Tag Archives: Havertys

Havertys Q3 Net Falls 17.6 Percent


ATLANTA-Increased costs and reduced profit margins cut into Havertys’ third-quarter net income by 17.6 percent, to $7.8 million. Selling, general and administrative expenses were up 6 percent in dollars and 132 basis points as a percentage of sales, to 47.1 percent. Increases in delivery expenses, sales commissions, fixed and discretionary costs brought about the addedMore »

Last updated: November 4, 2014

Havertys Q3 Sales Rise 3 Percent


ATLANTA-Havertys said its third-quarter sales rose 3 percent to $198.5 million in a preliminary report on the quarter. Same-store sales for the quarter, which ended on Sept. 30, were up 3.5 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the retailer enjoyed a “record-setting” Labor Day period and improved growth versus September of lastMore »

Last updated: October 7, 2014

Havertys Q2 Sales Edge Up 2.3 Percent


ATLANTA-Havertys posted a gain of 2.3 percent in second-quarter net sales, which totaled $175.1 million and which included a pickup of 3.2 percent in same-store sales. The sales gain in the quarter, which ended on June 30, included an increase in total written sales of 4.7 percent, which included a 5.3 percent rise in writtenMore »

Last updated: July 31, 2014

Havertys Sales Gain in Q2


ATLANTA-Havertys posted a second-quarter increase of 2.4 percent in net sales, to $175.1 million, according to a preliminary statement on the quarter, which ended on June 30. The sales pickup included a 3.2 percent rise in same-store sales. Clarence Smith, Havertys’ chairman, president and CEO, said the retailer experienced growth in sales of upholstery, mattressesMore »

Last updated: July 8, 2014

Havertys Tabs Daly-Jennings to Lead Marketing

Kathy Daly-Jennings

ATLANTA-Former Google executive Kathy Daly-Jennings has been appointed senior vice president of marketing for Havertys. The move puts Daly-Jennings in charge of all of the home specialty retailer’s marketing and advertising functions in stores and across its digital formats. She will report to Richard Gallagher, executive vice president of merchandising, and will succeed Thomas CurranMore »

Last updated: June 10, 2014

Havertys Q1 Sales Fall


ATLANTA-Havertys’ first-quarter sales fell 2.5 percent to $181.4 million, according to a preliminary report from the home furnishings retailer. Same-store sales in the quarter, which ended on March 31, were down 0.9 percent. Clarence Smith, Havertys’ chairman, president and CEO, said the results came off last year’s first quarter, in which same-store sales rose 11.5More »

Last updated: April 9, 2014

Havertys Net Jumps 42.8 percent in Q4


ATLANTA-With its turnaround in full throttle, Havertys ended its fiscal year with increases of 42.8 percent and 116.4 percent in its fourth-quarter and fiscal-year net income, respectively. Net income in the quarter totaled $9.7 million, bringing the bottom line for the year to $32.3 million. Clarence Smith, Havertys’ chairman, president and CEO, called the resultsMore »

Last updated: February 25, 2014

Havertys Q4 Sales Up, Plans Square-Footage Increase


ATLANTA-In a preliminary report on its fourth-quarter results, Havertys said written business for the quarter through November has gained 7.9 percent over the same period last year. The specialty retailer also said it is planning to boost its net selling square footage by 3 percent in 2014. It will open a store with 19,000 squareMore »

Last updated: December 3, 2013