|Bid||17.05 x 900|
|Ask||17.26 x 1000|
|Day's Range||16.70 - 17.27|
|52 Week Range||9.81 - 21.43|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||16.48|
|Earnings Date||Jul 28, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||0.60 (3.50%)|
|Ex-Dividend Date||Jun 03, 2020|
|1y Target Est||9.00|
Image source: The Motley Fool. Haverty Furniture Companies Inc. (NYSE: HVT)Q1 2020 Earnings CallMay 21, 2020, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the Haverty's first-quarter 2020 financial results conference call.
Haverty Furniture (HVT) delivered earnings and revenue surprises of 120.45% and 27.80%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
ATLANTA, May 20, 2020 -- HAVERTYS (NYSE: HVT and HVT.A) reports earnings per share for the first quarter ended March 31, 2020 of $0.09 compared to $0.17 for the same period of.
HAVERTYS (NYSE:HVT and HVT.A) will release first quarter 2020 financial results on Wednesday, May 20, 2020, after the market closes. The company will host a conference call with investors and analysts on Thursday, May 21, 2020 at 10:00 a.m. (ET) to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com.
Haverty Furniture (HVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Haverty Furniture Companies Inc. said Monday that while it expects to reopen all of its stores by mid-May, it was reducing its workforce by 34%, given the "dramatic shock" from the coronavirus pandemic and the uncertainty over the ongoing impact. The home furnishings retailer, with stores in 16 states in the Southern and Midwestern regions, said it was reducing its workforce of 3,495 by about 1,200. The stock rallied 5.3% in afternoon trading. The company said it was extending the furlough of about 730 employees for another 30 days. On April 1, the company said it was extending its core closures for another 30 days, from the original expectation of April 2, and furloughed 3,033 employees, or 87% of its workforce. Haverty expects to reopen 108, or 90% of its 120 stores, on May 1, and the remaining stores by mid-May. The stock has dropped 35.8% over the past three months, while the S&P 500 has lost 11.5%.
HAVERTYS (NYSE:HVT and HVT.A) announced today it would begin the process of reopening its stores and resuming its distribution and delivery operations. The company currently expects to reopen 108 of its 120 stores on May 1 and the remaining locations by mid-May. Havertys plans a phased approach as it restarts its business with limited staffing and shorter hours, adjusting as the pace of business dictates.
To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. Tenet Healthcare (THC) and a physician practice in Boston on the front lines of providing expensive coronavirus care have also suspended their matches. Employers are required to give their workers a 30-day notice and cannot stop the match prior to the 30-day period.
HAVERTYS (NYSE:HVT and HVT.A) announced today it would extend the suspension of its operations through April 30, 2020 in response to the COVID-19 outbreak. Havertys closed its stores March 19 and halted deliveries March 21 with an anticipated reopening of stores on April 2, 2020. Affected team members were paid during these periods of operational pause and most Havertys’ corporate office personnel transitioned to working remotely.
Jonathan Goldman of Genesis Capital says amid the coronavirus pandemic, businesses need to plan for the long-term.
The global coronavirus pandemic has some big Georgia companies rushing to raise cash. In recent days companies including Delta Air Lines Inc., NCR Corp., Haverty Furniture Companies Inc., Aaron's Inc., Carter's Inc., Oxford Industries Inc., Citi Trends Inc., and National Vision Holdings Inc. have arranged to borrow from tens of millions and up to billions of dollars. Delta on March 20 announced it arranged to borrow $2.6 billion, "enhancing the company’s liquidity as it manages through an unprecedented decline in air travel demand due to the COVID-19 outbreak."
Atlanta-based furniture store chain Havertys said Tuesday that in response to the COVID-19 outbreak it will temporarily close its retail locations beginning March 19 until April 2. Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 121 showrooms in 16 states in the Southern and Midwestern regions. The company's warehouse and distribution operations will also be suspended for two weeks, with teams receiving products from vendors and making home deliveries thru March 21.
HAVERTYS (NYSE:HVT and HVT.A) announced today updates to its operating plans in response to the COVID-19 outbreak. Havertys will temporarily close its retail locations beginning March 19 until April 2, 2020. Havertys’ corporate office personnel are working remotely, and senior leadership is assessing business continuity plans during this national health emergency.
HAVERTYS (NYSE:HVT and HVT.A) announced today that, on February 26, 2020, its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.20 per share on the common stock and $0.19 per share on the Class A common stock. Havertys has paid a cash dividend in each year since 1935. The board also approved a new authorization under its stock repurchase program that permits the company to purchase up to $30.0 million of its common stock and Class A common stock.
Emory's George Painter has been researching coronavirus treatment for more than three years. He says the impact on business may not be as severe as the stock markets suggest.
ATLANTA, Feb. 18, 2020 -- HAVERTYS (NYSE: HVT and HVT.A) reported today sales of $213.8 million for the fourth quarter of 2019, a 2.3% increase over the fourth quarter of 2018..
HAVERTYS (NYSE:HVT and HVT.A) will release fourth quarter and full-year 2019 financial results on Tuesday, February 18, 2020, after the market closes. The company will host a conference call with investors and analysts on Wednesday, February 19, 2020 at 10:00 a.m. (ET) to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com.
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When Mexico's President Porfirio Diaz lamented more than a century ago of his nation being "so far from God and so close to the United States," he hadn't contemplated the North American Free Trade Agreement (NAFTA), which enhanced efficiency, encouraged innovation, increased consumer purchasing power, made a wider assortment of goods available and raised standards of living. While trade-augmenting NAFTA and its progeny, the United States-Mexico-Canada Agreement (USMCA), were negotiated in Mexico City, Ottawa and Washington, D.C., its success throughout North America had much to do with the iron horse and the vision of railroader Michael R. (Mike) Haverty. With pluck worthy of Alexander the Great, and none of the collywobbles of his peers who watched with barely masked mockery, Haverty, as president of Kansas City Southern Railway (NYSE: KSU) (1995-2005), made a $1.6 billion bet on the future of the barely 1-year-old NAFTA — and Mexico's soon-to-be privatized rail system.
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ATLANTA, Jan. 09, 2020 -- HAVERTYS (NYSE: HVT and HVT.A) announced today its plans for two store openings in 2020. Havertys will enter the Myrtle Beach, SC market and add to.
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