Havertys Furniture Reports Operating Results for First Quarter 2026

About this update from Haverty Furniture Companies, Inc.

[{"type":"text","content":"ATLANTA, GA / ACCESS Newswire / May 5, 2026 / Haverty Furniture Companies, Inc. (NYSE:HVT and HVT.A), today reported operating results for the first quarter ended March 31, 2026.","length":178,"tagName":"p"},{"type":"text","content":"First Quarter 2026 versus First Quarter 2025:","length":45,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Diluted earnings per common share ("EPS") of $0.26 versus $0.23.","length":74,"tagName":"p"}]},{"val":[{"type":"text","content":"Consolidated sales increased 4.1% to $189.1 million.","length":52,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable store sales increased 4.3%.","length":38,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit margin was 61.5% compared to 61.2%.","length":48,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":212,"olType":false},{"type":"text","content":"Steven G. Burdette, President and CEO said, "We are pleased with our first quarter results, delivering written business, delivered sales, and comp-store sales growth for a third consecutive quarter. Performance was led by strong Presidents' Day demand, gross profit margin expansion, and higher average tickets.","length":320,"tagName":"p"},{"type":"text","content":"Our design program continues to be a key growth driver and differentiator for Havertys. Designer average tickets remain more than double our overall average ticket, and the program accounted for 35.3% of written business during the quarter, up over 200 basis points from 2025. We are excited about the program's trajectory and see significant opportunity ahead as we continue to provide a high-quality experience for our customers.","length":435,"tagName":"p"},{"type":"text","content":"We also continued to execute on our store growth strategy, signing new store leases in the Dallas, TX, Atlanta, GA, and Fredericksburg, VA markets. With a strong balance, no funded debt, and sustained momentum across key operating metrics, we remain well positioned to continue growing our store base and execute on our long-term objectives."","length":347,"tagName":"p"},{"type":"text","content":"First Quarter ended March 31, 2026 Compared to Same Period of 2025","length":66,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total sales up 4.1%, comp-store sales up 4.3% for th...

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