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
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
03/20161.160.10018.24
12/20151.180.10018.17
09/20150.360.10065.22

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity4.73Total Liab/Total Assets0.38
Net Inc/Total Assets0.06Total Liab/Inv Cap0.49
Net Inc/Inv Cap0.08Total Liab/Comm Equity28.80
Pretax Inc/Net Sales0.06Interest Coverage Ratio21.52
Net Inc/Net Sales0.03Curr Debt/Equity0.01
Cash Flow/Net Sales0.07LTD/Equity0.18
SG&A/NetSales0.48Total Debt/Equity0.20
Asset Utilization   Liquidity  
Net Receivables Turnover161.26Quick Ratio0.96
Inventory Turnover3.59Current Ratio2.02
Inventory Day Sales0.01Net Rec/Curr Assets0.02
Net Sales/Work Cap8.37Inv/Curr Assets0.53
Net Sales/PP&E3.52  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 196.87 200.47 220.65 211.75
Cost of Goods Sold 89.71 90.83 99.57 97.95
Selling & Admin Exps 96.84 99.22 103.12 101.04
Operating Income 10.26 10.32 17.86 12.68
Interest Exp 0.57 0.58 0.51 0.56
Pretax Income 9.69 9.74 17.35 12.13
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 6.19 5.99 10.95 7.37

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 73.92 69.54 71.52 84.34
Receivables - Total 2.92 3.42 4.24 4.48
Inventories - Total 103.82 108.26 102.02 99.08
Total Current Assets 195.89 196.73 194.12 202.57
Net Property, Plant & Equipment 229.22 231.58 233.67 237.20
Total Assets 454.32 455.62 454.51 468.50
Liabilities        
Accounts Payable 54.24 61.06 67.57 62.47
Debt in Current Liabilities 3.62 3.57 3.46 3.39
Total Current Liabilities 86.34 91.89 95.95 96.31
Long-Term Debt 51.15 52.07 52.01 52.92
Total Liabilities 164.03 169.15 172.63 174.86
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 28.92 28.83 NA 0.00
Common Stock 2.32 2.32 31.13 31.13
Retained Earnings 284.83 281.17 277.71 290.28
Treasury Stock -111.32 -111.41 -111.41 -111.41
Total Stockholders' Equity 290.29 286.47 281.87 293.64
Total Liabilities and Stockholders' Equity 454.32 455.62 454.51 468.50

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 14.34 5.76 12.82 36.61
Net Cash Provided by Investing Activities -5.25 -4.17 -2.20 -6.26
Net Cash Provided by Financing Activities -4.73 -3.57 -22.70 -3.31

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012670.3714.910.67
12/2013746.4132.261.41
12/2014768.718.590.37
12/2015805.1627.791.18
12/2016821.8028.361.30
Growth Rates5.2217.4318.02

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1714216,86786.85




Report Date : 10/23/2017

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