Havertys earnings fall 84.5%

November 2007
Furniture/Today;11/12/2007, Vol. 32 Issue 10, p1
Trade Publication
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.


Related Articles

  • Havertys 1Q sales up 9.1 %. Thomas, Larry // Furniture/Today;5/9/2005, Vol. 29 Issue 34, p1 

    The article reports that sales of top 100 retailer Haverty Furniture Cos. Inc. rose 9.1% for the first quarter. The net income plunged more than 47% because of costs stemming from the opening of a Florida distribution center. The retailer, said the new distribution center will make the company...

  • Havertys Aug. sales rise 4.2%.  // Furniture/Today;9/12/2005, Vol. 30 Issue 2, p39 

    Reports on the increase in the sales posted by Havertys Furniture in August 2005 in the U.S.

  • Havertys November sales inch up 1 %.  // Furniture/Today;12/11/2006, Vol. 31 Issue 14, p54 

    The article reports on the increase in Havertys Furniture company's November sales by 1% in Atlanta, Georgia. Havertys reported sales increase to $785.2 million for the first 11 months, with same-store sales up by 3%. However, the November sales bounced back after an unusually weak October...

  • Havertys 3Q profits drop 9.9%. Engel, Clint // Furniture/Today;11/7/2005, Vol. 30 Issue 9, p1 

    Reports on the financial performance of Haverty Furniture Cos. Inc. in the U.S. for the third quarter of 2005. Factors influencing the decrease in the company's profit; Net income for the period; Earnings per share.

  • Havertys' income jumps 8.4% in third quarter. Engel, Clint // Furniture/Today;11/6/2006, Vol. 31 Issue 9, p40 

    The article reports on the 8.4% increase in the profits of Atlanta-based furniture retailer Haverty Furniture Cos. Inc. in the third quarter of 2006 in the U.S. The company's strong sales and margins helped in increasing its profits in the quarter. It has posted $4.1 million in net income and...

  • Havertys posts loss of $1.5 million in 3Q. Engel, Clint // Furniture/Today;11/10/2008, Vol. 33 Issue 10, p31 

    The article reports on the financial performance of Haverty Furniture in the U.S. during the third quarter of 2008. The company yielded a net loss of $1.5 million because of a continuing decline in consumer spending on big-ticket items. It posted a profit of $643,000. It also added that it has...

  • Havertys 2Q sales up 9.7%.  // Furniture/Today;8/7/2006, Vol. 30 Issue 47, p1 

    The article reports on the financial performance of furniture retailer Havertys in the second quarter of 2006. Increase in sales were posted in May and June 2006, indicating the strength of the private-label goods of the company. Profitg margins improved according to company President and Chief...

  • Havertys sales rise, profits fall. Thomas, Larry // Furniture/Today;3/7/2005, Vol. 29 Issue 26, p1 

    Reports on the financial performance of Haverty Furniture Cos. Inc. for 2004 in Atlanta, Georgia. Total sales for the fourth-quarter; Net income; Increase in earnings per share for the year ended December 31, 2004.

  • Havertys 1st-quarter profits surge 25.6%. Engel, Clint // Furniture/Today;5/3/2004, Vol. 28 Issue 34, p79 

    Reports on the financial performance of U.S.-based furniture retailer Havertys for the first-quarter ended March 31, 2004. Success of its private-label furniture; Increase in net income, earnings per share and same-store sales; Comment of its CEO Clarence Smith regarding company's strong...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics