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olivLaw · US equity research

Haverty Furniture Companies, Inc. HVT

Retail-Furniture Stores · SIC 5712 · Vertical: Home furniture and electronics stores (SIC 57xx)

29.34USD−0.31% · 1 dayClose 04 Nov 2026

Havertys is a specialty retailer of residential furniture and accessories, headquartered in Atlanta, with stores across the Southern and Midwest U.S. Net sales in fiscal 2025 were 758,995 thousand USD, and sales growth continued into the second quarter of 2026 despite tariff pressures and a weak housing market.

At the close of 04 Nov 2026, Haverty Furniture Companies, Inc. (HVT) stock was 29.34 USD (−0.31% on the day), with market capitalisation 0 USD, beta 0.87, 52-week range 20.25–30.37 USD. Latest reported quarter (Q2 2026): revenue of 194.9 m USD (+7.7% YoY), net income of 5.3 m USD (+97.3% YoY).

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
0 USD
shares as of 31 Mar 2012
P/E (TTM)
0.0
market cap ÷ net income
E/P (TTM)
unavailable
Dividend yield
unavailable
Beta (2y)
0.87
Volatility (1y) 31%
52-week range
20.2530.37

Price history

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Technical reading

RSI (14)
56.0
strong (55–70)
Bollinger (20, 2)
26.93 – 30.38
in the upper half of the band · %B 0.70 · band width 12.1%
SMA 50 / 200
28.02 / 25.11
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.48 / 0.42
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+5.2%−2.0%+7.2 pp—
3 months+1.7%−2.2%+3.8 pp—
6 months+35.1%+4.3%+30.8 pp—
Year to date+25.6%+10.6%+15.0 pp—
1 year+30.6%+10.5%+20.1 pp+11.6%
3 years−0.0%+73.7%−73.7 pp+7.6%
5 years−9.2%+61.7%−70.9 pp—
Max drawdown (1y)
−25.9%
06 Feb 2026 → 05 May 2026
Max drawdown (5y)
−54.6%
24 Feb 2023 → 16 Apr 2025
Compound annual growth (5y)
−1.9%
S&P 500 +10.1%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
194.9 m USD
+7.7% YoY
Net income
5.3 m USD
+97.3% YoY
Diluted EPS
unavailable
unavailable YoY
net / operating
2.7% / unavailable

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue175.9 m184.4 m181.6 m181.0 m194.5 m201.9 m189.1 m194.9 m
Cost of revenue70.0 m70.2 m70.5 m70.9 m77.2 m79.9 m72.8 m75.2 m
Gross profit105.9 m114.2 m111.1 m110.1 m117.3 m122.0 m116.2 m119.7 m
SG&A100.9 m105.8 m107.2 m107.3 m112.3 m112.5 m111.3 m113.2 m
Depreciation & amortisation5.6 m5.9 m5.9 m5.9 m6.0 m6.0 m6.3 m6.1 m
Pre-tax income6.9 m9.6 m5.3 m4.3 m6.4 m10.8 m6.0 m7.4 m
Income tax1.9 m1.4 m1.5 m1.6 m1.7 m2.3 m1.7 m2.1 m
Net income4.9 m8.2 m3.8 m2.7 m4.7 m8.5 m4.3 m5.3 m
Operating cash flow24.4 m ≈16.9 m6.2 m7.2 m ≈31.9 m ≈7.4 m-2.9 m24.3 m ≈
Capex8.3 m ≈7.8 m6.1 m5.6 m ≈3.6 m ≈4.4 m7.0 m6.2 m ≈
Dividends paid5.2 m ≈5.2 m5.2 m5.2 m ≈5.2 m ≈5.3 m5.3 m5.3 m ≈
Share repurchases0 ≈5.0 m2.0 m0 ≈0 ≈2.8 m2.0 m14.6 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

EPS unavailable in the issuer's structured filings (e.g. a partnership reports per unit, not per share).

