Havertys

OverviewSuggest Edit

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.
TypePublic
Founded1885
HQAtlanta, GA, USMap
Websitehavertys.com
Employee Ratings3.6More
Overall CultureD-More
View Jobs (241)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)3,425
Job Openings241
Revenue (FY, 2020)$748.3 M(-6%)
Share Price (Nov 2021)$34.1(-4%)
Cybersecurity ratingAMore
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Key People/Management at Havertys

Allison Dukes

Allison Dukes

Independent Director Since 2016
Rawson Haverty

Rawson Haverty

Management Director Since 1992
G. Thomas Hough

G. Thomas Hough

Independent Director Since 2018
Vicki R. Palmer

Vicki R. Palmer

Independent Director Since 2001
Fred L. Schuermann

Fred L. Schuermann

Independent Director Since 2001
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Havertys Office Locations

Havertys has an office in Atlanta
Atlanta, GA, US (HQ)
780 Johnson Ferry Rd NE #800
Show all (1)

Havertys Financials and Metrics

Havertys Revenue

Havertys's revenue was reported to be $748.25 m in FY, 2020
USD

Revenue (Q1, 2021)

236.5m

Gross profit (Q1, 2021)

135.0m

Gross profit margin (Q1, 2021), %

57.1%

Net income (Q1, 2021)

19.4m

EBIT (Q1, 2021)

25.3m

Market capitalization (12-Nov-2021)

635.5m

Closing stock price (12-Nov-2021)

34.1

Cash (31-Mar-2021)

210.1m

EV

658.5m
Havertys's current market capitalization is $635.5 m.
Annual
USDFY, 2011FY, 2012FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

620.9m670.1m821.6m819.9m817.7m802.3m748.3m

Revenue growth, %

2%0%0%

Cost of goods sold

378.2m374.9m371.2m367.8m329.3m

Gross profit

443.3m444.9m446.5m434.5m419.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

143.1m155.4m163.6m151.5m172.7m186.1m171.1m194.5m194.8m211.7m200.4m196.8m207.6m199.4m198.8m210.5m187.2m191.9m209.3m179.4m110.0m217.5m236.5m

Cost of goods sold

90.1m90.6m98.0m90.8m89.7m95.6m90.5m91.0m95.2m84.2m88.3m97.3m79.9m50.3m95.3m101.5m

Gross profit

104.4m104.2m113.7m109.6m107.1m112.0m108.9m107.8m115.4m103.1m103.6m112.0m99.6m59.6m122.2m135.0m

Gross profit Margin, %

54%53%54%55%54%54%55%54%55%55%54%54%55%54%56%57%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

49.6m53.6m83.2m65.5m70.7m63.5m79.5m71.5m75.7m200.1m

Accounts Receivable

11.5m9.7m8.2m7.1m5.9m4.2m2.4m1.8m1.5m

Prepaid Expenses

11.2m9.5m6.5m6.4m6.1m11.3m8.1m7.7m9.6m

Inventories

93.7m96.9m91.5m107.1m108.9m102.0m103.4m105.8m104.8m89.9m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

62.0m66.5m56.7m55.7m75.0m53.9m52.3m72.1m84.5m87.8m78.7m74.1m66.7m73.3m53.7m48.5m75.6m61.5m65.9m86.9m72.1m74.6m96.3m73.0m56.1m89.5m84.6m151.1m211.8m210.1m

Accounts Receivable

11.6m11.1m10.7m9.7m9.6m9.1m8.3m8.1m7.4m6.7m6.6m6.4m6.1m6.1m4.9m4.6m4.5m3.4m2.9m2.7m2.1m1.9m1.8m1.7m1.6m1.6m1.4m1.1m1.5m

Prepaid Expenses

9.3m9.2m10.0m11.1m9.8m7.5m7.7m7.3m6.9m8.0m7.3m7.3m9.4m7.0m10.4m15.9m9.0m10.6m10.3m8.9m9.1m12.2m9.8m8.6m9.9m10.5m10.0m10.3m10.0m12.3m

Inventories

84.7m81.6m91.6m93.3m84.5m97.6m97.7m91.6m96.0m94.8m94.8m107.3m112.3m105.2m110.2m109.9m99.1m108.3m103.8m99.7m109.0m107.5m108.3m109.4m109.2m100.0m110.5m104.8m90.9m103.6m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

15.5m14.9m32.3m8.6m27.8m28.4m21.1m30.3m21.9m59.1m

Depreciation and Amortization

18.2m19.4m21.5m22.6m25.8m29.0m30.5m29.8m20.6m18.2m

Inventories

1.8m(3.5m)5.4m(15.7m)(2.3m)6.9m(2.1m)(2.4m)1.0m14.9m

Accounts Payable

959.0k11.0m(1.5m)6.6m2.5m(2.0m)(10.5m)1.5m8.6m17.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(1.6m)(1.5m)2.5m4.8m8.1m8.3m13.1m22.6m6.1m11.0m18.8m6.1m11.0m18.6m4.7m10.0m17.4m6.0m12.2m18.2m6.3m12.5m20.9m3.6m9.7m15.8m1.8m15.5m33.7m19.4m

