Haverty Furniture Companies, Inc. · NYSE:HVT
Haverty Furniture Companies — Q1 2026 Earnings Presentation
18 slides from Haverty Furniture Companies's earnings presentation, May 5, 2026
Slide 1: Fourth Quarter 2025 Investor Presentation
FOURTH QUARTER 2025 INVESTOR PRESENTATION HAVERTY FURNITURE COMPANIES, INC.
Slide 2: Forward-Looking Statements
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 materially, from wha
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 is a specialty retailer of We are driven to delight our residential furniture and customers by offering personalized accessories founded in 1885 in design, quality home Atlanta, Georgia. We serve furnishings, and an outst
Slide 4: Our Strategic Advantages
OUR STRATEGIC ADVANTAGES Attractive and resilient target customers Store base is the right size in the right locations Optimized distribution and delivery system Flexible merchandising & fulfillment strategy Strong balance sheet 4
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
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. 17 STATES IN THE SOUTH & MIDWEST 129 STORES 4.5MM APPROX. TOTAL STORE SQFT 3 REGIONAL DISTRIBUTION CENTERS 4 HOME
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
Slide 8: Continued Strength in Design
CONTINUED STRENGTH IN DESIGN Our FREE in-home design service 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. YTD average ticket YTD designer % of written sales Ove
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 Creative dynamically adapts messaging to the unique style and business needs of each market. Conte
Slide 10: 2025 Financial Results
2025 FINANCIAL RESULTS Net sales for 2025 increased $36.1 million, or 5.0%, compared to 2024 results. Gross profit margin, excluding the impact of LIFO, increased 70 basis points due to product selection, merchandise pricing, and mix. Our results reflect the effectiveness of our customer-first appro
Slide 11: Revenues by Category for 2025
REVENUES BY CATEGORY FOR 2025 Upholstery remains our leading category, at approximately 44% of net sales. Accessories & Other, 14.3% Bedroom, 14.9% Bedding, 8.8% Dining, 10.3% Occasional, 7.2% Upholstery, 44.5% 11
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 Inventories $125.3 $125 $105 $120.6 $100 $120.0 $96.2 $120 $94.0 $95 $90 $115 $85 $83.4 $80 $110 $75 $105 $7
Slide 14: Capital Allocation Philosophy
CAPITAL ALLOCATION PHILOSOPHY Planned capital expenditures for 2026 are $33.5 million Disciplined and balanced approach for return to shareholders 90-year track record of consistent dividend payments Targeted payout based on earnings and FCF In February 2026, the Board of Directors approve
Slide 15: Capital Allocation – Cash Returned to Shareholders
CAPITAL ALLOCATION – CASH RETURNED TO SHAREHOLDERS Purchased approximately 216,000 shares of common stock for $4.8 million and paid $20.8 million in dividends in 2025. ($ in millions) $42 $7 $25 $26 $16 $5 $5 $0 $0 $19 $20 $21 2023 2024 2025 Dividends Special Dividends Share Repurchases 15
Slide 16: 2026 Expectations
2026 EXPECTATIONS Our 2026 guidance includes the impact of the new tariffs announced by the administration. We continue to monitor tariff developments and assess their potential impact on our business. With our strong balance sheet, we continue to invest in all parts of our operations, including our
Slide 17: Compelling Investment Thesis
COMPELLING INVESTMENT THESIS > 5% dividend yield with 91-year track record of payout stability 2nd consecutive quarter of positive same-store sales Consolidated sales increased 9.5% to $201.9 million for 4Q25 and increased 5.0% to $759.0 for 2025 Strong balance sheet and cash position Cash
Slide 18: Appendix – GAAP to Non-GAAP Reconciliation
APPENDIX – GAAP TO NON-GAAP RECONCILATION 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 informati
Haverty Furniture Companies — Q1 2026 Earnings Presentation on 6ix