Havertys Furniture Reports Strong Q3 Results with 4.1% Comp Sales Growth
Haverty Furniture Companies (HVT) reported a strong third quarter, characterized by increases in both written and delivered comparable sales despite facing more difficult year-over-year comparisons. Net sales for the period reached $203.2 million, driven by a 4.1% increase in comparable sales. Looking ahead to fiscal year 2026, management provided optimistic guidance, projecting gross margins between 61.3% and 61.5%. The company also plans to expand its physical footprint with five new store openings scheduled for the fourth quarter.
Tickers: $HVT
Topics: comp sales earnings report net sales retail furniture