Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google

Get the latest industry scoop


Daily News

From Home Furnishing Business

Havertys March Sales Drop

By Home Furnishings Business in Furniture Retailing on April 2007 Atlanta-based Haverty Furniture Cos. reported March sales dropped 11.6 percent to $66.1 million compared with $74.7 million during March 2006.

Same-store sales decreased 13.5 percent. Sales for the first quarter of 2007 decreased 8.6 percent to $191.1 million compared to $209.1 million in the same quarter in 2006.

Same-store sales for the first quarter dropped 10.4 percent.

€œOur March sales were indicative of the persistent weakness in the retail furniture sector,€ said Clarence Smith, president and chief executive officer. €œHavertys has endured many challenging cycles over its 122-year history, and as we have in past difficult times, we continue to sharpen our focus on those aspects of the business within our control.€

Comments are closed.
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Got News
HFB Designer Weekly