Haverty Furniture posts Q3 2026 earnings beat and margin expansion
+4 new sources since this summary was written
Haverty Furniture Companies reported third‑quarter 2026 diluted EPS of $0.39, up from $0.28 a year earlier. Consolidated sales rose 4.5% to $203.2 million and gross profit margin increased to 62.3% from 60.3%. The company opened five new stores, including its first in Pittsburgh, and reaffirmed full‑year gross margin guidance of 61.3%‑61.5%.
Why it matters
The earnings beat and higher margin suggest stronger profitability, which may support the company’s dividend of $15.8 million and share repurchases of $16.6 million. Management’s reaffirmation of 2026 margin guidance could bolster investor confidence in future earnings performance.
Key facts
- 1Diluted EPS was $0.39 versus $0.28 in Q3 2025. prnewswire.com
- 2Consolidated sales increased 4.5% to $203.2 million. prnewswire.com
- 3Gross profit margin was 62.3% compared with 60.3% a year earlier. prnewswire.com
- 4Excluding $3.2 million of IEEPA tariff refunds, gross margin was 60.7% versus 60.3% in 2025. prnewswire.com
- 5The company opened five new stores in the quarter, including entry into Pittsburgh, Pennsylvania. prnewswire.com
- 6Full‑year 2026 gross margin guidance is 61.3%‑61.5%. prnewswire.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.