Haverty Furniture Companies Inc (NYSE: HVT)

Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories. The company traces its origins to 1885 when founder J. J. Haverty opened a single store in Atlanta Georgia and made deliveries with horse drawn wagons. Today Haverty Furniture Companies, Inc. maintains 129 stores across 17 states in the Southern and Midwest regions of the United States.

The company generates revenue primarily through the sale of furniture and home accessories in its stores and through its website. Customers can also avail themselves of a free in home design consultation which often leads to higher purchase amounts. The company offers financing through third party providers and earns fees that are recorded as selling expenses. Online sales accounted for approximately 3.2 percent of total sales in 2025.

The home furnishings retail sector is highly fragmented with many independent stores national chains and mass merchants. Haverty Furniture Companies, Inc. differentiates itself through a curated product mix that emphasizes style quality and value. The company provides a free in home design service and maintains a distribution network that enables prompt delivery of orders. These capabilities give Haverty Furniture Companies, Inc. an edge over competitors that rely solely on price driven promotions. Competitors include national and regional furniture chains department stores electronics retailers and internet only retailers.

Haverty Furniture Companies, Inc. serves primarily women in middle to upper middle income households. These customers typically own homes in suburban areas and express their personal style through furniture and accessory choices. They are style conscious shoppers who research products online and visit stores to confirm fit and comfort before purchasing. The average sales ticket for customers who use the in home design service is generally about twice the company’s overall average.