Havertys Furniture Reports Operating Results for Second Quarter 2025
Havertys (NYSE:HVT) reported mixed Q2 2025 results with sales growth but lower earnings. Total sales increased 1.3% to $181.0 million, marking the first year-over-year growth since Q4 2022, though comparable store sales declined 2.3%. Diluted EPS fell to $0.16 from $0.27 in Q2 2024.
The company maintained strong gross profit margins of 60.8%, up from 60.4% year-over-year. However, SG&A expenses increased to 59.3% of sales from 57.7%, driven by higher administrative costs, occupancy expenses, and advertising spending. Havertys ended the quarter with $113.8 million in cash and no debt, while maintaining an $80.0 million credit facility.
For 2025, Havertys expects gross profit margins between 60.0-60.5% and fixed/discretionary SG&A expenses of $291.0-293.0 million, with planned capital expenditures of approximately $24.0 million.
Havertys (NYSE:HVT) ha riportato risultati contrastanti nel secondo trimestre 2025, con una crescita delle vendite ma un calo degli utili. Le vendite totali sono aumentate del 1,3% raggiungendo 181,0 milioni di dollari, segnando la prima crescita su base annua dal quarto trimestre 2022, anche se le vendite comparabili nei negozi sono diminuite del 2,3%. L'utile diluito per azione (EPS) 猫 sceso a 0,16 dollari rispetto a 0,27 dollari nel secondo trimestre 2024.
L'azienda ha mantenuto solide margini lordi del 60,8%, in aumento rispetto al 60,4% dell'anno precedente. Tuttavia, le spese SG&A sono salite al 59,3% delle vendite dal 57,7%, a causa di maggiori costi amministrativi, spese per occupazione e investimenti pubblicitari. Havertys ha chiuso il trimestre con 113,8 milioni di dollari in contanti e senza debiti, mantenendo una linea di credito da 80,0 milioni di dollari.
Per il 2025, Havertys prevede margini lordi tra il 60,0% e il 60,5% e spese SG&A fisse e discrezionali comprese tra 291,0 e 293,0 milioni di dollari, con spese in conto capitale pianificate di circa 24,0 milioni di dollari.
Havertys (NYSE:HVT) report贸 resultados mixtos en el segundo trimestre de 2025, con crecimiento en ventas pero una disminuci贸n en las ganancias. Las ventas totales aumentaron un 1,3% hasta los 181,0 millones de d贸lares, marcando el primer crecimiento interanual desde el cuarto trimestre de 2022, aunque las ventas comparables en tiendas disminuyeron un 2,3%. El beneficio diluido por acci贸n (EPS) cay贸 a 0,16 d贸lares desde 0,27 d贸lares en el segundo trimestre de 2024.
La compa帽铆a mantuvo s贸lidos m谩rgenes brutos del 60,8%, frente al 60,4% del a帽o anterior. Sin embargo, los gastos SG&A aumentaron al 59,3% de las ventas desde el 57,7%, impulsados por mayores costos administrativos, gastos de ocupaci贸n y publicidad. Havertys cerr贸 el trimestre con 113,8 millones de d贸lares en efectivo y sin deuda, conservando una l铆nea de cr茅dito de 80,0 millones de d贸lares.
Para 2025, Havertys espera m谩rgenes brutos entre 60,0% y 60,5% y gastos SG&A fijos y discrecionales de 291,0 a 293,0 millones de d贸lares, con gastos de capital planificados de aproximadamente 24,0 millones de d贸lares.
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Havertys (NYSE:HVT) a publi茅 des r茅sultats mitig茅s au deuxi猫me trimestre 2025, avec une croissance des ventes mais une baisse des b茅n茅fices. Le chiffre d'affaires total a augment茅 de 1,3% pour atteindre 181,0 millions de dollars, marquant la premi猫re croissance annuelle depuis le quatri猫me trimestre 2022, bien que les ventes comparables en magasin aient diminu茅 de 2,3%. Le b茅n茅fice dilu茅 par action (EPS) est tomb茅 脿 0,16 dollar contre 0,27 dollar au deuxi猫me trimestre 2024.
