HVT Q3 2023 Earnings — Haverty Furniture Companies, Inc. Revenue & Financial Results | Market Cap Arena

HVTHaverty Furniture Companies, Inc.

$362M

Q3 2023 Earnings

Consumer Cyclical Home Improvement

Income Statement

Revenue

$220M-19.7% YoY

Gross Profit

$134M60.8% margin

Operating Income

$21M9.7% margin

Net Income

$17M7.8% margin

EPS (Diluted)

$1.02

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$677M

Total Liabilities

$360M

Stockholders' Equity

$316M

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$220M	$274M	-19.7%
Gross Profit	$134M	$157M	-14.5%
Operating Income	$21M	$32M	-33.9%
Net Income	$17M	$25M	-30.1%

Revenue Segments

Upholstery

$94M32%

Case Goods

$76M26%

Bedroom Furniture

$34M11%

Accessories and Other

$30M10%

Dining Room Furniture

$25M9%

Mattresses

$20M7%

Occasional

$17M6%