HVT Q1 2023 Earnings — Haverty Furniture Companies, Inc. Revenue & Financial Results | Market Cap Arena

HVTHaverty Furniture Companies, Inc.

$362M

Q1 2023 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$225M-5.9% YoY

Gross Profit

$133M59.1% margin

Operating Income

$14M6.4% margin

Net Income

$12M5.5% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-19.9%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$648M

Total Liabilities

$352M

Stockholders' Equity

$296M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$225M	$239M	-5.9%
Gross Profit	$133M	$141M	-5.8%
Operating Income	$14M	$26M	-44.1%
Net Income	$12M	$19M	-36.1%

Revenue Segments

Upholstery

$96M32%

Case Goods

$79M26%

Bedroom Furniture

$35M11%

Accessories and Other

$31M10%

Dining Room Furniture

$26M8%

Occasional

$19M6%

Mattresses

$18M6%