L'entreprise a maintenu des marges brutes solides de 60,8%, en hausse par rapport 脿 60,4% l'ann茅e pr茅c茅dente. Cependant, les d茅penses SG&A ont augment茅 pour repr茅senter 59,3% des ventes contre 57,7%, en raison de co没ts administratifs, de charges d'occupation et de d茅penses publicitaires plus 茅lev茅s. Havertys a termin茅 le trimestre avec 113,8 millions de dollars en liquidit茅s et sans dettes, tout en conservant une facilit茅 de cr茅dit de 80,0 millions de dollars.
Pour 2025, Havertys pr茅voit des marges brutes comprises entre 60,0 % et 60,5 % et des d茅penses SG&A fixes et discr茅tionnaires de 291,0 脿 293,0 millions de dollars, avec des d茅penses d'investissement pr茅vues d'environ 24,0 millions de dollars.
Havertys (NYSE:HVT) meldete gemischte Ergebnisse f眉r das zweite Quartal 2025 mit Umsatzwachstum, aber geringeren Gewinnen. Der Gesamtumsatz stieg um 1,3% auf 181,0 Millionen US-Dollar und verzeichnete damit das erste Jahreswachstum seit dem vierten Quartal 2022, obwohl die vergleichbaren Filialums盲tze um 2,3% zur眉ckgingen. Das verw盲sserte Ergebnis je Aktie (EPS) fiel von 0,27 US-Dollar im zweiten Quartal 2024 auf 0,16 US-Dollar.
Das Unternehmen hielt starke Bruttogewinnmargen von 60,8%, ein Anstieg gegen眉ber 60,4% im Vorjahreszeitraum. Die SG&A-Aufwendungen stiegen jedoch von 57,7% auf 59,3% des Umsatzes, bedingt durch h枚here Verwaltungskosten, Mietkosten und Werbeausgaben. Havertys beendete das Quartal mit 113,8 Millionen US-Dollar in bar und ohne Schulden, w盲hrend eine Kreditlinie von 80,0 Millionen US-Dollar aufrechterhalten wurde.
F眉r 2025 erwartet Havertys Bruttogewinnmargen zwischen 60,0% und 60,5% sowie fixe und variable SG&A-Aufwendungen in H枚he von 291,0 bis 293,0 Millionen US-Dollar, mit geplanten Investitionsausgaben von etwa 24,0 Millionen US-Dollar.
- First year-over-year sales growth since Q4 2022, up 1.3% to $181.0 million
- Gross profit margin improved to 60.8% from 60.4%
- Strong liquidity with $113.8 million cash and $80.0 million credit availability
- No debt outstanding as of June 30, 2025
- Generated $13.4 million in cash from operating activities
- Comparable store sales declined 2.3%
- Diluted EPS decreased to $0.16 from $0.27 year-over-year
- SG&A expenses increased to 59.3% of sales from 57.7%
- Pre-tax income declined to $4.3 million from $6.5 million
- Customer deposits decreased by $1.4 million
Insights
Havertys shows modest top-line growth but declining profitability amid challenging consumer environment; maintaining strong balance sheet with ample liquidity.
Havertys delivered its first year-over-year sales growth since Q4 2022, with revenues increasing
The company's profitability metrics show meaningful compression. Q2 diluted EPS fell to
The primary culprit for the earnings decline is SG&A expense growth, which increased by
Breaking down the SG&A increases reveals several factors:
Havertys maintains exceptional balance sheet strength with
Management's commentary acknowledges the challenging environment, citing the soft housing market, low consumer confidence, and tariff uncertainty. Their guidance maintains previous gross margin expectations of
Inventory levels increased
ATLANTA, GA / / July 30, 2025 / Haverty Furniture Companies, Inc. (NYSE:HVT)(NYSE:HVT.A), today reported operating results for the second quarter ended June 30, 2025.
Second Quarter 2025 versus Second Quarter 2024:
Diluted earnings per common share ("EPS") of
$0.16 versus$0.27 .Consolidated sales increased
1.3% to$181.0 million . Comparable store sales decreased2.3% .Gross profit margin was
60.8% compared to60.4% .
