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HVT - Haverty Furniture GAAP EPS of $1.42 beats by $0.24 revenue of $280.6M beats by $13.18M
Haverty Furniture Companies Inc.
Haverty Furniture press release ( NYSE: HVT ): Q4 GAAP EPS of $1.42 beats by $0.24 .
Revenue of $280.6M (+5.5% Y/Y) beats by $13.18M .
Consolidated sales increased 5.5% to $280.6 million. Comparable store sales increased 5.8%.
Expect gross profit margins for 2023 will be between 58.0% to 58.5%.
Planned capital expenditures are approximately $28.0 million in 2023. Expect retail square footage will increase 2.2% as we open five stores and close one during 2023.