Havertys (HVT) Misses Q1 EPS by 2c

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Go back to Havertys (HVT) Misses Q1 EPS by 2c

Havertys Reports Earnings for First Quarter 2016

May 2, 2016 6:20 PM EDT

ATLANTA, May 02, 2016 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT) (HVT.A) reports earnings per share for the first quarter ended March 31, 2016 was $0.21 compared to $0.27 for the same period of 2015.

Clarence H. Smith, chairman, president and CEO, said, Our earnings results reflect the previously announced modest sales increase. Our expansion and remodeling strategy has yielded nine new locations and two significantly remodeled and expanded stores over the past 21 months. The sales results for these locations, including those in new markets, combined with the overall slower growth in some of our existing markets has not... More