HVT - Haverty Furniture GAAP EPS of $1.46 revenue of $274.5M

• Haverty Furniture press release ( NYSE: HVT ): Q3 GAAP EPS of $1.46.
• Revenue of $274.5M (+5.4% Y/Y).
• Consolidated sales increased 5.4% to $274.5 million.
• Comparable store sales increased 6.3%.
• Gross profit margin of 57.1% versus 56.8%.
• Cash and cash equivalents at September 30, 2022 are $144.0 million.
• Generated $38.2 million in cash from operating activities primarily from solid earnings performance, offset by funding of a $25.3 million increase in inventories and a $7.3 million increase in other operating assets and liabilities.
• Purchased approximately 1.1 million shares of common stock for $30.0 million and paid $13.4 million in quarterly cash dividends during the nine months ended September 30, 2022.

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