Havertys Reports Earnings for Fourth Quarter and Full Year 2017
Haverty Furniture Companies, Inc. (HVT)
Last haverty furniture companies, inc. earnings: 2/18 04:11 pm
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US:NYSE Investor Relations:
havertys.com/furniture/annual-reports
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Source: GlobeNewswire
ATLANTA, Feb. 20, 2018 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) (NYSE:HVT.A) reports earnings for the quarter ended December 31, 2017 of $0.13 per share compared to $0.51 per share for the same period of 2016. The earnings per share for the full year 2017 were $0.98 compared to $1.30 per share for 2016. The enactment of the 2017 Tax Cuts and Jobs Act (the Tax Act) resulted in a reduction in diluted earnings per share of $0.27 for both the fourth quarter and full year 2017. Clarence H. Smith, chairman, president and CEO, said, “Our earnings for the fourth quarter reflect the impact of below plan sales and the Tax Act. Our sales and in-home designer teams have increased our average ticket for the 13th straight quarter, however generating store traffic remains challenging. We believe the beneficial effects of the Tax Act will begin to be realized by individuals and companies during the next few months. The reduction in corporate tax rates will mean our estimated effective tax rate f
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HVT
Earnings
- 2/21/24 - Miss
HVT
Sec Filings
- 3/27/24 - Form DEF
- 3/8/24 - Form 8-K
- 3/8/24 - Form S-8
- HVT's page on the SEC website