Havertys Sales Slip in 3Q

October 5, 2011  by in UnCategorized   

By Aggregated Content in Furniture Retailing on October 6, 2011 from http://c.moreover.com/click/here.pl?z5296311685&z=1250249027 Haverty Furniture reported Thursday that revenue for its stores open at least a year fell 0.6 percent in the third quarter. That is a key indicator of a retailer's sales performance because it strips away the impact of recently opened or closed stores. Haverty said total revenue for the period fell 1.1 percent to $155.4 million, compared with $157.1 million for the third quarter last year. The retailer said sales were strong over the Independence Day and Labor Day weekends but was slower during rest of the quarter. The company remains optimistic about the fourth quarter, because demand for

Read Full Article...