| Business Summary | | Haverty
Furniture
Companies
Inc.
is
a
full-service
home
furnishings
retailer.
The
Company
operates
106
showrooms
in
14
contiguous
southern
and
central
states.
The
Company
provides
its
customers
with
a
wide
selection
of
furniture
and
accessories
primarily
in
the
middle
to
upper-middle
price
ranges.
As
an
added
convenience
to
its
customers,
the
Company
offers
financing
through
a
revolving
charge
credit
plan. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Haverty
is
a
full-service
home
furnishings
retailer
which
provides
a
wide
selection
of
furniture
and
accessories
primarily
in
the
middle
to
upper-middle
price
ranges.
HVT
offers
financing
through
a
revolving
charge
credit
plan.
For
the
six
months
ended
6/30/01,
revenues
fell
3%
to
$319.7
million.
Net
income
before
acct.
change
fell
44%
to
$6.9
million.
Revenues
reflect
a
decrease
in
comparable
store
sales.
Earnings
also
reflect
higher
occupancy
and
utility
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Rawson Haverty, 80 Chairman | -- | -- | John Slater, Jr., 66 Pres,
CEO | $776K | $108K | Clarence Smith, 50 COO,
Director | 461K | -- | Dennis Fink, 48 Exec.
VP and CFO | 538K | 363K | Rawson Haverty, Jr., 44 Sr.
VP- Real Estate and Devel. | 381K | 102K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|