Haverty Furniture Companies (NYSE:HVT) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Posted by George Bondi on Aug 4th, 2026

Haverty Furniture Companies (NYSE:HVT – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02, Zacks reports. Haverty Furniture Companies had a net margin of 2.64% and a return on equity of 6.60%.

Here are the key takeaways from Haverty Furniture Companies’ conference call:

Strong Q2 performance: Net sales increased 7.7% to $194.9 million, comparable sales rose 8%, and earnings per share doubled to $0.32 from $0.16. Written comparable sales were up 12.3%, marking the fourth consecutive quarter of positive written and delivered comps.
Higher-value purchases drove growth. Average ticket increased 14% to more than $3,800, while Design average ticket rose 15.7% to over $8,800; custom special-order sales increased 23.6%. Management sees further upside as Design penetration expands beyond the current high-teens percentage of customers.
Havertys reduced inventory to $100.5 million from $106.9 million at the end of Q1 while maintaining sales momentum, and expects inventory near $95 million at the end of Q3. The company also plans six second-half store openings, ending 2026 with approximately 133 stores, and repurchased about 723,000 shares year to date.
Cost pressures remain a risk to margins. Container rates are expected to rise roughly 25%-30% beginning in mid-August, while elevated diesel prices could increase transportation, delivery, and product input costs. Management maintained its 2026 gross-margin outlook of 60.5%-61%, excluding additional tariff refunds, but indirect tariff refunds remain uncertain and are not expected to materially exceed $1 million-$1.5 million.

Haverty Furniture Companies Stock Up 13.1%

Shares of Haverty Furniture Companies stock traded up $3.38 on Tuesday, hitting $29.20. 110,965 shares of the company were exchanged, compared to its average volume of 100,476. The company has a 50-day moving average price of $24.54 and a 200 day moving average price of $23.77. The stock has a market capitalization of $469.91 million, a price-to-earnings ratio of 24.35, a price-to-earnings-growth ratio of 1.27 and a beta of 1.18. Haverty Furniture Companies has a 1-year low of $19.89 and a 1-year high of $29.34.

Haverty Furniture Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Monday, June 1st were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, June 1st. Haverty Furniture Companies’s dividend payout ratio (DPR) is 110.00%.

Institutional Trading of Haverty Furniture Companies

Several large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its holdings in Haverty Furniture Companies by 68.7% in the 1st quarter. Jane Street Group LLC now owns 172,099 shares of the company’s stock valued at $3,394,000 after buying an additional 70,060 shares during the period. Man Group plc purchased a new stake in shares of Haverty Furniture Companies in the 3rd quarter valued at approximately $1,425,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Haverty Furniture Companies by 21.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 371,843 shares of the company’s stock worth $8,686,000 after acquiring an additional 64,614 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of Haverty Furniture Companies during the 2nd quarter worth approximately $1,259,000. Finally, Inspire Investing LLC acquired a new stake in Haverty Furniture Companies in the 4th quarter valued at approximately $1,186,000. 80.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of Haverty Furniture Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings cut Haverty Furniture Companies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. Finally, Wall Street Zen downgraded Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Report on Haverty Furniture Companies

About Haverty Furniture Companies

(Get Free Report)

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.