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue817.7 m802.3 m748.3 m1.0 bn1.0 bn862.1 m722.9 m759.0 m
Revenue YoY−0.3%−1.9%−6.7%+35.4%+3.4%−17.7%−16.1%+5.0%
Net income30.3 m21.9 m59.1 m90.8 m89.4 m56.3 m20.0 m19.7 m
Net income YoY+43.8%−27.9%+170.5%+53.5%−1.6%−37.0%−64.6%−1.1%
Diluted EPSunavailableunavailableunavailableunavailableunavailableunavailableunavailableunavailable
Diluted EPS YoYunavailableunavailableunavailableunavailableunavailableunavailableunavailableunavailable
net %3.7%2.7%7.9%9.0%8.5%6.5%2.8%2.6%
Free cash flow48.9 m46.6 m119.3 m63.2 m22.6 m44.1 m26.8 m33.0 m

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
125.3 m USD
Financial debt
unavailable USD
Net debt
unavailable USD
Equity
307.9 m USD
Total assets
649.1 m USD
Debt / equity
unavailable
Current ratio
1.87x
ROE
6.4%
ROA
3.0%
FCF margin
4.3%

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2023
862.1 m
2024
722.9 m
2025
759.0 m

SEC (XBRL)· 26 Feb 2026verified

Cost of revenue
2023
339.0 m
2024
283.8 m
2025
298.5 m

SEC (XBRL)· 26 Feb 2026verified

Gross profit
2023
523.1 m
2024
439.1 m
2025
460.5 m

SEC (XBRL)· 26 Feb 2026verified

SG&A
2023
455.8 m
2024
419.2 m
2025
439.3 m

SEC (XBRL)· 26 Feb 2026verified

Depreciation & amortisation
2023
18.6 m
2024
21.6 m
2025
23.8 m

SEC (XBRL)· 26 Feb 2026verified

Interest expense
2023
162.0 k
2024
163.0 k
2025
162.0 k

SEC (XBRL)· 26 Feb 2026verified

Pre-tax income
2023
72.7 m
2024
26.2 m
2025
26.8 m

SEC (XBRL)· 26 Feb 2026verified

Income tax
2023
16.4 m
2024
6.2 m
2025
7.1 m

SEC (XBRL)· 26 Feb 2026verified

Net income
2023
56.3 m
2024
20.0 m
2025
19.7 m

SEC (XBRL)· 26 Feb 2026verified

Balance sheet · USD

Cash
2023
120.6 m
2024
120.0 m
2025
125.3 m

SEC (XBRL)· 26 Feb 2026verified

Inventories
2023
94.0 m
2024
83.4 m
2025
96.2 m

SEC (XBRL)· 26 Feb 2026verified

Current assets
2023
251.6 m
2024
238.9 m
2025
249.3 m

SEC (XBRL)· 26 Feb 2026verified

Property, plant & equipment, net
2023
171.6 m
2024
182.6 m
2025
177.2 m

SEC (XBRL)· 26 Feb 2026verified

Total assets
2023
654.1 m
2024
648.7 m
2025
649.1 m

SEC (XBRL)· 26 Feb 2026verified

Accounts payable
2023
18.8 m
2024
14.9 m
2025
15.4 m

SEC (XBRL)· 26 Feb 2026verified

Current liabilities
2023
138.3 m
2024
131.6 m
2025
133.4 m

SEC (XBRL)· 26 Feb 2026verified

Total liabilities
2023
345.8 m
2024
341.2 m
2025
341.1 m

SEC (XBRL)· 26 Feb 2026verified

Equity
2023
308.4 m †
2024
307.6 m †
2025
307.9 m †

SEC (XBRL)· 26 Feb 2026verified

Cash flow · USD

Operating cash flow
2023
97.2 m
2024
58.9 m
2025
52.6 m

SEC (XBRL)· 26 Feb 2026verified

Capex
2023
53.1 m
2024
32.1 m
2025
19.7 m

SEC (XBRL)· 26 Feb 2026verified

Free cash flow
2023
44.1 m ≈
2024
26.8 m ≈
2025
33.0 m ≈

SEC (XBRL)· 26 Feb 2026derived

Investing cash flow
2023
-53.1 m
2024
-31.6 m
2025
-19.6 m

SEC (XBRL)· 26 Feb 2026verified

Financing cash flow
2023
-46.3 m
2024
-28.7 m
2025
-27.5 m

SEC (XBRL)· 26 Feb 2026verified

Dividends paid
2023
35.2 m
2024
20.5 m
2025
20.8 m

SEC (XBRL)· 26 Feb 2026verified

Share repurchases
2023
6.9 m
2024
5.0 m
2025
4.8 m

SEC (XBRL)· 26 Feb 2026verified

Computed indicators

Growth

Revenue growth (YoY)
5.0%
computed by olivLawFY 2025
Revenue CAGR 3Y
-10.2%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
0.3%
computed by olivLawFY 2020 → FY 2025
EBIT growth (YoY)
unavailable
input data missing
Net income growth (YoY)
-1.1%
computed by olivLawFY 2025
Net income CAGR 3Y
-39.6%
computed by olivLawFY 2022 → FY 2025
Net income CAGR 5Y
-19.7%
computed by olivLawFY 2020 → FY 2025
EPS growth (YoY)
unavailable
input data missing
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
23.0%
computed by olivLawFY 2025

