TITLE

Havertys earnings fall 84.5%

PUB. DATE
November 2007
SOURCE
Furniture/Today;11/12/2007, Vol. 32 Issue 10, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article announces the decrease in the earnings of furniture company Havertys Furniture in the third quarter of 2007 in the U.S. During the quarter, the company earns $643,000, which reflects a decline of 84.5% profit in the comparable period in 2006. Some factors that caused the decrease include the declining sales in the quarter and the slowdown of same-store sales by 11.6%. Meanwhile, its sales in October reached $62.4 million, down 1.6% from the comparable month in 2006.
ACCESSION #
28001039

 

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