Haverty Furniture Companies, Inc. · NYSE:HVT
Haverty Furniture Companies — Q1 2026 Earnings Presentation
17 slides from Haverty Furniture Companies's earnings presentation, Aug 4, 2026
Slide 1: Investor Presentation First Quarter 2026
HAVERTY FURNITURE COMPANIES, INC. INVESTOR PRESENTATION FIRST QUARTER 2026
Slide 2: Forward-Looking Statements
www.ir.havertys.com F O RWA R D - L O O K I N G S TAT E M E N T S This presentation may contain forward-looking statements. These statements are based upon current expectations and assumptions, subject to risks and uncertainties. Havertys’ actual results and financial condition may differ, possibly
Slide 3: A 140-Year Legacy of Excellence; Our Mission, Vision & Values
A 140-YEAR LEGACY OUR MISSION, OF EXCELLENCE V I S I O N & VA L U E S Havertys Furniture is a specialty retailer We are driven to delight our customers of residential furniture and accessories by offering personalized design, quality founded in 1885 in Atlanta, Georgia. We home furnishings, and an o
Slide 4: Our Strategic Advantages
OUR STRATEGIC ADVANTAGES Attractive target customer Our middle to upper middle income range customers remain resilient despite disruptions in the market and economic uncertainty. Store base is the right size in the right locations Over 125 stores in desirable southern and midwestern regions of the U
Slide 5: Customer Base
CUSTOMER BASE • Style-conscious & trend aware • Married with children • Pays attention to value • Suburban homeowner • Household income > $150k • Strong credit scores • Seeks information online & offline • Uses social media for trends, opinions & ideas 5 | HAVERTYS FURNITURE
Slide 6: Stores: Right Size, Right Location with Excellent Fulfillment Capabilities
STORES: RIGHT SIZE, RIGHT LOCATION WITH EXCELLENT FULFILLMENT CAPABILITIES 100% of deliveries are made with Havertys team members. In-stock merchandise reaches customers within 2-5 days. 129 17 Stores States in the South & Midwest 35,000 4.5MM Average Approx. Total Store Size Store SQFT 3 4 Regional
Slide 7: Exclusive Merchandise Across Price Points & Style
EXCLUSIVE MERCHANDISE ACROSS PRICE POINTS & STYLE We offer an assortment of merchandise with varying price points that appeal to a broad target customer base. $$$$ FURNITURE PRICE POINTS $$$ $$ $ 7 | HAVERTYS FURNITURE
Slide 8: Continued Strength in Design
CONTINUED STRENGTH IN DESIGN Our FREE design service, including in-home design, is available for customers seeking a more in-depth, personalized purchasing experience. Our design consultant engagement remains strong and is a positive catalyst for continued growth. 1Q26 average ticket 1Q26 designer %
Slide 9: Driving Demand with Data and Technology
DRIVING DEMAND WITH DATA AND TECHNOLOGY In collaboration with our agency partners, we leverage our data to develop advertising and marketing strategies customized to the markets we serve. Customization Messaging is tailored to the unique style and business needs of each market. Contextual A.I. Artif
Slide 10: Q1 2026 Financial Results
Q1 2026 FINANCIAL RESULTS Net sales for Q1 2026 increased $7.5 million, or 4.1%, compared to 2025 results. Gross profit margin, excluding the impact of LIFO, increased 60 basis points to 61.8% due to product selection, merchandise pricing, and mix. Our results reflect the effectiveness of our custom
Slide 11: Revenues by Category for Q1 2026
REVENUES BY CATEGORY FOR Q1 2026 Upholstery remains our leading category, at approximately 46% of net sales. 11 | HAVERTY’S FURNITURE
Slide 12: Tariff Mitigation Strategy
TARIFF MITIGATION STRATEGY We continue to monitor the tariff developments and assess their potential impact on our business. Our merchandise team has been working closely with our suppliers to address the changes in U.S. tariff policy. Our tariff mitigation includes, but is not limited to: • leverag
Slide 13: Strong Balance Sheet
STRONG BALANCE SHEET Our strong cash position provides flexibility to take advantage of opportunities, advance our strategic goals, and return capital to shareholders. Cash & Cash Equivalents as of March 31, Inventories as of March 31, 13 | HAVERTYS FURNITURE
Slide 14: Capital Allocation Philosophy
CAPITAL ALLOCATION Cash returns to shareholders PHILOSOPHY ($ in millions) HVT uses a disciplined and balanced approach for its capital allocation, prioritizing regular dividends and opportunistic share repurchases. From $42 time to time, special dividends may be declared to return cash to sharehold
Slide 15: 2026 Expectations
2026 EXPECTATIONS Our 2026 guidance includes the impact of tariffs in effect as of May 5, 2026. We continue to monitor tariff developments to manage our exposure and minimize the impact on our business. With our strong balance sheet, we continue to invest in all parts of our operations, including ou
Slide 16: Investment Thesis
COMPELLING INVESTMENT THESIS • > 5% dividend yield with 91-year track record of payout stability • 3rd consecutive quarter of positive same-store sales • Consolidated sales increased 4.1% to $189.1 million for 1Q26 • Strong balance sheet and cash position • Cash and restricted cash balance as of Mar
Slide 17: Appendix – GAAP to Non-GAAP Reconciliation
APPENDIX – GAAP TO NON-GAAP RECONCILIATION We report our financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information under GAAP with certain non-GAAP financial information. The non-GAAP informat
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