{"id":4861,"date":"2015-03-26T11:19:53","date_gmt":"2015-03-26T11:19:53","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=4861"},"modified":"2015-03-26T11:19:53","modified_gmt":"2015-03-26T11:19:53","slug":"company-snapshot-haverty-furniture-companies-inc","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2015\/03\/company-snapshot-haverty-furniture-companies-inc\/","title":{"rendered":"Company Snapshot: Haverty Furniture Companies, Inc."},"content":{"rendered":"

Havertys is Tradition<\/strong><\/p>\n

Address
\n<\/strong>780 Johnson Ferry Rd
\nAtlanta, GA 30342-4776<\/p>\n

Telephone<\/strong>
\n404 443-2900<\/p>\n

Internet Homepage
\n<\/strong>www.havertys.com<\/p>\n

Year Founded
\n<\/strong>1885<\/p>\n

Total Stores
\n<\/strong>119<\/p>\n

Total Annual Sales
\n<\/strong>$768,409,000<\/p>\n

Senior Executives
\n<\/strong>Clarence H. Smith: Chairman of the Board, President, and CEO
\nSteven G. Burdette: Exec VP, Store Operations<\/p>\n

 <\/p>\n

As conveyed by the year of its founding by the first generation of Haverty entrepreneurs in 1885, and then by going public under the guidance of additional family members during the inauspicious year of 1929, four weeks prior to the stunning crash, Havertys is truly a traditional old-line purveyor of furniture, with a proud family-based history.<\/p>\n

After struggling through the challenges of the recent recession, as was typical throughout the industry, Havertys seems to be entering a period of positive energy regarding corporate operations.\u00a0 Recently released annual financials revealed a three percent increase in net sales, backed by a healthy 3.6% increase in same-store sales.<\/p>\n

Havertys had experienced continuous growth in annual sales throughout the decade of the 90\u2019s. \u00a0This continued for several years during the start of the new millennium. As was true for most of its competition, this solid progress stopped when the recession hit.\u00a0 An annual decline in sales continued for three years, then essentially plateaued and has displayed modest gains for the past three years.<\/p>\n

Havertys recently announced its plan to grow its store count by four during the current fiscal year.\u00a0 This too is a sign of significant post-recessionary progress. When the recession hit, the company had just opened two locations which brought its total to 124.\u00a0 Since then, as with its annual financial numbers, the company essentially meandered through the industry\u2019s recessionary obstacles.<\/p>\n

During the recession, fiscal year-end store counts have been stifled between the aforementioned 124 and the current 119.\u00a0 If all goes according to plan, 2015 should see the greatest increase in store count since 2007, a most hopeful sign.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Havertys is Tradition Address 780 Johnson Ferry Rd Atlanta, GA 30342-4776 Telephone 404 443-2900 Internet Homepage www.havertys.com Year Founded 1885 Total Stores 119 Total Annual Sales $768,409,000 Senior Executives Clarence H. Smith: Chairman of the Board, President, and CEO Steven G. Burdette: Exec VP, Store Operations   As conveyed by the year of its founding… Continue reading Company Snapshot: Haverty Furniture Companies, Inc.<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[15],"class_list":["post-4861","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/4861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=4861"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/4861\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=4861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=4861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=4861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}