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, US
Websitehavertys.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2018)3,418(-3%)
Job Openings224
Revenue (FY, 2018)$817.7 M
Share Price (Dec 2019)$20.5 (+2%)

Key People/Management at Havertys

Clarence H. Smith

Clarence H. Smith

Chairman of the Board Since August 2012 Management Director Since 1989
Allison Dukes

Allison Dukes

Independent Director Since 2016
John T. Glover

John T. Glover

Independent Director Since 1996
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
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Havertys Office Locations

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

Havertys Financials and Metrics

Havertys Revenue

Havertys's revenue was reported to be $817.73 m in FY, 2018 which is a 0.3% decrease from the previous period.
USD

Revenue (Q3, 2019)

209.3m

Gross profit (Q3, 2019)

112.0m

Gross profit margin (Q3, 2019), %

53.5%

Net income (Q3, 2019)

6.1m

EBIT (Q3, 2019)

7.9m

Market capitalization (6-Dec-2019)

401.4m

Closing stock price (6-Dec-2019)

20.5

Cash (30-Sept-2019)

89.5m

EV

466.9m
Havertys's current market capitalization is $401.4 m.
Annual
USDFY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Revenue

620.9m670.1m821.6m819.9m817.7m

Revenue growth, %

2%0%0%

Cost of goods sold

378.2m374.9m371.2m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

54%53%54%55%54%54%55%54%55%55%54%54%
USDY, 2019

EV/EBIT

59.3 x

EV/CFO

8 x

Financial Leverage

2.2 x
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Havertys Operating Metrics

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

Distribution Centers

3 3 3

Locations

80 82 83

Retail Space, sq. ft.

4.30 m4.40 m4.50 m

Stores

119 121 124
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Havertys Online and Social Media Presence

Embed Graph

Havertys News and Updates

CORRECTION - Havertys Announces Fourth Quarter Cash Dividend and Promotion

ATLANTA, Nov. 08, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Havertys, please note that the end of the first paragraph of the release should read "$0.19 per share on the Class A common stock" rather than "$0.18 per share on the Class A common stock." The …

Havertys Announces Third Quarter Increased Cash Dividend and New Authorization Under Stock Repurchase Program

ATLANTA, Aug. 09, 2019 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today that, on August 9, 2019, its board of directors approved an increase in its quarterly dividend. The board raised the dividend on the company’s common stock 11% from $0.18 per share to $0.20 per share. The qua…

Havertys Announces Helen Bautista as New Vice President of Marketing

ATLANTA, Aug. 05, 2019 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) - has named Helen B. Bautista as its new vice president, marketing, effective August 5, 2019.

Havertys Reports Earnings for Second Quarter 2019

ATLANTA, July 30, 2019 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) reports earnings per share of $0.29 for the second quarter ended June 30, 2019 compared to $0.29 for the same period of 2018. The earnings per share for the six months ended June 30, 2019 is $0.47 compared to $0.58 for the s…

Havertys Announces Correction of Record Date for Q2 2019 Cash Dividend

ATLANTA, May 20, 2019 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today a correction to the record date for its regular quarterly cash dividend for the second quarter of 2019.  The correct record date is Tuesday, June 4, 2019 rather than Wednesday, June 4, 2019 as previously annou…

Havertys Announces Second Quarter Cash Dividend, New Authorization Under Stock Repurchase Program, and Promotions

ATLANTA, May 17, 2019 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today that, on May 17, 2019, its board of directors declared a 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 $0.18 per share on the co…
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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 Clarence H. Smith, Allison Dukes and John T. Glover.

  • How many employees does Havertys have?

    Havertys has 3,418 employees.

  • What is Havertys revenue?

    Latest Havertys annual revenue is $817.7 m.

  • What is Havertys revenue per employee?

    Latest Havertys revenue per employee is $239.2 k.

  • Who are Havertys competitors?

    Competitors of Havertys include Wayfair, Fully and One Kings Lane.

  • 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.