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Haverty Furniture (HVT)
:HVT
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Haverty
(NYSE:HVT)
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Rating:72Outperform
Price Target:
$24.00
▲(18.87% Upside)
Haverty's overall stock score is driven by strong financial performance and attractive valuation, supported by positive earnings call highlights. However, the decline in revenue growth and market challenges pose risks. The technical analysis provides mixed signals, adding some uncertainty to the stock's short-term outlook.
Haverty (HVT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$372.32M
Dividend Yield5.72%
Average Volume (3M)110.65K
Price to Earnings (P/E)19.6
Beta (1Y)0.89
Revenue Growth-1.05%
EPS Growth-24.24%
CountryUS
Employees2,334
SectorConsumer Cyclical
Sector Strength84
IndustryHome Improvement
Share Statistics
EPS (TTM)0.32
Shares Outstanding15,046,851
10 Day Avg. Volume139,769
30 Day Avg. Volume110,648
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)1.18
Price to Sales (P/S)0.50
P/FCF Ratio13.56
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit0.97
Enterprise Value/Ebitda9.74
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.13
Revenue Forecast (FY)$741.55M
Haverty Business Overview & Revenue Model
Company DescriptionHaverty Furniture Companies, Inc. (HVT) is a leading retailer of home furnishings and accessories in the United States, primarily operating in the Southeast and Central regions. Founded in 1885, the company offers a wide range of products including furniture for living rooms, bedrooms, dining areas, and home offices, as well as mattresses and home décor items. Haverty's business model is centered around providing quality products with a focus on customer service, operating through a network of showrooms and an online platform.
How the Company Makes MoneyHaverty generates revenue primarily through the sale of furniture and home goods in its retail showrooms and online store. The company employs a direct-to-consumer model, allowing customers to purchase products through various channels. Key revenue streams include in-store sales, online sales, and financing options for customers, which often include installment payment plans. The company also benefits from strong partnerships with furniture manufacturers and suppliers, enabling it to offer a diverse product selection. Seasonal promotions, clearance events, and financing offers contribute to increased sales volume, while their focus on customer service and delivery options enhances customer satisfaction and repeat business.
Haverty Earnings Call Summary
Earnings Call Date:Oct 29, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Feb 24, 2026
Earnings Call Sentiment Neutral
The earnings call revealed strong sales growth and effective marketing strategies, but these positives are tempered by increased costs, tariff impacts, and market challenges.Q3-2025 Updates
Positive Updates
Sales Growth and Positive Comps
Q3 2025 sales were $194.5 million, up 10.6% year-over-year, with comparable store sales up 7.1%.
Strong Gross Margins
Gross margins increased slightly to 60.3% from 60.2% in Q3 2024, despite LIFO expenses.
Successful Labor Day Event
The Labor Day event was the year's largest, with a written sales increase of 13.6% over the previous year.
E-Commerce and Marketing Success
E-commerce sales grew by 13.6%, and the first direct mail campaign in years attracted new customers effectively.
Expansion Plans
Opened a new store in Houston, bringing the store count to 129, with plans for further expansion in 2026.
Negative Updates
Decreased Operating Margin
Operating margin decreased to 3.3% from 3.9% in Q3 2024, with pretax profits slightly down.
Impact of Tariffs
New tariffs on imported goods, especially from Mexico and Vietnam, are expected to increase costs and LIFO expenses.
Increased SG&A Expenses
SG&A expenses increased by 11.3%, driven by higher advertising and administrative costs.
Economic and Market Challenges
High interest rates, rising home prices, and geopolitical tensions continue to challenge the market.
