EXHIBIT 99.1 Havertys Reports Operating Results for Second Quarter 2024 Atlanta, Georgia, July 31, 2024 – HAVERTYS (NYSE: HVT and HVT.A), today reported operating results for the second quarter ended June 30, 2024. Second quarter 2024 versus second quarter 2023: • Diluted earnings per common share ("EPS") of $0.27 versus $0.70. • Consolidated sales decreased 13.4% to $178.6 million. Comparable-store sales decreased 13.6%. • Gross profit margin was 60.4% compared to 60.5%. Clarence H. Smith, Chairman and CEO ...

Havertys (HVT) continues to face headwinds as the housing market remains slow. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline by the double digits in 2024.Havertys is a full-service home furnishings retailer with 124 showrooms in 17 Southern and Midwest states. It has been in business since 1885.Another Earnings Miss in the First QuarterOn May 1, 2024, Havertys reported its first quarter 2024 results and missed on the Zacks Consensus Estimate. It reported $0.14 versus the consensus of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number: 1-14445 HAVERTY FURNITURE COMPANIES, INC. (Exact name of registrant as specified in its charter) Maryland 58-0281900 (State ...

Richard Hare - Executive Vice President and Chief Financial Officer Clarence Smith - Chairman and Chief Executive Officer Steve Burdette - President Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Haverty's First Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note, this conference is being recorded. Haverty Furniture Companies, Inc. (NYSE:HVT) Q1 20 ...

Haverty Furniture (HVT) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -57.58%. A quarter ago, it was expected that this residential furniture and accessories retailer would post earnings of $0.95 per share when it actually produced earnings of $0.89, delivering a surprise of -6.32%. ...

EXHIBIT 99.1 Havertys Announces Increase In Quarterly Dividend and First Quarter 2024 Results Atlanta, Georgia, May 1, 2024 – HAVERTYS (NYSE: HVT and HVT.A), today announced an increase to its quarterly dividend (the 12th consecutive annual increase) and reported operating results for the first quarter ended March 31, 2024. Dividend The board of directors declared a 6.7% increase in the quarterly dividend, from $0.30 per share to $0.32 per share on the company's common stock. The quarterly dividend for the ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Haverty Furniture (HVT) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...

Key PointsIf the Fed cuts interest rates in 2024, as forecasted, the impact could trigger a bump in furniture sales, and two furniture companies are poised to benefit.Hagerty Furniture's sales have returned to pre-COVID levels, and its CEO believes the bottom for the housing market and furniture sales is in.La-Z-Boy remains optimistic about housing demand recovering with interest rate cuts, which would drive a rebound in furniture sales.5 stocks we like better than Haverty Furniture CompaniesThe housing mar ...

Key PointsSymbotic builds fully automated warehouse robots integrating artificial intelligence (AI), automation and Internet-of-Things (IoT) technology to bolster productivity and efficiency for customers like Walmart, Target and Albertsons.Intuitive Machines provides lunar access, data and mobility solutions with lunar lander commercial payload services to NASA.Wayfair saw Q4 2023 revenues inch up 0.4%, which outperforms brick-and-mortar furniture retailer competitors Haverty and La-Z-Boy, who suffered a 2 ...

Table of Contents | Maryland | | --- | Maryland 58-0281900 (State of Incorporation) (IRS Employer Identification Number) 780 Johnson Ferry Road, Suite 800, Atlanta, Georgia 30342 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...