ATLANTA, May 17, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today that its board of directors declared a 12% increase in the quarterly dividend rate, from $0.25 per share to $0.28 per share on the company’s common stock. The quarterly dividend for the company’s Class A common stock is also being increased from $0.23 per share to $0.26 per share. The dividend is payable on June 17, 2022 to stockholders of record at the close of business on June 2, 2022. Havertys has paid a
ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A), today reported its operating results for the first quarter ended March 31, 2022. First quarter 2022 versus first quarter 2021: Consolidated sales increased 1.0% to $238.9 million. Comparable store sales increased 0.2%.Gross profit margin of 59.0% versus 57.1% and above expectations due to merchandise mix and pricing.Diluted earnings per common share (“EPS”) of $1.11 versus $1.04. Clarence H. Smith, chairman and CEO, said,
With its stock down 13% over the past month, it is easy to disregard Haverty Furniture Companies (NYSE:HVT). But if you...