Bear of the Day: HAVERTYS (HVT)

HAVERTYS (HVT) is still struggling as the housing market remains in a recession. Will earnings finally turn around in 2025 for this Zacks Rank #5 (Strong Sell)?HAVERTYS is a home furnishings retailer with 127 showrooms in 17 states, specifically in the Southern and Midwestern regions. Founded in 1885, it specializes in merchandise in the middle to upper-middle price ranges.HAVERTYS Transitions to a New CEOOn Nov 12, 2024, HAVERTYS announced that long-time CEO and chairman of the board, Clarence H. Smith, wi ...