Haverty (HVT) Misses Q3 EPS by 8c

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Havertys Reports Earnings for Third Quarter 2019

October 30, 2019 4:11 PM EDT

ATLANTA, Oct. 30, 2019 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) reports earnings per share of $0.31 for the third quarter ended September 30, 2019 compared to $0.39 for the same period of 2018. The earnings per share for the nine months ended September 30, 2019 is $0.77 compared to $0.98 for the same period in 2018.

Clarence H. Smith, chairman, president and chief executive officer, said, The third quarter continued to challenge our teams with product flow disruption and merchandise pricing. Our vendors are working closely with us to ensure that our supply chain information is timely as manufacturing locales shift. The changes in costs have tested our... More