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Stock impact report

Havertys Reports Earnings for Third Quarter 2018

Haverty Furniture Companies, Inc. (HVT) 
Last haverty furniture companies, inc. earnings: 2/18 04:11 pm Check Earnings Report
US:NYSE Investor Relations: havertys.com/furniture/annual-reports
Company Research Source: GlobeNewswire
ATLANTA, Oct. 30, 2018 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:  HVT and HVT.A) reports earnings per share of $0.39 for the third quarter of 2018, compared to $0.28 for the third quarter in 2017.  The earnings per share for the nine months ended September 30, 2018 is $0.98, compared to $0.84 for the same period of 2017. Clarence H. Smith, chairman, president and chief executive officer, said, “We had a solid third quarter and made strides in key operational areas of distribution and store count right-sizing. Our sales for the period were good and we had improved gross margins for the quarter. The performance of several of our new product lines is very encouraging as we enter the fourth quarter.  “The 10% tariff on furniture, accessories, and related components imported into the U.S. from China went into effect for goods received at U.S. ports on September 25, 2018. This new tariff is scheduled to increase to 25% on January 1, 2019. We have been working closely with our vendor partners Show less Read more
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