Haverty Furniture Company : Havertys Reports Sales for Fourth Quarter

    Haverty Furniture Company : Havertys Reports Sales for Fourth Quarter

HVT and HVT.A) today reported sales for the period ended December 31,2012.

Havertys' sales for the fourth quarter 2012 increased 8.4% to $182.3  million, 
versus $168.3 million for the fourth  quarter of 2011. On a comparable  store 
basis, sales for  the quarter increased  6.0%. Comparable store  sales do  not 
include locations opened, closed or  otherwise non-comparable during the  last 
12 months. Sales for the twelve months of 2012 totaled $670.1 million  versus 
$620.9 million in  2011, representing an  increase of 7.9%.  On a  comparable 
store basis, sales increased 6.8% for the twelve months.

Total written sales for the fourth quarter 2012 increased 12.7% over the  same 
quarter last year.

               Sales in Millions  Total   Comparable
                  (unaudited)     Sales   Store Sales
                 2012     2011   % Change  % Change
FourthQuarter $182.3  $168.3   8.4%      6.0%
TwelveMonths  $670.1  $620.9   7.9%      6.8%

Clarence H. Smith, president and  chief executive officer, said, "We  finished 
2012 with  another solid  quarter and  marked the  third consecutive  year  of 
positive comparable store  sales increases.  Total written  business for  the 
quarter was  up 12.7%  with a  higher average  ticket compared  to the  fourth 
quarter of  2011.  Preliminary  indications are  that  fourth  quarter  gross 
margins should  be similar  to the  third quarter  rate, consistent  with  the 
forward looking comments in our  most recent earnings release. Total  written 
business for the most recent five days of the New Year's holiday sale is  flat 
compared to the same year ago period."

"Our new stores in the Atlanta and Dallas markets held their grand openings as
scheduled in November. The improvement in housing will have a positive impact
on our business and  together with our investments  in enhancing the  customer 
experience  and  developing  a  wider  assortment  of  "better"  price   point 
merchandise we look forward to the new year."

Havertys, established in  1885, is  a full-service  home furnishings  retailer 
with 121  showrooms  in 17  states  in  the Southern  and  Midwestern  regions 
providing its customers with a wide selection of quality merchandise in middle
to upper-middle  price ranges.  Additional information  is available  on  the 
Company's website at www.havertys.com.

News releases include forward-looking statements,  which are subject to  risks 
and  uncertainties.  Factors  that  might  cause  actual  results  to  differ 
materially from future  results expressed or  implied by such  forward-looking 
statements include, but are not  limited to, general economic conditions,  the 
consumer spending  environment  for large  ticket  items, competition  in  the 
retail furniture industry and other  uncertainties detailed from time to  time 
in the Company's reports filed with the SEC.

Haverty Furniture Companies, Inc., 404-443-2900
Dennis L. Fink
Jenny Hill Parker
 SVP, Finance, Secretary and Treasurer

Source: Haverty Furniture Companies, Inc.


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Source: Haverty Furniture Company via Thomson Reuters ONE
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