Havertys Q4 EPS hits USD 0.51 as sales rise 9.5% to USD 201.9 million

Reuters02-24 20:15
Havertys Q4 EPS hits USD 0.51 as sales rise 9.5% to USD 201.9 million

Havertys reported Q4 FY2025 diluted EPS of USD 0.51, with consolidated sales of USD 201.9 million (+9.5%) and comparable store sales up 8.2%. Q4 gross profit margin was 60.4%, while gross profit margin excluding LIFO was 62.4%; the company said the change in LIFO reserve had a negative impact of USD 3.9 million in the quarter. Q4 pre-tax income was USD 10.8 million and net income was USD 8.5 million. For FY2025, Havertys reported diluted EPS of USD 1.19, consolidated sales of USD 759.0 million (+5.0%) and comparable store sales up 2.1%, with gross profit margin of 60.7% (61.3% excluding LIFO). FY2025 pre-tax income was USD 26.8 million and net income was USD 19.7 million; EBITDA was USD 45.5 million. Operating cash flow was USD 52.6 million and free cash flow was USD 32.9 million, with cash, cash equivalents and restricted cash equivalents of USD 131.9 million at year-end and no debt outstanding. Business updates included plans to enter its 18th state with a store in Pittsburgh, Pennsylvania, and a total of five planned store openings in 2026. The board approved an additional USD 15.0 million stock repurchase authorization, and the company reported FY2025 shareholder returns of USD 25.6 million, including USD 4.8 million in share repurchases (216,482 shares) and USD 20.8 million in dividends. Havertys also provided FY2026 outlook items including expected gross profit margin of 60.5% to 61.0% and planned capital expenditures of about USD 33.5 million, and said its guidance includes the impact of new tariffs announced following a February 20, 2026 Supreme Court decision invalidating 2025 tariffs under the International Emergency Economic Protection Act.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Haverty Furniture Companies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202602240715ACCESSWRNAPR_____1140231) on February 24, 2026, and is solely responsible for the information contained therein.

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