Havertys’ Sales Rise in April

May 5, 2008  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on May 2008 Havertys reported that overall sales during April increased 0.6 percent to $54 million, while same-store sales declined 2.7 percent.

For the first four months of 2008, sales decreased 2.2 percent to $239.2 million, and same-store sales decreased 5.5 percent during the four-month period.

Last week, the company reported that earnings in the company’s first quarter increased 24.2 percent to $1 million as sales declined 3 percent to $185.2 million from the same period a year ago.

In an announcement, the company said the results matched a prediction in the company’s recent first-quarter earnings release stating that delivered sales for April would be flat and total written business would be down by 7 percent to 8 percent.

Havertys, based in Atlanta, operates 124 stores in 17 Southern and Midwestern states.