Profitability

Gross margin
60.9%
computed by olivLawTTM to 30 Jun 2026
EBITDA margin
unavailable
input data missing
EBIT margin
unavailable
input data missing
Net margin
2.9%
computed by olivLawTTM to 30 Jun 2026
FCF margin
5.1%
computed by olivLawTTM to 30 Jun 2026

Returns

ROE
7.6%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROA
3.5%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROIC
unavailable
input data missing
ROCE
unavailable
input data missing
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
53.4%
computed by olivLawTTM to 30 Jun 2026

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
1.7x
computed by olivLawbalance sheet at 30 Jun 2026
Quick ratio
1.0x
computed by olivLawbalance sheet at 30 Jun 2026
Cash ratio
0.7x
computed by olivLawbalance sheet at 30 Jun 2026

Cash

Operating cash flow
60.6 m USD
computed by olivLawTTM to 30 Jun 2026
Capital expenditure
21.1 m USD
computed by olivLawTTM to 30 Jun 2026
Free cash flow
39.5 m USD
computed by olivLawTTM to 30 Jun 2026
FCF conversion
173.1%
computed by olivLawTTM to 30 Jun 2026
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
116 days
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Days payables outstanding
22 days
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
0 USD
computed by olivLawbalance sheet at 30 Jun 2026
Enterprise value
unavailable
input data missing
Market cap / net income TTM
0.0x
computed by olivLawTTM to 30 Jun 2026
P/E (TTM)
0.0x
computed by olivLawTTM to 30 Jun 2026
Earnings yield
unavailable
insufficient data
P/B
0.0x
computed by olivLawbalance sheet at 30 Jun 2026
P/S
0.0x
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
0.0x
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
FCF yield
unavailable
insufficient data
Dividend yield
unavailable
input data missing
Shareholder yield (distributions)
unavailable
insufficient data

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 39.6% of at least 60%
  • valuation methods computed: 0 of at least 1

A scoring methodology on indicators and valuation, not investment advice.

Closing price

29.34 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 0 USD

Key indicators

Market capitalisation
0 USD
computed by olivLawbalance sheet at 30 Jun 2026
P/E (TTM)
0.0x
computed by olivLawTTM to 30 Jun 2026
P/B
0.0x
computed by olivLawbalance sheet at 30 Jun 2026
EV/EBITDA
unavailable
input data missing
ROE
7.6%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Net margin
2.9%
computed by olivLawTTM to 30 Jun 2026
Revenue growth (YoY)
5.0%
computed by olivLawFY 2025
Dividend yield
unavailable
input data missing

Coverage and freshness

25/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 31 Mar 2012
Source: SEC (XBRL)published 04 Aug 2026
verified 1966derived 171

Score by group

40% · Insufficient data

Estimated value range

unavailable — no valuation method could be computed

Valuation assumptions are editorial choices, not measured; beta is not measured.

Valuation methods

  • DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: P/Eunavailable · the base of the ratio is not positive
  • Dividend discount (DDM)unavailable · input data missing

no valuation method could be computed

Multiple comparisons use the SIC vertical: Home furniture and electronics stores (SIC 57xx)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Insufficient data

Minimum-evidence gate: score weight coverage: 39.6% of at least 60%; valuation methods computed: 0 of at least 1

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Quality2.9%33 (vs peers)16%
FCF conversion · Quality173.1%100 (on a fixed band)16%
Revenue CAGR 3Y · Growth-10.2%0 (on a fixed band)21%
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet1.7x74 (on a fixed band)11%
P/E (TTM) · Valuation0.0x100 (vs peers)26%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returnsunavailableunavailable—
Payout ratio (FCF) · Returns53.4%95 (on a fixed band)11%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial74/100 · 1/3 factors with a value
  • Growth· partial0/100 · 1/2 factors with a value
  • Quality67/100 · 2/3 factors with a value
  • Returns· partial95/100 · 1/2 factors with a value
  • Valuation· partial100/100 · 1/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

HAVERTY FURNITURE COMPANIES, INC (HVT). Latest full fiscal year: 2025; data up to 2026-06-30.

Figures computed from the financial statements: revenue 759.0 m USD in 2025; YoY growth 5.0%; net margin 2.9%; ROE 7.6%.

Valuation cannot be computed from the available data.

