Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+4.19%
$29.46
100% positive prob.
5-Day Prediction
+5.72%
$29.90
100% positive prob.
20-Day Prediction
+5.44%
$29.82
95% positive prob.
SEC 8-K filings with transcript text
Aug 4, 2026 · 100% conf.
1D
+4.19%
$29.46
Act: +2.05%
5D
+5.72%
$29.90
Act: +0.50%
20D
+5.44%
$29.82
2 ex991-hvtearningsreleasex2.htm
Document
Exhibit 99.1
Havertys Furniture Reports Operating Results for Second Quarter 2026
Atlanta, Georgia, August 4, 2026 – Haverty Furniture Companies, Inc. (NYSE: HVT and HVT.A), today reported operating results for the second quarter ended June 30, 2026.
Second Quarter 2026 versus Second Quarter 2025:
•Diluted earnings per common share (“EPS”) of $0.32 versus $0.16.
•Consolidated sales increased 7.7% to $194.9 million.
•Comparable store sales increased 8.0%.
•Gross profit margin was 61.4% compared to 60.8%.
•Excluding the impact of approximately $1.5 million in IEEPA tariff refunds, gross margin was 60.7% in 2026 compared to 60.8% in 2025.
Steven G. Burdette, President and CEO said, "Our second quarter results reflect the sustained momentum in our business, marked by a fourth consecutive quarter of written, delivered and comp-store sales growth. We posted a strong Memorial Day weekend performance, with average tickets up double-digits. Gross margins expanded to 61.4%, which included the benefit of approximately $1.5 million in IEEPA tariff refunds.
We also advanced our strategic growth initiatives with the openings of two stores, Fenton, Missouri and Mt. Juliet, Tennessee. We are on track to open five additional stores and complete one relocation, increasing our store count to 133 at year-end. Our upcoming entry into Pittsburgh, Pennsylvania will extend our footprint to 18 states, consistent with our long-term growth strategy.
This quarter's results underscore our commitment to an exceptional customer experience and disciplined execution across the business. Our strong balance sheet and gross margins, strengthening design business, average-ticket growth, and investments in new markets give us confidence entering the second half of the year."
NEWS RELEASE – August 4, 2026 Page 2
Second Quarter ended June 30, 2026 Compared to Same Period of 2025
•Total sales up 7.7%, comp-store sales up 8.0% for the quarter. Total written business increased 12.6% and comp-store written business increased 12.3% for the quarter.
•Design consultants accounted for 36.5% of written business in 2026 and 33.4% in 2025.
•Gross profit margins increased to 61.4% in 2026 from 60.8% in 2025.
•SG&A expenses were 58.0% of sales versus 59.3% and increased $5.8 million. The primary drivers of this change are:
◦increase in selling expense of $3.1 million primarily due to higher commissioned-based compensation and third-party credit costs
◦increase in administrative expenses of $2.8 million primarily from increased salaries, performance-based incentive compensation and related benefits.
Balance Sheet and Cash Flow for the Six Months Ended June 30, 2026
•Cash, cash equivalents, and restricted cash equivalents at June 30, 2026 are $111.0 million.
•Invested $13.1 million in capital expenditures.
•Purchased approximately 723,000 shares of common stock for $16.6 million.
◦In June 2026, the Company repurchased 600,000 shares of its common stock for approximately $13.9 million in a privately negotiated transaction.
•Paid $10.6 million in quarterly cash dividends.
•No debt outstanding at June 30, 2026, and credit availability of $100 million.
◦Effective June 29, 2026, the Company's revolving credit facility was amended to increase the borrowing capacity from $80 million to $100 million.
Expectations and Other
•Our 2026 guidance includes tariffs currently in effect as of August 4, 2026 but excludes future IEEPA tariff refunds that may be received for indirectly sourced products. We are closely monitoring the tariff developments to manage our exposure and minimize the effects on our business.
•Our expectations for gross profit margins for 2026 are between 60.5% to 61.0%, unchanged from our previous guidance. 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 2026 are expected to be in the $307.0 to $309.0 million range, unchanged from our previous guidance. Variable SG&A expenses for the full year of 2026 are anticipated to be in the 18.7% to 18.9% range, an increase from our previous guidance due to higher selling expenses.
•Our effective tax rate for 2026 is expected to be 26.0%, excluding the impact from discrete items and any new tax legislation.
•Planned capital expenditures for the full year of 2026 are approximately $34.0 million, an increase from our previous guidance due to store growth.
