Brief: Haverty Furniture Q2 EPS USD 0.16

Haverty Furniture Companies

30/07/2025 21:11

Overview

Haverty Furniture Q2 sales rise 1.3% to $181 mln, beating analyst expectations, per LSEG data

Diluted EPS falls to $0.16 from $0.27 yr/yr

Gross profit margin improves to 60.8% from 60.4%

Outlook

Company expects 2025 gross profit margins between 60.0% and 60.5%

Haverty Furniture anticipates 2025 capital expenditures of $24 mln

Company expects 2025 fixed SG&A expenses to be $291-293 mln

Haverty Furniture monitors tariff developments to minimize business impact

Result Drivers

MARKETING STRATEGIES - Improved sales attributed to new marketing and promotional strategies, per CEO Steven G. Burdette

GROSS MARGIN - Gross profit margin increased to 60.8% from 60.4%

SG&A EXPENSES - SG&A expenses rose due to higher administrative and occupancy costs, offset by reduced warehouse and delivery costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$181 mln
$176.90 mln (2 Analysts)
Q2 EPS
$0.16
Q2 Net Income
$2.70 mln
Q2 Gross Margin
60.8%
Q2 Gross Profit
$110.10 mln
Q2 Pretax Profit
$4.30 mln


Analyst Coverage

Wall Street's median 12-month price target for Haverty Furniture Companies Inc is $29.00, about 27.1% above its July 29 closing price of $21.14

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nACSqJWqna

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)