Steven G. Burdette, President and CEO said, "In the second quarter of 2025, we delivered year-over-year sales growth for the first time since the fourth quarter of 2022, while also achieving strong gross margins, positive traffic trends, and improved conversion rates. Although we continue to navigate a challenging environment, including a soft housing market, low consumer confidence, and tariff uncertainty, we are encouraged by the positive sales and operational trends we are seeing across our business. Our improved sales results reflect the effectiveness of our new marketing and promotional strategies, the dedication of our teams, and the value of the experience we've gained in our 140-year history."
Second Quarter ended June 30, 2025 Compared to Same Period of 2024
Total sales up
1.3% , comp-store sales down2.3% for the quarter. Total written business increased0.4% and comp-store written business decreased2.1% for the quarter.Design consultants accounted for
33.4% of written business in 2025 and36.0% in 2024.Gross profit margins increased to
60.8% in 2025 from60.4% in 2024.SG&A expenses were
59.3% of sales versus57.7% and increased$4.2 million . The primary drivers of this change are:increase in administrative expenses of
$3.4 million primarily from increased salaries, performance-based incentive compensation and stock compensation costs.increase in occupancy costs of
$1.5 million largely due to costs related to new locations.increase in advertising costs of
$1.1 million driven by increased spending on television and interactive marketing.decrease in warehouse and delivery costs of
$1.1 million driven by lower salaries and related benefit costs.
Balance Sheet and Cash Flow for the Six Months Ended June 30, 2025
Cash, cash equivalents, and restricted cash equivalents at June 30, 2025 are
$113.8 million .Generated
$13.4 million in cash from operating activities primarily from earnings and changes in working capital including a$9.9 million increase in inventories and a$1.4 million decrease in customer deposits.Invested
$11.7 million in capital expenditures.Purchased approximately 94,000 shares of common stock for
$2.0 million .Paid
$10.4 million in quarterly cash dividends.No debt outstanding at June 30, 2025, and credit availability of
$80.0 million .
Expectations and Other
Our 2025 guidance includes tariffs currently in effect as of July 30, 2025, but excludes the effects of additional proposed tariffs that have not been finalized by the Trump Administration. We are closely monitoring the tariff developments and evaluating the impact to minimize the effects on our business.
Our expectations for gross profit margins for 2025 are unchanged from our prior guidance and are between
60.0% to60.5% . Gross profit margins fluctuate quarter to quarter in relation to our promotional cadence.Fixed and discretionary expenses within SG&A for the full year of 2025 are expected to be in the
$291.0 t o$293.0 million range, unchanged from our previous guidance. Variable SG&A expenses for the full year of 2025 are anticipated to be in the18.5% to18.8% range, a decrease from our previous guidance driven by lower warehouse and delivery costs.Our effective tax rate for 2025 is expected to be
26.5% , excluding the impact from discrete items and any new tax legislation.Planned capital expenditures for the full year of 2025 are approximately
$24.0 million . We expect retail square footage at the end of 2025 to remain consistent with 2024.
Key Results
(amounts in millions, except per share amounts)
