Havertys posts loss of $1.5 million in 3Q

Engel, Clint
November 2008
Furniture/Today;11/10/2008, Vol. 33 Issue 10, p31
Trade Publication
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 paid off debt, tightened up its inventory, outsourced new financing and reduced other capital expenditures to address the financial crisis.


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