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Havertys Sept. Sales Jump 8%
October 4,
2006 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on October 2006
Haverty Furniture Cos. September sales increased 8 percent to $72.4 million compared with $67.1 million.
The retailer’s same-store sales for the month increased 6.4 percent. Sales for the first nine months of the year totaled $643.1 million versus $602.1 milliong for 2005, a 6.8 percent increase. Same store sales for the nine months increased 5 percent.
“Comparable-store sales were very good once again in September,” said Clarence H. Smith, president and chief executive officer. “A much better in-stock position relative to last year continues to allow for faster and more reliable scheduling of home deliveries to our customers. An extra Saturday in this year’s September calendar also contributed to our favorable results. Our total written sales for the month were up over September last year by a low single-digit percentage with weakness evident after strong increases for Labor Day week end.”
Smith said the company’s new series of television commercials building on the concept of “HAVE it all” will strengthen the connection between Havertys brand and our customers’ desire to create beautiful homes.