Results of Operations | ||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Sales | $ | 181.0 | $ | 178.6 | $ | 362.6 | $ | 362.6 | ||||||||
Gross Profit | 110.1 | 108.0 | 221.2 | 219.0 | ||||||||||||
Gross profit as a % of sales | 60.8 | % | 60.4 | % | 61.0 | % | 60.4 | % | ||||||||
SGA | ||||||||||||||||
Variable | 33.3 | 34.7 | 67.0 | 71.8 | ||||||||||||
Fixed | 74.0 | 68.4 | 147.5 | 140.7 | ||||||||||||
Total | 107.3 | 103.1 | 214.5 | 212.5 | ||||||||||||
SGA as a % of sales | ||||||||||||||||
Variable | 18.4 | % | 19.4 | % | 18.5 | % | 19.8 | % | ||||||||
Fixed | 40.9 | % | 38.3 | % | 40.7 | % | 38.8 | % | ||||||||
Total | 59.3 | % | 57.7 | % | 59.2 | % | 58.6 | % | ||||||||
Pre-tax income | 4.3 | 6.5 | 9.6 | 9.6 | ||||||||||||
Pre-tax income as a % of sales | 2.4 | % | 3.6 | % | 2.7 | % | 2.6 | % | ||||||||
Net income | 2.7 | 4.4 | 6.5 | 6.8 | ||||||||||||
Net income as a % of sales | 1.5 | % | 2.5 | % | 1.8 | % | 1.9 | % | ||||||||
Diluted earnings per share ("EPS") | $ | 0.16 | $ | 0.27 | $ | 0.39 | $ | 0.41 | ||||||||
Other Financial and Operations Data | ||||||||
Six Months Ended June 30, | ||||||||
2025 | 2024 | |||||||
EBITDA (in millions)(1) | $ | 18.7 | $ | 16.8 | ||||
Sales per square foot | $ | 161 | $ | 166 | ||||
Average ticket | $ | 3,350 | $ | 3,332 | ||||
Liquidity Measures | |||||||||||||||||
Six Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||
Free Cash Flow | 2025 | 2024 | Cash Returns to Shareholders | 2025 | 2024 | ||||||||||||
Operating cash flow | $ | 13.4 | $ | 17.5 | Share repurchases | $ | 2.0 | $ | - | ||||||||
Dividends | 10.4 | 10.1 | |||||||||||||||
Capital expenditures | (11.7 | ) | (16.0 | ) | Cash returns to shareholders | $ | 12.4 | $ | 10.1 | ||||||||
Free cash flow | $ | 1.7 | $ | 1.5 | |||||||||||||
Cash at period end | $ | 113.8 | $ | 116.1 | |||||||||||||
(1) See the reconciliation of the non-GAAP metrics at the end of the release.
HAVERTY FURNITURE COMPANIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
Three Months Ended | Six Months Ended | |||||||||||||||
(In thousands, except per share data) | 2025 | 2024 | 2025 | 2024 | ||||||||||||
Net sales | $ | 181,025 | $ | 178,636 | $ | 362,592 | $ | 362,633 | ||||||||
Cost of goods sold (exclusive of depreciation and amortization) | 70,923 | 70,652 | 141,407 | 143,630 | ||||||||||||
Gross profit | 110,102 | 107,984 | 221,185 | 219,003 | ||||||||||||
Expenses: | ||||||||||||||||
Selling, general and administrative | 107,333 | 103,099 | 214,535 | 212,455 | ||||||||||||
Other income, net | (65 | ) | (101 | ) | (223 | ) | (78 | ) | ||||||||
Total expenses | 107,268 | 102,998 | 214,312 | 212,377 | ||||||||||||
Income before interest and income taxes | 2,834 | 4,986 | 6,873 | 6,626 | ||||||||||||
Interest income, net | 1,492 | 1,467 | 2,746 | 3,022 | ||||||||||||
Income before income taxes | 4,326 | 6,453 | 9,619 | 9,648 | ||||||||||||
Income tax expense | 1,637 | 2,015 | 3,152 | 2,817 | ||||||||||||
Net income | $ | 2,689 | $ | 4,438 | $ | 6,467 | $ | 6,831 | ||||||||
Basic earnings per share: | ||||||||||||||||
Common Stock | $ | 0.17 | $ | 0.27 | $ | 0.40 | $ | 0.42 | ||||||||
Class A Common Stock | $ | 0.15 | $ | 0.25 | $ | 0.37 | $ | 0.39 | ||||||||
Diluted earnings per share: | ||||||||||||||||
Common Stock | $ | 0.16 | $ | 0.27 | $ | 0.39 | $ | 0.41 | ||||||||
Class A Common Stock | $ | 0.15 | $ | 0.25 | $ | 0.37 | $ | 0.39 | ||||||||
Cash dividends per share: | ||||||||||||||||
Common Stock | $ | 0.32 | $ | 0.32 | $ | 0.64 | $ | 0.62 | ||||||||
Class A Common Stock | $ | 0.30 | $ | 0.30 | $ | 0.60 | $ | 0.58 | ||||||||