Depreciation and Amortization

9.0m13.5m4.6m9.4m14.3m5.3m10.5m15.8m5.4m11.0m16.6m6.1m12.5m19.0m6.8m14.0m21.5m7.6m15.2m22.8m7.5m15.1m22.7m5.1m10.3m15.4m5.1m9.8m14.0m4.0m

Inventories

7.2m10.3m(1.8m)(101.0k)(8.9m)(665.0k)(836.0k)5.3m(4.5m)(3.3m)(3.3m)(209.0k)(5.2m)2.0m(1.3m)(1.0m)9.8m(6.2m)(1.8m)2.4m(5.6m)(4.0m)(4.9m)(3.5m)(3.4m)5.9m(5.7m)(23.0k)13.9m(13.7m)

Accounts Payable

(6.1m)(1.4m)(4.9m)1.2m7.2m(7.2m)(11.1m)(5.9m)(7.9m)(8.0m)2.8m(5.8m)(7.3m)(4.0m)(16.4m)(10.3m)(7.6m)(6.3m)(13.2m)(2.8m)(4.3m)1.5m10.0m(4.1m)(4.5m)9.0m(20.2m)2.1m13.4m(7.7m)
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USDQ2, 2011

Financial Leverage

1.4 x
Show all financial metrics

Havertys Operating Metrics

Havertys's Stores was reported to be 124 in FY, 2017.
FY, 2015FY, 2016FY, 2017

Distribution Centers

333

Locations

808283

Retail Space, sq. ft.

4.3 m4.4 m4.5 m

Stores

119121124
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Havertys Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

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Havertys Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Havertys Online and Social Media Presence

Havertys's Trends

Embed Graph

Havertys Company Culture

  • Overall Culture

    D-

    56/100

  • CEO Rating

    F

    49/100

  • Compensation

    D+

    58/100

  • Diversity

    F

    26/100

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Havertys News and Updates

November 05, 2021

Havertys Announces Special Cash Dividend, Quarterly Cash Dividend, and Additional Authorization Under Stock Repurchase Program

ATLANTA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today, that its board of directors authorized a special cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $2.00 per share on the common s…
September 20, 2021

Havertys Updates Third Quarter Sales Performance

ATLANTA, Sept. 20, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) today reported members of the company's senior management are scheduled to meet on September 22nd and 23rd with institutional investors and discuss the company’s operations. In anticipation of these meetings, Havertys also …
July 27, 2021

Havertys Reports Second Quarter 2021 Results

ATLANTA, July 27, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A), today reported its operating results for the second quarter ended June 30, 2021.
July 21, 2021

Havertys To Host Second Quarter 2021 Earnings Conference Call on July 28

ATLANTA, July 21, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) will release its second quarter 2021 financial results on Tuesday, July 27, 2021, after the market closes. The company will host a conference call with investors and analysts on Wednesday, July 28, 2021, at 10:00 a.m. ET to …
June 28, 2021

Havertys to Present at Shareholder Equity Conference

ATLANTA, June 28, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A), today announced management will participate in the inaugural Shareholder Equity Conference presented by Asbury Investor Relations and Stockperks. Havertys will present on Monday, July 12, 2021, at 3:10 p.m. ET.
February 23, 2021

Havertys Announces Key Leadership Promotions and Quarterly Dividend

ATLANTA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today, that its board of directors made important promotions in further developing and strengthening Havertys leadership team. Steven Burdette was elected president effective March 1, 2021. He will succeed Clarence…
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 Havertys Frequently Asked Questions

  • When was Havertys founded?

    Havertys was founded in 1885.

  • Who are Havertys key executives?

    Havertys's key executives are Allison Dukes, Rawson Haverty and G. Thomas Hough.

  • How many employees does Havertys have?

    Havertys has 3,425 employees.

  • What is Havertys revenue?

    Latest Havertys annual revenue is $748.3 m.

  • What is Havertys revenue per employee?

    Latest Havertys revenue per employee is $218.5 k.

  • Who are Havertys competitors?

    Competitors of Havertys include Wayfair, Fully and Wooden Street.

  • Where is Havertys headquarters?

    Havertys headquarters is located at 780 Johnson Ferry Rd NE #800, Atlanta.

  • Where are Havertys offices?

    Havertys has an office in Atlanta.

  • How many offices does Havertys have?

    Havertys has 1 office.