NEWS RELEASE – August 4, 2026 Page 3
Key Results
(amounts in millions, except per share amounts)
Results of Operations
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Sales
$
194.9
$
181.0
$
384.0
$
362.6
Gross Profit
119.7
110.1
235.9
221.2
Gross profit as a % of sales
61.4
%
60.8
%
61.4
%
61.0
%
SGA
Variable
37.6
33.3
73.9
67.0
Fixed
75.6
74.0
150.6
147.5
Total
113.2
107.3
224.4
May 5, 2026
2 ex991-hvtearningsreleasex1.htm
Document
Exhibit 99.1
Havertys Furniture Reports Operating Results for First Quarter 2026
Atlanta, Georgia, May 5, 2026 – Haverty Furniture Companies, Inc. (NYSE: HVT and HVT.A), today reported operating results for the first quarter ended March 31, 2026.
First Quarter 2026 versus First Quarter 2025:
•Diluted earnings per common share (“EPS”) of $0.26 versus $0.23.
•Consolidated sales increased 4.1% to $189.1 million.
•Comparable store sales increased 4.3%.
•Gross profit margin was 61.5% compared to 61.2%.
Steven G. Burdette, President and CEO said, “We are pleased with our first quarter results, delivering written business, delivered sales, and comp-store sales growth for a third consecutive quarter. Performance was led by strong Presidents' Day demand, gross profit margin expansion, and higher average tickets.
Our design program continues to be a key growth driver and differentiator for Havertys. Designer average tickets remain more than double our overall average ticket, and the program accounted for 35.3% of written business during the quarter, up over 200 basis points from 2025. We are excited about the program's trajectory and see significant opportunity ahead as we continue to provide a high-quality experience for our customers.
We also continued to execute on our store growth strategy, signing new store leases in the Dallas, TX, Atlanta, GA, and Fredericksburg, VA markets. With a strong balance, no funded debt, and sustained momentum across key operating metrics, we remain well positioned to continue growing our store base and execute on our long-term objectives."
NEWS RELEASE – May 5, 2026 Page 2
First Quarter ended March 31, 2026 Compared to Same Period of 2025
•Total sales up 4.1%, comp-store sales up 4.3% for the quarter. Total written business increased 6.4% and comp-store written business increased 7.0% for the quarter.
•Design consultants accounted for 35.3% of written business in 2026 and 33.2% in 2025.
•Gross profit margins increased to 61.5% in 2026 from 61.2% in 2025.
•SG&A expenses were 58.9% of sales versus 59.0% and increased $4.1 million. The primary drivers of this change are:
◦increase in selling expense of $2.4 million primarily due to higher commissioned-based compensation and third-party credit costs
◦increase in administrative expenses of $0.8 million primarily from increased salaries and related benefits.
◦increase in occupancy costs of $0.6 million related to new stores and the timing of repairs and maintenance.
Balance Sheet and Cash Flow for the Three Months Ended March 31, 2026
•Cash, cash equivalents, and restricted cash equivalents at March 31, 2026 are $114.1 million.
•Invested $7.0 million in capital expenditures.
•Purchased approximately 91,000 shares of common stock for $2.0 million.
•Paid $5.3 million in quarterly cash dividends.
•No debt outstanding at March 31, 2026, and credit availability of $80.0 million.
Expectations and Other
•Our 2026 guidance includes tariffs currently in effect as of May 5, 2026. We are closely monitoring the tariff developments to manage our exposure and minimize the effects on our business.
•Our expectations for gross profit margins for 2026 are between 60.5% to 61.0%, unchanged from our previous guidance. 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 2026 are expected to be in the $307.0 to $309.0 million range, unchanged from our previous guidance. Variable SG&A expenses for the full year of 2026 are anticipated to be in the 18.6% to 18.8% range.
•Our effective tax rate for 2026 is expected to be 26.0%, excluding the impact from discrete items and any new tax legislation.
•Planned capital expenditures for the full year of 2026 are approximately $34.0 million, an increase from our previous guidance due to store growth.
NEWS RELEASE – May 5, 2026 Page 3
Key Results
(amounts in millions, except per share amounts)
Results of Operations
Three Months Ended March 31,
2026
2025
Sales
$
189.1
$
181.6
Gross Profit
116.2
111.1
Gross profit as a % of sales
61.5
%
61.2
%
SGA
Variable
36.3
33.6
Fixed
75.0
73.6
Total
111.3
107.2
SGA as a % of sales
Variable
19.2
%
18.5
%
Fixed
39.7
%
40.5
%
Total
58.9
%
59.0
%
Pre-tax income
6.0
5.3
Pre-tax income as a % of sales
3.2
%
2.9
%
Net income
4.3
3.8
Net income as a % of sales
2.3
%
2.1
%
Diluted earnings per share (“EPS”)
$
0.26
$
0.23
Other Financial and Operations Data
Three Months Ended March 31,
2026
2025
EBITDA (in millions)(1)
$
11.3
$
9.9
Sales per square foot
$
169
$
162
Average ticket
$
3,707
$
3,314
Liquidity Measures
Three Months Ended March 31,
Three Months Ended March 31,
Free Cash Flow
2026
2025
Cash Returns to Shareholders
2026
2025
Operating cash flow
$
(2.9)
$
6.2
Share repurchases
$
2.
