Haverty Furniture(HVT) - 2024 Q3 - Quarterly Results
EXHIBIT 99.1 Havertys Reports Operating Results for Third Quarter 2024 Atlanta, Georgia, October 30, 2024 – HAVERTYS (NYSE: HVT and HVT.A), today reported operating results for the third quarter ended September 30, 2024. Third quarter 2024 versus third quarter 2023: • Diluted earnings per common share ("EPS") of $0.29 versus $1.02. • Consolidated sales decreased 20.2% to $175.9 million. Comparable-store sales decreased 20.5%. • Gross profit margin was 60.2% compared to 60.8%. Clarence H. Smith, Chairman and ...