Haverty Furniture(HVT) - 2024 Q2 - Quarterly Results
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 ...