Overview
Home furnishings retailer's Q4 sales rose 9.5% yr/yr
Company's Q4 EPS increased to $0.51 from $0.49
Board approved additional $15 mln for stock repurchase program
Outlook
Company expects gross profit margins for 2026 to be between 60.5% and 61.0%
Haverty anticipates SG&A expenses for 2026 to be $307.0 to $309.0 mln
Company plans capital expenditures of approximately $33.5 mln in 2026
Result Drivers
SALES GROWTH - Co attributed 9.5% increase in Q4 sales to strategic marketing investments and customer-first approach
DESIGN CONSULTANTS - Design consultants accounted for 33.3% of written business in 2025, up from 31.8% in 2024
STORE EXPANSION - Co plans to enter 18th state and open five new locations in 2026
Company press release: ID:nACSPrNxra
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $201.9 mln | $197.47 mln (2 Analysts) |
Q4 EPS | $0.51 | ||
Q4 Net Income | $8.5 mln | ||
Q4 Gross Margin | 60.4% | ||
Q4 Gross Profit | $122 mln | ||
Q4 Pretax Profit | $10.80 mln |
Analyst Coverage
Wall Street's median 12-month price target for Haverty Furniture Companies Inc is $30.00, about 18.6% above its February 23 closing price of $25.30
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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