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Recap: Haverty Furniture Cos Q1 Earnings


Benzinga | Apr 27, 2021 04:56PM EDT

Recap: Haverty Furniture Cos Q1 Earnings

Shares of Haverty Furniture Cos (NYSE:HVT) increase in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 1055.56% over the past year to $1.04, which beat the estimate of $0.41.

Revenue of $236,491,000 higher by 31.80% year over year, which beat the estimate of $200,570,000.

Looking Ahead

Haverty Furniture Cos hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $41.12

52-week low: $11.88

Price action over last quarter: Up 17.88%

Company Profile

Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.






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