Burdette, Dukes, Haverty Jr., Morhous, Palmer, Schiller, Trujillo; top vote-getter received 1,113,497 votes.
Haverty Q1 EPS $0.23 beats $0.14; comp sales -4.8%; guides lower capex on tariff uncertainty
Diluted EPS $0.23 vs $0.14 YoY; net income $3.8M up from $2.4M.
Havertys Q4 EPS falls to $0.49 from $0.90; full-year sales down 16%
Q4 diluted EPS $0.49 vs $0.90; net income $8.2M vs $15.0M.
Havertys CEO Clarence Smith to retire Jan 1, 2025; President Burdette to succeed as CEO
Clarence H. Smith retires as CEO effective Jan 1, 2025; becomes executive chairman.
Havertys Q3 EPS plunges 72% to $0.29; sales -20.2% to $176M
Diluted EPS $0.29 vs $1.02; net income $4.9M vs $17.2M.
Havertys Q2 EPS $0.27 vs $0.70 YoY; sales down 13.4% to $178.6M
Diluted EPS $0.27 versus $0.70 in Q2 2023; net income $4.4M vs $11.8M.
CIO J. Edward Clary to retire July 15, 2024; post-retirement consulting agreement for $250k
EVP and CIO J. Edward Clary announced retirement effective July 15, 2024; previously disclosed in March 8-K.
Class A stockholders elected six directors: Dukes, Haverty Jr., Morhous, Palmer, Schiller, Trujillo; common stockholders elected Cote, Hough, Smith.
Havertys Q1 EPS $0.14 vs $0.74 YoY; sales down 18.1%; dividend raised 6.7%
Diluted EPS $0.14 vs $0.74 in Q1 2023; net income $2.4M vs $12.4M.
Havertys EVP and CIO J. Edward Clary announces retirement effective July 2024
J. Edward Clary, EVP and CIO, to retire in July 2024; will stay beyond if needed for orderly transition.
Havertys Q4 EPS $0.90 down from $1.42; sales fall 24.9% to $210.7M
Diluted EPS $0.90 vs $1.42; net income $15.0M vs $23.7M YoY.
Havertys Q3 EPS $1.02, sales down 19.7% YoY; gross margin expands to 60.8%
Diluted EPS $1.02 vs $1.46; net income $17.2M vs $24.6M; sales $220.3M (-19.7%).
Havertys Q2 EPS $0.70 vs $1.27; sales down 18.5%; acquires four Bed Bath & Beyond locations
Diluted EPS $0.70 vs $1.27; net income $11.8M vs $21.7M.
Havertys annual meeting results: all directors elected, compensation plan and auditor ratified
Class A directors (6 nominees) elected with >98% votes for each; common directors (3) elected with >64% votes for each.
Havertys Q1 EPS $0.74 vs $1.11; sales down 5.9%; guidance narrowed
Diluted EPS $0.74 vs $1.11; net income $12.4M vs $19.4M.
Purchase price $28.2M for facility at 7100 Havertys Way, Lakeland, FL; closing expected by May 15, 2023.
Havertys reports record Q4 sales $280.6M, EPS $1.42; FY sales $1.047B, EPS $5.24
Q4 diluted EPS $1.42 vs $1.35; consolidated sales up 5.5% to $280.6M; comp-store sales up 5.8%.
Havertys elects Michael R. Cote, former Secureworks CEO, to board of directors
Cote elected to board effective November 11, 2022; will serve on audit committee.
Havertys Q3 2022 EPS $1.46 beats $1.31; sales up 5.4% to $274.5M
Diluted EPS $1.46 vs $1.31; net income $24.6M vs $24.2M.
Havertys increases revolving credit facility to $80M and extends maturity to 2027
Revolving loan commitments increased from $60M to $80M.
Havertys Q2 EPS $1.27 vs $1.21; gross margin rises to 57.9%; written sales down 13.3%
Diluted EPS $1.27, up from $1.21; net income $21.7M vs $22.9M a year ago.
All six Class A common stock director nominees elected with >1.1M votes for each; two common stock directors elected.
Havertys Q1 EPS $1.11 vs $1.04; sales +1% to $238.9M; gross margin 59.0%
Consolidated sales $238.9M, up 1% YoY; comp-store sales +0.2%; written comp-store sales fell 9.6%.
Havertys reports record annual sales of $1.01B; Q4 EPS $1.35 vs $1.37
Annual sales $1,012.8M (+35.4% YoY). Q4 sales $265.9M (+10.2%). Comparable store sales +9.2% in Q4.
Haverty Furniture sets 2022 executive compensation, including MIP targets and equity grants
NEO target payouts range from 60% to 100% of base salary; CEO Smith target is 100%.
Havertys Q3 2021 EPS $1.31 vs $0.97; sales up 19.7% to $260.4M
Comp-store sales increased 17.7% YoY; total written business up 2.0% in quarter.
Havertys Q2 2021 EPS $1.21, revenue $250M (+127%), comps +46.9%
Diluted EPS $1.21 vs $0.72; adjusted EPS (ex-sale-leaseback) $1.21 vs -$0.52.
Steven G. Burdette, 63, Havertys’ president will become president and chief executive officer and a member of the Board.
With the election of Burdette to the Board on the Effective Date
Clarence H. Smith, Havertys’ chief executive officer and chairman will retire from his position as chief executive officer and will continue his service on the Board as executive chairman.
On March 4, 2024, J. Edward Clary announced his intention to retire from his position as Executive Vice President, and Chief Information Officer of Haverty Furniture Companies, Inc. ("Havertys" or the "Company").
On March 4, 2024, J. Edward Clary announced his intention to retire from his position as Executive Vice President, and Chief Information Officer of Haverty Furniture Companies, Inc.
The board of directors elected Michael R. Cote to the board of Haverty Furniture Companies, Inc. (“Havertys” or the “Company”) effective November 11, 2022,
Max materiality 0.85 · Median 0.70 · Most common event earnings