HVT Q2 2023 Earnings — Haverty Furniture Companies, Inc. Revenue & Financial Results | Market Cap Arena

HVTHaverty Furniture Companies, Inc.

$362M

Q2 2023 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$206M-18.5% YoY

Gross Profit

$125M60.5% margin

Operating Income

$15M7.2% margin

Net Income

$12M5.7% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

-$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$656M

Total Liabilities

$351M

Stockholders' Equity

$306M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$206M	$253M	-18.5%
Gross Profit	$125M	$147M	-14.8%
Operating Income	$15M	$28M	-47.8%
Net Income	$12M	$22M	-45.7%

Revenue Segments

Upholstery

$87M31%

Case Goods

$73M26%

Bedroom Furniture

$34M12%

Accessories and Other

$28M10%

Dining Room Furniture

$23M8%

Mattresses

$19M7%

Occasional

$16M6%