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Haverty Furniture — Third Quarter 2026 Earnings Summary

  • Consolidated sales rose 4.5% year-over-year to $203.2 million, with comparable store sales up 4.1%, while diluted EPS increased to $0.39 from $0.28 in the prior year.
  • Gross profit margin expanded to 62.3% for the quarter (60.7% excluding $3.2 million in IEEPA tariff refunds), prompting an upward revision of 2026 gross margin guidance to 61.3%–61.5%.
  • The company expects to reach 133 stores by year-end 2026, including five new openings and an entry into Pennsylvania, its 18th state.
  • Capital return initiatives totaled $32.4 million for the first nine months of 2026, comprising $16.6 million in share repurchases and $15.8 million in cash dividends.
  • 2026 variable SG&A guidance was raised to 19.2%–19.4% of sales to reflect higher delivery, transportation, and third-party credit costs, while fixed SG&A is projected between $307.0 million and $309.0 million.
Company
HAVERTY FURNITURE COMPANIES INC
Sector
Consumer Cyclical
Industry
Home Improvement Retail