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Havertys Reports Sales for Third Quarter

HAVERTY FURNITURE (HVT)  More Company Research Source: GlobeNewswire
Last haverty furniture earnings: 7/31 04:40 pm Check Earnings Report
US:NYSE Investor Relations: havertys.com/furniture/annual-reports
PDF ATLANTA, Oct. 06, 2017 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) (NYSE:HVT.A) today reported sales for the quarter ended September 30, 2017. Havertys sales for the third quarter 2017 decreased 1.9% to $207.6 million, compared with $211.7 million for the third quarter of 2016.  On a comparable store basis, sales for the quarter were down 2.9%.  Comparable store sales do not include locations opened, closed or otherwise non-comparable during the last 12 months.  Sales for the first nine months of 2017 totaled $604.9 million, compared with $601.0 million in 2016, representing an increase of 0.7%.  On a comparable store basis, sales decreased 0.6% for the first nine months. Total written sales for the third quarter of 2017 were down 3.5% and written comparable store sales decreased 4.2% over the same period last year. During September, 55 of Havertys stores were closed for one or more days due to Hurricane Irma.  The negative impact on third quarter total written sales and written compa [Read more]

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