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January 3, 2013
19:06 EDTHVTHaverty Furniture reports Q4 comparable store sales up 6%
Havertys' Q4 sales increased 8.4% to $182.3M, versus $168.3M for 4Q11. On a comparable store basis, sales for the quarter increased 6.0%. Comparable store sales do not include locations opened, closed or otherwise non-comparable during the last 12 months. Sales for the twelve months of 2012 totaled $670.1M versus $620.9M in 2011, representing an increase of 7.9%. On a comparable store basis, sales increased 6.8% for the twelve months. Total written sales for 4Q12 increased 12.7% over the same quarter last year.
News For HVT From The Last 14 Days
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October 30, 2014
10:02 EDTHVTOn The Fly: Analyst Downgrade Summary
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09:17 EDTHVTHaverty Furniture downgraded at Raymond James
As previously reported, Raymond James downgraded Haverty to Market Perform from Outperform. The firm downgraded shares following the Q3 report due to increasing competition from Nebraska Furniture Mart, a Berkshire Hathaway company, with plans on opening a store in Spring of 2015 in Dallas.
05:59 EDTHVTHaverty Furniture downgraded to Market Perform from Outperform at Raymond James
October 29, 2014
17:10 EDTHVTHaverty Furniture lowers Q4 profit margin guidance to 53.6% from 53.8%
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17:07 EDTHVTHaverty Furniture reports Q3 EPS 34c, consensus 37c
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