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HVT-A

Haverty Furniture Companies, Inc.

HVT-A

Haverty Furniture Companies, Inc. • NYSE
$22.90 ▲ 1.37% (+0.31)
Market Cap $372.52 M
52w High $24.41
52w Low $16.94
Dividend Yield 1.21%
P/E 19.57
Volume 74
Outstanding Shares 16.27M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $194.484M ▲ $112.329M ▲ $-6.456M ▼ -3.319% ▼ $-0.41 ▼ $12.459M ▲
Q2-2025 $181.025M ▼ $107.333M ▲ $2.689M ▼ 1.485% ▼ $0.17 ▼ $8.705M ▼
Q1-2025 $181.567M ▼ $107.202M ▲ $3.778M ▼ 2.081% ▼ $0.24 ▼ $9.776M ▼
Q4-2024 $184.353M ▲ $105.826M ▲ $8.197M ▲ 4.446% ▲ $0.5 ▲ $14.214M ▲
Q3-2024 $175.913M $100.94M $4.928M 2.801% $0.3 $10.559M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $130.495M ▲ $651.709M ▲ $345.682M ▲ $306.027M ▲
Q2-2025 $113.771M ▲ $642.672M ▼ $337.801M ▲ $304.871M ▼
Q1-2025 $111.941M ▼ $642.69M ▼ $337.329M ▼ $305.361M ▼
Q4-2024 $120.034M ▼ $648.747M ▼ $341.186M ▼ $307.561M ▼
Q3-2024 $127.365M $659.302M $351.502M $307.8M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $4.729M ▲ $31.908M ▲ $-3.521M ▲ $-5.181M ▲ $23.206M ▲ $28.333M ▲
Q2-2025 $2.689M ▼ $7.223M ▲ $-5.561M ▲ $-6.179M ▲ $-4.517M ▲ $1.648M ▲
Q1-2025 $3.778M ▼ $6.154M ▼ $-6.122M ▲ $-8.058M ▲ $-8.026M ▼ $27K ▼
Q4-2024 $8.197M ▲ $16.92M ▼ $-7.807M ▲ $-10.164M ▼ $-1.051M ▼ $9.113M ▼
Q3-2024 $4.928M $24.447M $-7.924M $-5.225M $11.298M $16.114M

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q2-2025
Accessories and Other
Accessories and Other
 $30.00M ▲$20.00M ▼$50.00M ▲$30.00M ▼
Bedroom Furniture
Bedroom Furniture
 $30.00M ▲$30.00M ▲$50.00M ▲$30.00M ▼
Case Goods
Case Goods
 $60.00M ▲$60.00M ▲$120.00M ▲$60.00M ▼
Dining Room Furniture
Dining Room Furniture
 $20.00M ▲$20.00M ▲$40.00M ▲$20.00M ▼
Mattresses
Mattresses
 $20.00M ▲$20.00M ▲$30.00M ▲$20.00M ▼
Occasional
Occasional
 $10.00M ▲$10.00M ▲$30.00M ▲$10.00M ▼
Upholstery
Upholstery
 $80.00M ▲$80.00M ▲$160.00M ▲$80.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue and profits have clearly come off their pandemic-era highs and have been drifting lower for the last couple of years. The business is still solidly profitable, but earnings are now much slimmer than during the boom period when home spending surged. Gross margins remain healthy, suggesting the company is still able to price for value, but operating margins have compressed as fixed costs weigh more heavily on a smaller sales base. Overall, the income statement tells the story of a mature, cyclical retailer normalizing after an unusually strong run, rather than a business in distress.

Balance Sheet

Balance Sheet The balance sheet looks steady and conservative. Total assets have held fairly constant, with a stable base of stores and inventory. Cash levels are healthy for a retailer, even though they sit below the peak seen a few years ago. Debt has been kept modest and largely unchanged, while shareholder equity has gradually built up over time. This combination points to a company that has not overextended itself and has some cushion to handle business cycles or invest selectively.

Cash Flow

Cash Flow Cash generation from the core business is positive and fairly resilient, but it has been somewhat up and down year to year. Free cash flow has remained in the black, though it is lower than in the strongest years when demand was unusually high. Investment in the business through capital spending has picked up at times, likely tied to store refreshes and technology, which temporarily pulls free cash flow down but can support future operations. Overall, the cash flow profile looks sound for a traditional retailer: not explosive, but consistent enough to fund operations, maintenance, and selective growth.

Competitive Edge

Competitive Edge Haverty’s leans on a long history, a trusted brand, and a focus on higher-end, service-oriented customers rather than competing on the lowest price. Its emphasis on curated, often exclusive product lines and white-glove delivery helps differentiate it from big-box stores and pure online players. The company’s logistics and in-home services are important strengths, particularly for large-ticket items where service matters. The main competitive risks come from economic slowdowns that reduce discretionary furniture spending, aggressive national chains, and evolving online-only models, but Haverty’s niche in quality and service gives it a defensible position.

Innovation and R&D

Innovation and R&D While not a classic R&D-heavy company, Haverty’s has steadily invested in practical innovations: a modern, cloud-based supply chain system, a more capable e-commerce site, and digital tools like 3D room planning integrated with design consulting. In-store, it is experimenting with updated layouts and lighting to improve the showroom experience. Looking ahead, plans for more store openings, potential augmented-reality tools, and expanded product lines (including eco-friendlier options) show a willingness to adapt. Innovation here is about refining operations and the customer journey rather than breakthrough technology, but it is meaningful for a furniture retailer.

Summary

Haverty Furniture looks like a mature, cyclical retailer coming down from an exceptional period of demand back toward more normal conditions. Profitability has narrowed, yet the company remains clearly in the black. Its balance sheet and cash flows appear prudent and steady, offering financial flexibility. Strategically, Haverty’s relies on brand reputation, service intensity, and logistics quality to stand out in a crowded market, while gradually upgrading its technology and store base. The key questions going forward center on its ability to reignite growth in a softer demand environment, protect margins, and successfully execute store and digital initiatives without overreaching financially.

NEWS

October 22, 2025 · 4:10 PM UTC

Havertys Furniture To Host Third Quarter 2025 Earnings Conference Call on October 30, 2025

Read more