Insufficient data for a verdict (score weight coverage: 39.6% of at least 60%; valuation methods computed: 0 of at least 1).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • FCF conversion: 173.1%
  • Current ratio: 1.7x
  • P/E (TTM): 0.0x
  • Payout ratio (FCF): 53.4%

What contradicts it

  • Revenue CAGR 3Y: -10.2%

Not assessed (insufficient data or a ratio without meaning): ROIC, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA, FCF yield, Shareholder yield (distributions).

Versus the vertical median

Home furniture and electronics stores (SIC 57xx) · same major group (2-digit SIC) · compared with 9 companies

Multiples and returns vs the median

P/E
0.0x
vertical median 16.1x
below median (−100.0%)
EV/EBITDA
—
vertical median —
P/S
0.0x
vertical median 0.8x
below median (−100.0%)
P/B
0.0x
vertical median 3.5x
below median (−100.0%)
ROE
7.6%
vertical median 17.3%
below median (−55.9%)
Net margin
2.9%
vertical median 3.2%
below median (−9.5%)
EBIT margin
—
vertical median 5.1%
Revenue YoY
5.0%
vertical median 2.4%
above median (+106.1%)
Net debt/EBITDA
—
vertical median —
Dividend yield
—
vertical median 2.8%

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
WSMWilliams-Sonoma, Inc.29.9 bn26.055.0%14.7%+1.2%+41% / +171%
BBYBest Buy Co., Inc.19.7 bn15.643.1%3.0%+0.4%+18% / +32%
GMEGameStop Corp.12.7 bn16.615.8%25.2%−5.1%+12% / +73%
RHRh2.7 bn25.8280.7%3.2%+8.1%−8% / −46%
ARHSArhaus, Inc.1.8 bn26.517.3%4.9%+8.5%+27% / +41%
LOVEThe Lovesac Company248.2 m14.28.8%2.6%+2.4%+20% / −17%
HTLMHomesToLife Ltd98.7 m6.185.9%4.4%+12.8%−62% / unavailable
AMCIAmc Robotics Corporation35.8 m—-392.8%-506.4%−41.4%−82% / −85%
IZMIczoom Group Inc.8.0 m7.37.8%0.6%+5.1%−26% / −94%
HVTHaverty Furniture Companies, Inc——7.6%2.9%+5.0%+31% / −0%

1- and 3-year price returns: for HVT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
input data missing
Total return unavailable · Per year unavailable
input data missing
Total return unavailable · Per year unavailable
input data missing
Total return unavailable · Per year unavailable
3 years
input data missing
Total return unavailable · Per year unavailable
input data missing
Total return unavailable · Per year unavailable
input data missing
Total return unavailable · Per year unavailable
5 years
input data missing
Total return unavailable · Per year unavailable
input data missing
Total return unavailable · Per year unavailable
input data missing
Total return unavailable · Per year unavailable
What moves the 3-year price the most

    AI analysis

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    In brief

    Havertys is a specialty retailer of residential furniture and accessories, headquartered in Atlanta, with stores across the Southern and Midwest U.S. Net sales in fiscal 2025 were 758,995 thousand USD 1, and sales growth continued into the second quarter of 2026 despite tariff pressures and a weak housing market 3.

    SWOT

    Strengths

    • The brand has good recognition in the regions it serves and the assortment is oriented to quality and style.
    • The company has no funded debt and an enlarged credit line, which gives it flexibility.
    • Its own delivery team and design service are hard to replicate for competitors who outsource them.

    Weaknesses

    • Operating margins are modest and fixed costs are high relative to sales.
    • Online sales are limited, which leaves the company more exposed to digital shopping shifts.
    • Dependence on imports from Asia makes costs sensitive to tariff policy.

    Opportunities

    • Expansion into new markets and new store openings could add sales in the coming years.
    • Growth in design services and higher average tickets could improve profitability.
    • Tariff refunds and gradual cost reductions in sourcing could support margins.

    Threats

    • New or higher tariffs could raise purchase costs and force price increases.
    • A weak housing market or high interest rates could reduce furniture demand.
    • Larger competitors with more resources could pressure prices and market share.

    Risks

    • Tariff policyhigh

      Frequent changes in tariffs can affect the cost of imported products and margins, and refunds are not assured for all purchases.

    • Consumer demandhigh

      Lower disposable income or weak consumer confidence could reduce demand for furniture, which is discretionary spending.

    • Competitionmedium

      Competitors with greater resources may apply aggressive pricing, which could reduce volumes and margins.

