HVT Stock Recent News

Haverty Furniture Companies, Inc. (HVT) is the featured stock in September's Safest Dividend Yields Model Portfolio.

The company's revenue decreased by 18.5% YoY, while operating margin reached 7.2%. A decrease in traffic due to pressure on consumers from macro factors has a negative impact on comparable sales. I expect pressure on financial performance to continue in the coming quarters, so my recommendation is hold.

Haverty Furniture Companies, Inc. (NYSE:HVT ) Q2 2023 Results Conference Call August 2, 2023 10:00 AM ET Company Participants Richard Hare - CFO Clarence Smith - Chairman and CEO Steve Burdette - President Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Michael Legg - The Benchmark Company Cristina Fernández - Telsey Advisory Group Operator Greetings, and welcome to Haverty's Second Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Haverty Furniture (HVT) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.27 per share a year ago.

Haverty Furniture benefitted from the stay-at-home trend during the pandemic that boosted revenue for home improvement products like home furnishings. Haverty Furniture has produced impressive EPS growth over the past five years and recently increased its quarterly dividend. Despite increases in share prices, Haverty Furniture shares may still be undervalued.

On the landscape of dividend capture strategies, where investors seek to seize fleeting profits from dividend payments, one intriguing candidate has emerged from the depths of the stock market.

Haverty Furniture Companies, Inc. (NYSE:HVT ) Q1 2023 Earnings Conference Call May 3, 2023 10:00 AM ET Company Participants Richard Hare – Chief Financial Officer Clarence Smith – Chairman and Chief Executive Officer Steve Burdette – President Conference Call Participants Anthony Lebiedzinski – Sidoti & Company Cristina Fernández – Telsey Advisory Group Operator Greetings and welcome to the Haverty First Quarter 2023 Earnings Call. [Operator Instructions] As a reminder this conference is being recorded.

ATLANTA, GA / ACCESSWIRE / April 25, 2023 / HAVERTYS (NYSE:HVT and HVT.A) will release its first quarter 2023 financial results on Tuesday, May 2, after the market closes. The company will host a conference call with investors and analysts on Wednesday, May 3, at 10:00 a.m.

Haverty Furniture Companies, Inc. (NYSE:HVT ) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Clarence Smith - Chairman of the Board and Chief Executive Officer Richard Hare - Executive Vice President and Chief Financial Officer Steve Burdette - President Conference Call Participants Anthony Lebiedzinski - Sidoti Cristina Fernandez - Chelsea Advisory Group Operator Hello. And welcome to today's conference call.

Haverty Furniture (HVT) delivered earnings and revenue surprises of -2.11% and 2.92%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?