Haverty Furniture Companies, Inc. Reports Sales Results for the Fourth Quarter and Year Ended December 31, 2017
January 08, 2018 at 11:29 am
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Haverty Furniture Companies, Inc. reported sales results for the fourth quarter and year ended December 31, 2017. For the quarter, sales were $215.0 million compared to $220.6 million a year ago. On a comparable store basis, sales for the quarter were down 3.5%. Comparable store sales do not include locations opened, closed or otherwise non-comparable during the last 12 months.
For the year, sales were $819.9 million compared to $821.6 million a year ago. On a comparable store basis, sales decreased 1.3% for the twelve months.
Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Companyâs product categories include furniture, decor and accessories, and mattresses and bedding. Its furniture category includes living room, bedroom, dining room, office and outdoor. Its living room product line includes sofas and sleepers, and chairs and recliners, among others. Its bedroom product line includes beds, dressers, chests, and others. Its dining room product line includes dining chairs, dining tables, barstools, and others. Its office product line includes office chairs, file cabinets, and desks and hutches, among others. Its outdoor product line includes outdoor dining, outdoor seating, outdoor tables, and others. Its decor and accessories category includes rugs, lighting, wall decor and mirrors, pillows, and throws and accent decor. Its mattress product lines include Tempur-Pedic, Serta, Stearns, and Foster, Beautyrest, and Sealy.