Havertys Reports Sales Results for the First Quarter Ended March 31, 2015
Apr 7 15
Havertys reported sales results for the first quarter ended March 31, 2015. The company reported sales for the first quarter 2015 increased 5.3% to $191.3 million, versus $181.7 million for the first quarter of 2014. On a comparable store basis, sales rose 3.8%. Total written sales for the first quarter of 2015 increased 6.3% and written comparable store sales were up 4.8% over the same quarter last year.
Haverty Furniture Companies Inc. Plans to Open Three New Locations for the Year 2015; to Close One Store at the End of its Lease Term in 2015
Feb 23 15
Haverty Furniture Companies Inc. announced that the company plans to open three new locations each in a new market, one store in an existing market and the expansion and remodeling of three locations.
The company also plans to close one store at the end of its lease term.
Haverty Furniture Companies Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Financial Guidance for the Year 2015
Feb 23 15
Haverty Furniture Companies Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $212,999 ,000 compared to $196,164,000 a year ago. Loss before income taxes were $4,978,000 compared to profit of $15,783,000 a year ago. Net loss was $10,192 ,000 or $0.45 diluted per share compared to net income of $9,681,000 or $0.42 diluted per share a year ago.
For the full year, the company reported net sales of $768,409,000 compared to $746,090,000 a year ago. Income before income taxes were $25,257,000 compared to $52,487,000 a year ago. Net income was $8,589,000 or $0.37 diluted per share compared to $32,265,000 or $1.41 diluted per share a year ago. Net cash provided by operating activities was $55,454,000 compared to $55,889,000 a year ago. Capital expenditures were $30,882,000 compared to $20,202,000 a year ago.
For the year 2015, the company expects effective tax rate to be in the 38.5% to 38.8% range and capital expenditures of $31.0 million.
Haverty Furniture Companies Inc. Declares Cash Dividend for First Quarter of 2015, Payable on March 16, 2015
Feb 17 15
Haverty Furniture Companies Inc. announced that its board of directors declared a quarterly dividend of $0.08 per share on the common stock and $0.075 per share on the class A common stock. The dividend is payable on March 16, 2015 to stockholders of record at the close of business on March 2, 2015. Havertys has paid a cash dividend in each year since 1935.
Haverty Furniture Companies Inc. to Report Q4, 2014 Results on Feb 23, 2015
Feb 17 15
Haverty Furniture Companies Inc. announced that they will report Q4, 2014 results After-Market on Feb 23, 2015