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Havertys Updates Second Quarter Sales

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, June 20, 2017 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) (NYSE:HVT.A) today reported members of the company's senior management are scheduled to meet on June 21st and 22nd with institutional investors in the Midwest and discuss the company’s operations. In anticipation of these meetings, Havertys also today released updated sales information. Havertys sales for the second quarter to date of 2017 are up approximately 1.6% over the same period last year and comparable store sales are up 0.4%. Havertys’ stores are closed for Easter and the holiday occurred in April this year versus March last year.  Written comparable store sales for the second quarter to date after adjusting 1.6% for the Easter shift are up 0.3%.  This compares to a written comparable store sales increase of 4.5% for the full second quarter of 2016, also adjusted for the shift in Easter in 2016. “Our written comparable store sales in the second quarter reflect soft written business except for a very good Memor [Read more]

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