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HAVERTY FURNITURE COMPANIES INC (HVT) filed an 8-K current report with the SEC on May 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 fiscal 2026 results for quarter ended March 31, 2026.
HAVERTY FURNITURE COMPANIES INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 fiscal 2026 results for quarter ended March 31, 2026
- Press release issued May 5, 2026 with operating results and financial details
- Exhibit 99.1 contains the substantive earnings disclosure for investor review
Item EX-99.1 · Exhibit EX-99.1
- Q1 sales increased 4.1% to $189.1 million, with comparable-store sales up 4.3% and written business up 6.4%
- Diluted EPS rose to $0.26 from $0.23 as gross margin expanded to 61.5% from 61.2%
- Design consultants generated 35.3% of written business, up from 33.2%, supporting higher average tickets of $3,707
- Free cash flow declined to negative $9.9 million, reflecting $7.0 million of capital spending and inventory investment
- Debt-free balance sheet held $114.1 million in cash and restricted cash, while 2026 capital expenditure guidance increased to approximately $34.0 million for store growth
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