HAVERTY FURNITURE COMPANIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(In thousands) | June 30, | December 31, | June 30, | |||||||||
Assets | ||||||||||||
Current assets | ||||||||||||
Cash and cash equivalents | $ | 107,357 | $ | 120,034 | $ | 109,942 | ||||||
Restricted cash and cash equivalents | 6,414 | 6,280 | 6,125 | |||||||||
Inventories | 93,270 | 83,419 | 92,401 | |||||||||
Prepaid expenses | 15,775 | 14,576 | 16,445 | |||||||||
Other current assets | 13,332 | 14,587 | 15,497 | |||||||||
Total current assets | 236,148 | 238,896 | 240,410 | |||||||||
Property and equipment, net | 181,227 | 182,622 | 177,449 | |||||||||
Right-of-use lease assets | 192,265 | 194,411 | 195,000 | |||||||||
Deferred income taxes | 17,048 | 17,075 | 15,478 | |||||||||
Other assets | 15,984 | 15,743 | 13,768 | |||||||||
Total assets | $ | 642,672 | $ | 648,747 | $ | 642,105 | ||||||
Liabilities and Stockholders' Equity | ||||||||||||
Current liabilities | ||||||||||||
Accounts payable | $ | 16,464 | $ | 14,914 | $ | 18,058 | ||||||
Customer deposits | 39,351 | 40,733 | 38,731 | |||||||||
Accrued liabilities | 37,436 | 39,635 | 37,090 | |||||||||
Current lease liabilities | 37,263 | 36,283 | 36,561 | |||||||||
Total current liabilities | 130,514 | 131,565 | 130,440 | |||||||||
Noncurrent lease liabilities | 180,045 | 182,096 | 176,940 | |||||||||
Other liabilities | 27,242 | 27,525 | 27,627 | |||||||||
Total liabilities | 337,801 | 341,186 | 335,007 | |||||||||
Stockholders' equity | 304,871 | 307,561 | 307,098 | |||||||||
Total liabilities and stockholders' equity | $ | 642,672 | $ | 648,747 | $ | 642,105 | ||||||
HAVERTY FURNITURE COMPANIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
(In thousands) | Six Months Ended | |||||||
2025 | 2024 | |||||||
Cash Flows from Operating Activities: | ||||||||
Net income | $ | 6,467 | $ | 6,831 | ||||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
Depreciation and amortization | 11,831 | 10,147 | ||||||
Share-based compensation expense | 3,986 | 4,130 | ||||||
Other | 1,156 | 1,314 | ||||||
Changes in operating assets and liabilities: | ||||||||
Inventories | (9,851 | ) | 1,555 | |||||
Customer deposits | (1,382 | ) | 2,894 | |||||
Other assets and liabilities | 658 | 916 | ||||||
Accounts payable and accrued liabilities | 512 | (10,245 | ) | |||||
Net cash provided by operating activities | 13,377 | 17,542 | ||||||
Cash Flows from Investing Activities: | ||||||||
Capital expenditures | (11,702 | ) | (15,952 | ) | ||||
Proceeds from sale of land, property and equipment | 19 | 52 | ||||||
Net cash used in investing activities | (11,683 | ) | (15,900 | ) | ||||
Cash Flows from Financing Activities: | ||||||||
Dividends paid | (10,353 | ) | (10,070 | ) | ||||
Common stock repurchased | (2,000 | ) | - | |||||
Taxes on vested restricted shares | (1,884 | ) | (3,282 | ) | ||||
Net cash used in financing activities | (14,237 | ) | (13,352 | ) | ||||
Decrease in cash, cash equivalents, and restricted cash equivalents during the period | (12,543 | ) | (11,710 | ) | ||||
Cash, cash equivalents, and restricted cash equivalents at beginning of period | 126,314 | 127,777 | ||||||
Cash, cash equivalents, and restricted cash equivalents at end of period | $ | 113,771 | $ | 116,067 | ||||
GAAP to Non-GAAP Reconciliation
We report our financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides additional useful information but should not be considered in isolation or as substitutes for the related GAAP measures. We believe that EBITDA is a meaningful measure to share with investors.
