Company Information

  

Address: 780 JOHNSON FERRY ROAD
SUITE 800 
City: ATLANTA 
State: GA 
Zip Code: 30342 
Telephone: 404-443-2900 

Description of Business

Primary SIC Code: 5712
(As filed with the SEC)  

Unless otherwise indicated by the context, we use the terms "Havertys," "we," "our," or "us" when referring to the consolidated operations of Haverty Furniture Companies, Inc. Overview Havertys is a specialty retailer of residential furniture and accessories. Our founder, J.J. Haverty began the business in 1885 in Atlanta, Georgia with one store and made deliveries using horse-drawn wagons. The Company grew to 18 stores and accessed additional capital for growth through its initial public offering in October 1929. Havertys has grown to 124 stores in 16 states in the Southern and Midwest regions. All of our retail locations are operated using the Havertys name and we do not franchise our stores. Our customers are generally college educated women in middle to upper-middle income households. Our brand recognition is very high in the markets we serve and consumer surveys indicate Havertys is associated with a high level of quality, fashion, value and service.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.960.18020.99
12/20170.950.15023.84
09/20171.350.15019.37
06/20171.410.12017.80
03/20171.390.12017.52
12/20161.301.12018.23
09/20161.200.12016.70
06/20161.190.10015.15

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity2.37Total Liab/Total Assets0.36
Net Inc/Total Assets0.05Total Liab/Inv Cap0.45
Net Inc/Inv Cap0.06Total Liab/Comm Equity18.79
Pretax Inc/Net Sales0.05Interest Coverage Ratio21.48
Net Inc/Net Sales0.03Curr Debt/Equity0.01
Cash Flow/Net Sales0.06LTD/Equity0.17
SG&A/NetSales0.49Total Debt/Equity0.19
Asset Utilization   Liquidity  
Net Receivables Turnover246.55Quick Ratio1.20
Inventory Turnover3.65Current Ratio2.35
Inventory Day Sales0.01Net Rec/Curr Assets0.01
Net Sales/Work Cap6.78Inv/Curr Assets0.49
Net Sales/PP&E3.58  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 199.47 215.00 207.69 196.87
Cost of Goods Sold 90.54 98.77 95.63 89.71
Selling & Admin Exps 100.01 101.65 101.82 96.84
Operating Income 8.93 14.54 10.21 10.26
Interest Exp 0.47 0.47 0.49 0.57
Pretax Income 8.46 14.07 9.72 9.69
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 6.31 2.92 5.98 6.19

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 80.23 87.61 94.99 73.92
Receivables - Total 2.10 2.41 2.71 2.92
Inventories - Total 109.02 103.44 99.66 103.82
Total Current Assets 206.40 210.69 213.25 195.89
Net Property, Plant & Equipment 227.00 229.22 226.69 229.22
Total Assets 455.79 461.33 470.20 454.32
Liabilities        
Accounts Payable 52.62 58.08 64.97 54.24
Debt in Current Liabilities 3.84 3.79 3.73 3.62
Total Current Liabilities 84.77 89.68 98.16 86.34
Long-Term Debt 49.83 50.80 51.52 51.15
Total Liabilities 161.27 167.19 176.23 164.03
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA 28.92 28.92
Common Stock 31.27 31.24 2.32 2.32
Retained Earnings 290.04 287.39 287.64 284.83
Treasury Stock -114.85 -111.32 -111.32 -111.32
Total Stockholders' Equity 294.52 294.14 293.97 290.29
Total Liabilities and Stockholders' Equity 455.79 461.33 470.20 454.32

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 8.29 3.71 28.65 14.34
Net Cash Provided by Investing Activities -7.07 -7.29 -4.90 -5.26
Net Cash Provided by Financing Activities -8.59 -3.83 -2.71 -4.73

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013746.4132.261.41
12/2014768.718.590.37
12/2015805.1627.791.18
12/2016821.8028.361.30
12/2017820.0321.080.95
Growth Rates2.38-10.10-9.40

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1815017,39690.09




Report Date : 7/9/2018

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