From Home Furnishing Business
Haverty’s CEO, Dennis Fink Steps Down
Havertys Furniture (NYSE:HVT) disclosed in a regulatory filing just before Friday’s close that CFO Dennis Fink will step down from his role. The company did not provide an exact retirement date, and said Fink agreed to serve into 2017 to ensure a smooth transition and that he will help in the search for a successor.
The stock increased 2.69% or $0.48 during the last trading session, hitting $18.31. About 89,109 shares traded hands or 27.02% up from the average. Haverty Furniture Companies, Inc. (NYSE:HVT) has declined 25.58% since December 1, 2015 and is downtrending. It has underperformed by 25.36% the S&P500.
Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company also offers mattress product lines under the Sealy, Serta, Stearns & Foster, and Tempur-Pedic names. It sells home furnishings through its retail stores, as well as through its Website. As of December 31, 2015, the company operated 121 stores in 16 states in the Southern and Midwest regions. Haverty Furniture Companies, Inc. was founded in 1885 and is based in Atlanta, Georgia.