Feb 24, 2026
2 ex991-hvtq42025earningsrel.htm
Document
NEWS RELEASE – February 24, 2026 Exhibit 99.1
Havertys Reports Operating Results for Fourth Quarter 2025
ATLANTA, GA / ACCESSWIRE / February 24, 2026 / HAVERTYS (NYSE: HVT) and (NYSE: HVT.A), today reported its operating results for the fourth quarter ended December 31, 2025.
Fourth quarter 2025 versus fourth quarter 2024:
•Diluted earnings per common share (“EPS”) of $0.51 versus $0.49.
•Consolidated sales increased 9.5% to $201.9 million. Comparable store sales increased 8.2%.
•Gross profit margin of 60.4% versus 61.9%. Excluding the impact of LIFO, gross profit margin was 62.4% for 2025 and 61.4% for 2024.
FY 2025 versus FY 2024:
•Diluted earnings per common share (“EPS”) of $1.19 for 2025 and 2024.
•Consolidated sales increased 5.0% to $759.0 million. Comparable store sales increased 2.1%.
•Gross profit margin was 60.7% for 2025 and 2024. Excluding the impact of LIFO, gross profit margin was 61.3% for 2025 and 60.6% for 2024.
•Pre-tax income of $26.8 million versus $26.2 million.
Stock Repurchase Program:
•The Board of Directors approved an additional $15 million authorization for the Company's stock repurchase program.
Steven G. Burdette, President and CEO, said, "Our fourth quarter results were highlighted by our second consecutive quarter of growth in both written and delivered sales and comp-store sales. This sustained momentum reflects the effectiveness of our customer-first approach and strategic marketing investments, which continue to drive traffic and increase average tickets while maintaining strong gross margins, even as we navigate persistent industry headwinds. We are pleased to announce that we plan to enter our 18th state, in Pittsburgh, Pennsylvania, later this year, bringing our total planned store openings for 2026 to five locations.
In 2025, we returned $25.6 million to our shareholders through $4.8 million in share repurchases and $20.8 million in quarterly dividends. Our disciplined capital management approach reflects our commitment to delivering long-term value while maintaining the financial strength needed to grow in a challenging environment.
Our 2025 results demonstrate that our strategic initiatives and clear value proposition continue to resonate. We are encouraged by the positive momentum in our business and remain focused on delivering sustainable growth and long-term value for our customers and shareholders."
NEWS RELEASE – February 24, 2026
Fourth Quarter ended December 31, 2025 Compared to Same Period of 2024
•Total sales up 9.5%, comp-store sales up 8.2% for the quarter. Total written sales increased 3.5% and written comp-store sales increased 3.2% for the quarter.
•Design consultants accounted for 33.3% of written business in 2025 and 31.8% in 2024.
•Gross profit margins decreased 150 basis points to 60.4% in 2025 from 61.9% in 2024. In 2025, the change in LIFO reserve generated a negative impact of $3.9 million compared to a positive impact of $0.9 million in 2024.
•SG&A expenses were 55.7% of sales versus 57.4% and increased $6.6 million. The primary drivers of this change are:
•increase of $2.9 million in selling expenses due to higher commissioned-based compensation and third-party credit costs.
•increase of $3.1 million in administrative expenses due to performance-based incentive compensation and stock based compensation costs.
Balance Sheet and Cash Flow
•Cash, cash equivalents, and restricted cash equivalents at December 31, 2025 are $131.9 million.
•Generated $52.6 million in cash from operating activities primarily from earnings and changes in working capital, including a $12.7 million increase in inventories, a $5.2 million decrease in customer deposits, a $12.3 million decrease in other assets and liabilities and an $8.1 million increase in accrued liabilities and vendor repayments.
•Invested $19.7 million in capital expenditures.
•Purchased 216,482 shares of common stock for $4.8 million.
•Paid $20.8 million in quarterly cash dividends in 2025.
•No debt outstanding at December 31, 2025 and credit availability of $80.0 million.
Expectations and Other
•On February 20, 2026, the Supreme Court invalidated the tariffs imposed by the administration under the International Emergency Economic Protection Act during 2025, and the administration announced its intention to impose new tariffs under different regulations. Our 2026 guidance includes the impact of the new tariffs announced by the administration. We continue to monitor tariff developments and assess their potential impact on our business as such changes could have a material impact on our results of operations.
•We expect gross profit margins for 2026 will be between 60.5% to 61.0%. Gross profit margins fluctuate quarter to quarter in relation to our promotional cadence. Our estimated gross profit margins for 2026 are based on anticipated product and freight costs and the impact on our LIFO reserve.
•F
This page provides Haverty Furniture Companies Inc. (HVT) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on HVT's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.