Company Guidance
During Haverty's Third Quarter 2025 Earnings Conference Call, the company reported significant growth in sales and provided detailed guidance for the remainder of the year. Sales for the quarter reached $194.5 million, marking a 10.6% year-over-year increase, with comparable store sales up 7.1%. The gross margin slightly improved to 60.3%, and the company reported a pre-tax profit of $6.4 million with an operating margin of 3.3%. Despite challenges such as high interest rates and tariffs, Haverty's maintained strong performance, driven by strategic price adjustments and robust sales events. The average ticket increased by 6.1% to $3,668, and the design business remained strong, contributing 34.2% of sales. The company also announced plans to open new stores and invest in marketing and distribution infrastructure. For 2025, Haverty's expects gross margins between 60.4% and 60.7% and SG&A expenses to be in the range of $296 million to $298 million. The company remains optimistic about future growth, with plans to expand store count and enhance customer experience.Haverty Financial Statement Overview
Summary
Haverty's financial performance shows stable profit margins and strong cash flow generation, indicating operational efficiency. However, the significant decline in revenue growth is a major concern, potentially impacting future profitability.Income Statement
Haverty's income statement shows a significant decline in revenue growth, with a TTM revenue drop of 74.42%. However, the company maintains stable gross and net profit margins, indicating operational efficiency. The EBIT and EBITDA margins are consistent, but the sharp revenue decline is a concern.65
Positive
Balance Sheet
The balance sheet reflects a moderate debt-to-equity ratio of 0.71, suggesting manageable leverage. Return on equity has decreased over time, indicating reduced profitability from equity. The equity ratio remains stable, showing a balanced asset structure.70
Positive
Cash Flow
Cash flow analysis reveals a strong free cash flow growth rate of 45.42% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is healthy, but the free cash flow to net income ratio suggests room for improvement in cash conversion.75
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 741.43M | 722.90M | 862.13M | 1.05B | 1.01B | 748.25M |
| Gross Profit | 452.61M | 439.08M | 523.09M | 604.23M | 574.63M | 418.99M |
| EBITDA | 45.15M | 41.47M | 85.88M | 134.85M | 134.66M | 59.91M |
| Net Income | 8.21M | 19.96M | 56.32M | 89.36M | 90.80M | 59.15M |
Balance Sheet | ||||||
| Total Assets | 651.71M | 648.75M | 654.13M | 649.05M | 686.29M | 680.37M |
| Cash, Cash Equivalents and Short-Term Investments | 136.98M | 120.03M | 120.64M | 123.13M | 166.15M | 200.06M |
| Total Debt | 211.84M | 218.38M | 217.75M | 221.29M | 230.35M | 233.67M |
| Total Liabilities | 345.68M | 341.19M | 345.77M | 359.65M | 430.32M | 427.40M |
| Stockholders Equity | 306.03M | 307.56M | 308.37M | 289.40M | 255.97M | 252.97M |
Cash Flow | ||||||
| Free Cash Flow | 39.12M | 26.82M | 44.09M | 22.60M | 63.15M | 119.26M |
| Operating Cash Flow | 62.20M | 58.91M | 97.20M | 51.02M | 97.24M | 130.19M |
| Investing Cash Flow | -23.01M | -31.63M | -53.06M | -28.32M | -34.00M | 65.36M |
| Financing Cash Flow | -29.58M | -28.74M | -46.29M | -65.62M | -97.15M | -71.18M |
Haverty Technical Analysis
Positive
20.19
Price Trends
21.82
Positive
21.72
Positive
20.74
Positive
Market Momentum
0.42
Negative
57.08
Neutral
62.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HVT, the sentiment is Positive. The current price of 20.19 is below the 20-day moving average (MA) of 21.63, below the 50-day MA of 21.82, and below the 200-day MA of 20.74, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 57.08 is Neutral, neither overbought nor oversold. The STOCH value of 62.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HVT.
Haverty Risk Analysis
Haverty disclosed 20 risk factors in its most recent earnings report. Haverty reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Haverty Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $372.32M | 19.59 | 6.32% | 5.72% | -1.05% | -24.24% | |
67 Neutral | $463.70M | 7.46 | 9.69% | 3.34% | -6.42% | -19.27% | |
66 Neutral | $125.51M | 16.18 | 4.70% | 5.43% | -2.74% | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
50 Neutral | $112.64M | ― | -24.97% | ― | -6.13% | -215.18% | |
49 Neutral | $106.75M | ― | -6.33% | 8.93% | -6.46% | -1110.82% | |
39 Underperform | $27.75M | ― | ― | ― | -8.36% | -2950.63% |
* Consumer Cyclical Sector Average
HVT
Haverty
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2.87%
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Haverty Corporate Events
Haverty Furniture Reports Strong Sales Growth in Q3 2025
Oct 31, 2025
Haverty Furniture Companies, Inc., established in 1885, operates as a full-service home furnishings retailer with 129 showrooms across 17 states in the Southern and Midwestern United States, offering a wide selection of quality merchandise in the middle to upper-middle price ranges.
Haverty Furniture Reports Modest Sales Growth in Q2 2025
Aug 1, 2025
Haverty Furniture Companies, Inc., a well-established home furnishings retailer with a history dating back to 1885, operates 129 showrooms across the Southern and Midwestern United States, offering a wide range of quality furniture in the middle to upper-middle price range.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.