Havertys (HVT) Q2 Revenue Rises 1.3%
Haverty Furniture Companies (NYSE:HVT), a regional furniture retailer with a deep footprint in the Southern and Midwest United States, reported its second-quarter 2025 results on July 30, 2025. The most notable news was a year-over-year return to GAAP revenue growth, reaching $181.0 million compared to $172.8 million in Q2 2024, surpassing consensus GAAP expectations of $176.9 million. Earnings per share (GAAP) were $0.16, modestly above the $0.14 GAAP estimate. However, profits remain below year-ago levels on a GAAP basis, and underlying comparable store sales are still negative. Overall, Gross profit margin improved to 60.8% from 60.4%, but persistent headwinds in the form of weaker profit conversion and cost pressures.
Source: Analyst estimates for the quarter provided by FactSet.
Haverty Furniture Companies runs a network of 129 furniture stores in 17 states. Its brand is synonymous with quality, value, and tailored customer service, and it mainly targets middle to upper-middle income families. It aims to distinguish itself with durable furniture, custom upholstery offerings, and a seamless experience in both in-store and online channels.
Source Fool.com
