Havertys profit plunges 84%

Engel, Clint
May 2007
Furniture/Today;5/7/2007, Vol. 31 Issue 34, p1
Trade Publication
The article reports on the 2007 financial performance of Havertys in Atlanta, Georgia. The author stated that the company's first quarter earnings dropped close to 84% from a year ago as tough business climate spot into the bottom line. It posted net income of $831,000 of 4 cents a share, compared with a profit of $5.1 million or 23 cents a share in the first quarter of 2006, the author inferred.


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