Havertys

Today, with over 100 stores in 17 states, we have become one of the top retailers in the furniture industry. From modern and traditional, to rustic and eclectic, our wide range of styles, accessories and collections guarantee that we have something for everyone. We greatly value quality merchandise and continually seek to provide our customers with the highest caliber of product by ensuring that each piece of Havertys furniture is made exclusively for our brand. Our qualified associates and in-home designers offer expert tips and tools to make each customer’s home a fashionable representation of their own unique personality and vision. Whether you’re shopping online or in-store, we aim to provide a positive buying experience. Shopping with Havertys has everything to do with your commitment to excellence in style and we are dedicated to making sure every Havertys customer is a happy customer.
Company Growth (employees)
Type
Public
HQ
Atlanta, US
Founded
1885
Size (employees)
3,656 (est)+2%
Havertys was founded in 1885 and is headquartered in Atlanta, US

Havertys Office Locations

Havertys has an office in Atlanta
Atlanta, US (HQ)
800 780 Johnson Ferry Rd Ne

Havertys Data and Metrics

Havertys Financial Metrics

Havertys's revenue was reported to be $821.6 m in FY, 2016 which is a 2% increase from the previous period.
USD

Revenue (FY, 2016)

821.6 m

Revenue growth (FY, 2015 - FY, 2016), %

2%

Gross profit (FY, 2016)

443.3 m

Gross profit margin (FY, 2016), %

54%

Net income (FY, 2016)

28.4 m

EBIT (FY, 2016)

48.1 m

Market capitalization (21-Jul-2017)

242 m

Cash (31-Dec-2016)

63.5 m
Havertys's current market capitalization is $242 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

746.1 m768.4 m804.9 m821.6 m

Revenue growth, %

3%5%2%

Cost of goods sold

356 m374.1 m378.2 m

Gross profit

412.4 m430.8 m443.3 m

Gross profit Margin, %

54%54%54%

General and administrative expense

399.2 m

Operating expense total

386.4 m383.5 m395.5 m

EBIT

26.3 m47.6 m48.1 m

EBIT margin, %

3%6%6%

Interest expense

1.1 m2.3 m2.2 m

Pre tax profit

25.3 m45.3 m45.8 m

Income tax expense

16.7 m17.5 m17.5 m

Net Income

32.3 m8.6 m27.8 m28.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

83.2 m65.5 m70.7 m63.5 m

Accounts Receivable

8.2 m7.1 m5.9 m4.2 m

Inventories

91.5 m107.1 m108.9 m102 m

Current Assets

200.7 m209.5 m218.7 m194.1 m

Total Assets

417.9 m461 m471.3 m454.5 m

Accounts Payable

21.8 m24.2 m27.8 m25.7 m

Current Liabilities

78.1 m95.9 m94 m96 m

Total Liabilities

172.6 m

Additional Paid-in Capital

77.4 m79.7 m83.2 m86.3 m

Retained Earnings

281.2 m260 m279.8 m277.7 m

Total Equity

298.3 m292.1 m301.7 m281.9 m

Financial Leverage

1.4 x1.6 x1.6 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

32.3 m8.6 m27.8 m28.4 m

Depreciation and Amortization

21.5 m22.6 m25.8 m29 m

Accounts Receivable

1.4 m870 k960 k1.5 m

Inventories

5.4 m(16 m)(2.3 m)6.9 m

Cash From Operating Activities

55.9 m55.5 m52.2 m60.1 m

Capital Expenditures

(20.2 m)(30.9 m)(27.1 m)(29.8 m)

Cash From Investing Activities

(20.1 m)(41.4 m)(28.4 m)(13.2 m)

Dividends Paid

(5.4 m)(29.8 m)(8.1 m)(30.4 m)

Cash From Financing Activities

(6.1 m)(31.8 m)(18.7 m)(54 m)

Free Cash Flow

76.1 m86.3 m79.4 m30.2 m
USDY, 2016

Revenue/Employee

228.5 k

Financial Leverage

1.6 x

Havertys Market Value History

Havertys Online and Social Media Presence

Havertys Company Life and Culture

You may also be interested in