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Haverty Furniture(HVT) - 2019 Q3 - Quarterly Report
2019-11-01 19:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Commission file number: 1-14445 HAVERTY FURNITURE COMPANIES, INC. (Exact name of registrant as specified in its charter) Maryland 58-0281900 (State of incorporation) (I.R.S. Employer Identification No.) 780 Johnson Ferry Road, Suite 800 Atlanta, Georgia 30342 (Address of principal executive office) (Zip Code) (404) 443-2900 (Registrant's telephone number, including area code) Securities registered pursuant to Sectio ...
Haverty Furniture(HVT) - 2019 Q2 - Earnings Call Transcript
2019-08-03 11:36
Haverty Furniture Companies, Inc. (NYSE:HVT) Q2 2019 Results Earnings Conference Call July 31, 2019 10:00 AM ET Company Participants Richard Hare - Vice President and Chief Financial Officer Clarence Smith - Chairman and Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Brad Thomas - KeyBanc Capital Markets Bobby Griffin - Raymond James Operator Good day, and welcome to Havertys' Second Quarter 2019 Financial Results Conference Call. Today's conference is being rec ...
Haverty Furniture(HVT) - 2019 Q2 - Quarterly Report
2019-08-02 16:58
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 June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission file number: 1-14445 HAVERTY FURNITURE COMPANIES, INC. | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | - ...
Haverty Furniture(HVT) - 2019 Q1 - Quarterly Report
2019-05-06 18:45
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, 2019 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. Maryland 58-0281900 780 Johnson Ferry Road, Suite 800 Atlanta, Georgia 30342 (Address of ...
Haverty Furniture(HVT) - 2019 Q1 - Earnings Call Transcript
2019-05-04 10:20
Haverty Furniture Companies, Inc. (NYSE:HVT) Q1 2019 Results Earnings Conference Call May 1, 2019 10:00 AM ET Company Participants Richard Hare - EVP and Chief Financial Officer Clarence Smith - President and Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Bobby Griffin - Raymond James Brad Thomas - KeyBanc Capital Markets Operator Good day, and welcome to Havertys' First Quarter 2019 Financial Results Conference Call. Today's conference is being recorded. At thi ...
Haverty Furniture(HVT) - 2018 Q4 - Annual Report
2019-03-04 21:43
Economic Factors - A significant portion of the company's sales is driven by discretionary spending, which is influenced by economic factors such as interest rates, consumer confidence, and retail trends[47]. - The company has exposure to floating interest rates through its Credit Agreement, but does not anticipate significant adverse impacts from a 100-basis point change in interest rates[141]. Supply Chain and Sourcing - Approximately 70% of the company's total furniture purchases in 2018 were for goods not produced domestically, with 35% sourced from China[53]. - The company imports a substantial portion of its merchandise, exposing it to risks related to tariffs and trade policies, particularly concerning goods manufactured in China[52]. - The company relies on third-party producers for product supply, which may lead to operational difficulties if these producers fail to meet quality or production standards[56][57]. Competition and Market Dynamics - The company faces competition from a diverse group of retailers, including national department stores and independent specialty stores, which may impact market share and revenues[49][50]. - The company must anticipate changes in consumer preferences to maintain sales, as failure to do so could lead to declines in revenue[51]. Cost Management - The company is vulnerable to fluctuations in raw material costs, which could adversely affect profits and may necessitate price increases[54][55]. - Transportation costs are critical to profitability, as the company relies on a limited number of distribution centers to deliver products across 21 states[63][64]. Cybersecurity - Cybersecurity threats are a growing concern, and the company invests in security technology to protect against data breaches and cyber-attacks[68][69].
Haverty Furniture(HVT) - 2018 Q4 - Earnings Call Transcript
2019-02-20 19:24
Haverty Furniture Companies Inc. (NYSE:HVT) Q4 2018 Results Conference Call February 20, 2019 10:00 AM ET Company Participants Richard Hare - EVP and Chief Financial Officer Clarence Smith - President and Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Brad Thomas - KeyBanc Capital Markets Operator Good day, and welcome to Havertys' Fourth Quarter and Year End 2018 Financial Results Conference Call. Today's conference is being recorded. At this time, I would like ...