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Home > Company Index > Retail > Home Furnishing & Housewares Retailing > Haverty Furniture Companies, Inc.

Haverty Furniture Companies, Inc.
NYSE: HVT
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 NEWS FROM THE WIRES
Haverty July same-store sales fall 7.2 percent
Aug 07 2001 05:04 AM PDT

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 PROFILE
A place to dine, somewhere to recline -- Haverty Furniture can fill the bill. Better known as Havertys, the company sells brand-name home furnishings and accessories in the middle to upper-middle price range. It has more than 100 showrooms in 14 southern and central US states. Haverty is growing by enlarging or replacing smaller stores in high-growth markets. The retailer has agreed to devote more floor space to Furniture Brands International (the #1 US maker of residential furniture, under the Broyhill, Thomasville, and Lane brands) in exchange for more favorable distribution arrangements and better product selection. Haverty is also expanding its line of Haverty-branded furniture, which offers higher profit margins.

 COMPETITION
Ethan Allen Interiors Inc. (ETH)
J. C. Penney Company, Inc. (JCP)
The Rowe Companies (ROW)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 680.90
1-Yr. Sales Growth: 10.0%
Employees: 3,869
Revenue per employee: $175,988.63

 KEY PEOPLE
• John E. Slater
    CEO
• Dennis L. Fink
    CFO

 CONTACT INFO
780 Johnson Ferry Rd., Ste. 800
Atlanta, GA 30342
US
Phone: 404-443-2900
Fax: 404-443-4180
Online: Web Site

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