Havertys Reports Earnings for Third Quarter 2016

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Haverty (HVT) Tops Q3 EPS by 1c

October 31, 2016 5:55 PM EDT

Haverty (NYSE: HVT) reported Q3 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $211.7 million versus the consensus estimate of $211.7 million.

Clarence H. Smith, chairman, president and chief executive officer, said, Our third quarter earnings were flat with the prior year as modest sales increases and improved gross margins were offset by expanded operating costs. Sales gains were made... More