    • Supplier dependencemedium

      Delays or quality problems at foreign producers can affect deliveries and customer satisfaction.

    • Fixed costs and leaseslow

      Store leases are long-term and weak locations cannot be easily cancelled, which may affect profitability.

    Investment thesis

    What would need to be true (bull case)

    • Comparable store sales growth in the second quarter and rising written sales suggest demand has improved.
    • The debt-free balance sheet and enlarged credit line provide flexibility for new store openings.
    • Design services and own delivery could support a middle to upper-middle income customer base and higher average tickets.

    What would break the thesis

    • Net margins remain low, and profit depends partly on tariff refunds that are not certain over the long term.
    • The housing market and high interest rates could limit furniture demand more than expected.
    • Rising marketing and commission costs could offset gains from higher sales.

    What to watch

    • Trend in comparable store sales and written salesQ3 2026
    • Gross margin against the 60.5% to 61.0% guidance2026
    • Impact of Section 301 tariffs and IEEPA refundsnext 10-Q
    • Opening of five new stores and one relocation, reaching 133 stores2026

    Products, market & competition

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    The business

    Havertys is a specialty retailer of residential furniture and accessories, founded in 1885 in Atlanta, Georgia, selling only through its own stores and online without franchising 1. Its core customers are typically women in middle to upper-middle income households, and sales rely on commissioned sales teams and a free design service 1. The company delivers and assembles furniture with its own team, which it sees as a significant competitive advantage 12.

    The operating model includes three distribution centers and four home delivery centers, and in-stock items are typically delivered within 3 to 5 days 1. Online sales were a small share of the total, and the website is treated as an extension of the stores rather than a separate segment 1.

    The supply chain depends heavily on imports from Asia, and the company reduced direct imports in response to a changing tariff environment 1. The company has no funded debt, and its revolving credit facility was increased in June 2026 3.

    Segments

    Store sales

    Stores generate most of the sales, and the store count was 129 at the end of fiscal 2025 1. The company's goal is to open an average of net five new stores per year, concentrated within its existing distribution footprint 1.

    Online and design services

    Online sales were approximately 3.2% of the total in fiscal 2025, but the website supports a purchase journey that often starts online and finishes in store 1. The free design service contributed a significant part of written sales 13.

    Market context

    The U.S. residential furniture market is fragmented and competitive, and demand depends on economic strength, home sales and mortgage rates 1. In fiscal 2025 the sector was affected by high consumer debt and limited housing inventory, while tariffs raised sourcing costs 12.

    The company operates in 17 states across the South and Midwest, and the planned Pittsburgh opening would extend its footprint to 18 states 3. Its middle to upper-middle income customer base sets it apart from promotional, low-price furniture stores 1.

    Trends

    • Shifting tariff policymixed

      Tariffs imposed in 2025 were partly invalidated by the Supreme Court, and new tariffs introduced in 2026 could change import costs if rates stay high 2. The company has received refunds tied to the invalidated tariffs, which supported its margin in the second quarter 3.

    • Growth in comparable store salestailwind

      Comparable store sales rose 8.0% in the second quarter of 2026, and written sales grew faster than delivered sales 3. If the trend continues, it could support revenue in the second half of the year 3.

    • Housing market and interest ratesheadwind

      Expensive mortgages and limited housing supply have restrained furniture demand in recent years, and management lists these as ongoing pressures 1.

    • Cost pressure and pricesmixed

      Higher oil and raw material prices, together with higher prices, could affect margins and consumer demand 2.

    Competitive position

    Competition comes from many independent retailers, national and regional chains, manufacturer-owned stores, online-only retailers and mass merchants with limited furniture ranges 1. The company believes its curated assortment, design service and own delivery are its main advantages 1.

    Larger competitors may have greater financial resources, more advanced multichannel platforms and loyalty programs, which could reduce the company's market share if prices fall 1.

    • La-Z-Boy IncorporatedLZB

      Upholstered furniture maker and retailer, cited in general sector competition.

    • Lovesac CompanyLOVE

      Modular furniture retailer selling mainly online, a type of competitor the company names.

    • Online furniture retailers

      Companies selling only online, named as e-commerce pressure.

    • National and department store chains

      Mass merchants and national chains that also offer furniture without a specialized store presence.

    News & filings

    In the press

    No news in our archive over the last 180 days.

    SEC filings

    Sources

    1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Haverty Furniture Companies, Inc. · 26 Feb 2026
    2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Haverty Furniture Companies, Inc. · 04 Aug 2026
    3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Haverty Furniture Companies, Inc. · 04 Aug 2026

    Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.