Havertys (HVT) Comps FEll 0.9% in Q4

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Havertys Reports Sales for Fourth Quarter

January 8, 2016 6:20 AM EST

ATLANTA, Jan. 08, 2016 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT) (NYSE:HVT.A) today reported sales for the quarter ended December 31, 2015.

Havertys sales for the fourth quarter 2015 increased 1.4% to $215.9 million, compared with $213.0 million for the fourth quarter of 2014. On a comparable store basis, sales for the quarter decreased 0.9%.  Comparable store sales do not include locations opened, closed or otherwise non-comparable during the last 12 months. Sales for the twelve months of 2015 totaled $804.9  million, compared with $768.4 million in 2014, representing an increase of 4.7%. On a comparable store basis, sales increased 2.5% for the twelve months.

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