Reconciliation of GAAP measures to EBITDA
Six Months Ended June 30, | ||||||||
(in thousands) | 2025 | 2024 | ||||||
Income before income taxes, as reported | $ | 9,619 | $ | 9,648 | ||||
Interest income, net | (2,746 | ) | (3,022 | ) | ||||
Depreciation and amortization | 11,831 | 10,147 | ||||||
EBITDA | $ | 18,704 | $ | 16,773 | ||||
Comparable Store Sales鈥�
Comparable-store or "comp-store" sales is a measure which indicates the performance of our existing stores and website by comparing the sales growth for stores and online for a particular month over the corresponding month in the prior year. Stores are considered non-comparable if they were not open during the corresponding month or if the selling square footage has been changed significantly.
Cost of Goods Sold and SG&A Expense鈥�
We include substantially all our occupancy and home delivery costs in SG&A expense as well as a portion of our warehousing expenses.鈥� Accordingly, our gross profit may not be comparable to those entities that include these costs in cost of goods sold.鈥�
We classify our SG&A expenses as either variable or fixed and discretionary.鈥� Our variable expenses are comprised of selling and delivery costs.鈥� Selling expenses are primarily compensation and related benefits for our commission-based sales associates, the discount we pay for third party financing of customer sales and transaction fees for credit card usage.鈥� We do not outsource delivery, so these costs include personnel, fuel, and other expenses related to this function.鈥� Fixed and discretionary expenses are comprised of rent, depreciation and amortization and other occupancy costs for stores, warehouses and offices, and all advertising and administrative costs.鈥�
Conference Call Information
The company invites interested parties to listen to the live webcast of the conference call on July 31, 2025 at 10:00 a.m. ET at its website, . If you cannot listen live, a replay will be available on the day of the conference call at the website at approximately 1:00 p.m. ET.
About Havertys Furniture
Haverty Furniture Companies, Inc. (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 129 showrooms in 17 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Additional information is available on the Company's website .鈥�
Safe Harbor
This press release contains, and the conference call may contain forward-looking statements subject to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are subject to risks and uncertainties and change based on various important factors, many of which are beyond our control.
All statements in the future tense and all statements accompanied by words such as "expect," "likely," "outlook," "forecast," "preliminary," "would," "could," "should," "position," "will," "project," "intend," "plan," "on track," "anticipate," "to come," "may," "possible," "assume," and variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, our expectations for retail and operating margins, selling square footage and capital expenditures for 2025, our liquidity position to continue to fund our growth plans, and our efforts and initiatives to execute our strategic plan.
We caution that our forward-looking statements involve risks and uncertainties, and while we believe that our expectations for the future are reasonable in view of currently available information you are cautioned not to place undue reliance on our forward-looking statements, and they should not be relied upon as a prediction of actual results. Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements include but are not limited to: competition from national, regional and local retailers of home furnishings; our ability to anticipate changes in consumer preferences; our ability to successfully implement our growth and other strategies; our ability to maintain and enhance our brand; importing merchandise from foreign sources; fluctuations and volatility in the cost of raw materials and components; our dependence on third-party producers to meet our requirements; our vendors' ability to meet our quality control standards or comply with changes to the legislative or regulatory framework regarding product safety; risks in our supply chain, including price, availability and quality of raw materials and components utilized in the products we sell and our ability to forecast our supply chain needs; our reliance on third-party transportation vendors for product shipments from our suppliers; the effects of labor disruptions or labor shortages; and our ability to attract and retain key employees; the rise of oil and gasoline prices; increased transportation costs; damage to one of our distribution centers; the vulnerability of our information technology infrastructure to cyber-attacks, breaches and other disruptions; changes in general domestic and international economic conditions such as inflation rates, interest rates, tax rates, unemployment rates, higher labor and healthcare costs, recessions, and changing government policies, laws and regulations; pending or unforeseen litigation; as well as other risks and uncertainties discussed in the Company's Annual Report on Form 10-K for 2024 and from time to time in the Company's subsequent filings with the SEC.
Forward-looking statements describe our expectations only as of the date they are made, and the Company undertakes no duty to update its forward-looking statements except as required by law. You are advised, however, to review any further disclosures we make on related subjects in our subsequent Forms 10-K, 10-Q, 8-K, and other reports filed with the SEC.鈥�
Contact:
Havertys Furniture 404-443-2900
Tiffany Hinkle
AVP, Financial Reporting
[email protected]
SOURCE: Haverty Furniture Companies, Inc.
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