Havertys (HVT) Q1 Comps Rose 0.9%

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Havertys Reports Sales for First Quarter

April 7, 2016 6:30 AM EDT

ATLANTA, April 07, 2016 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT) (NYSE:HVT.A) today reported sales for the quarter ended March 31, 2016.

Havertys sales for the first quarter 2016 increased 1.7% to $194.5 million, compared with $191.3 million for the first quarter of 2015.  On a comparable store basis, sales for the quarter rose 0.9%.  Comparable store sales do not include locations opened, closed or otherwise non-comparable during the last 12 months

Total written sales for the first quarter of 2016 were down 1.3% and written comparable store sales decreased 2.2% over the same period last year. Havertys stores are closed for Easter and the... More