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Havertys

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

American furnishing company

Haverty Furniture Companies, Inc. ("Havertys") is an American retail furniture company founded in 1885.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$759.0MRevenue, fiscal 20256
$19.7MNet income, fiscal 20256
1885Founded1

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  • TickerHVT on NYSE1
  • IndustryRetail-Furniture Stores1
  • HeadquartersAtlanta1
  • Websitewww.havertys.com
  • Incorporated inMD7
  • Business address780 Johnson Ferry Road, Suite 800, Atlanta, Ga 303427
  • Filer categoryAccelerated filer7
  • Legal formCorporation4
  • LEI529900CVFMMIRXZVPD704
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o COGENCY GLOBAL INC., 1519 YORK ROAD, 21093 Lutherville, United States4
  • Registered withBusiness Services (Maryland Department of Assessments and Taxation), D000888154
Havertys Furniture Brentwood, Tennessee
Photo: TaurusEmerald, CC BY-SA 4.0, via Wikimedia Commons9

Haverty Furniture Companies, Inc. ("Havertys") is an American retail furniture company founded in 1885. Beginning with a single store in downtown Atlanta, it has grown to become one of the top furniture retailers in the south and central United States.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

60.7%Gross margin6
2.6%Net margin6
5.0%Revenue growth, 20256
6.4%Return on equity6
$33.0MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue39¢$298.5M
  • Selling, general and admin57¢$439.3M
  • Income tax1¢$7.1M
  • Profit3¢$19.7M

Out of $759.0M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending37¢$19.7M
  • Dividends paid40¢$20.8M
  • Share buybacks9¢$4.8M
  • Kept or used elsewhere14¢$7.4M

Out of $52.6M of cash from operations.6

Financial statements

Revenue10111213146$759.0M in 2025−7% since 2018
0$500.0M$1.0B$1.5B2018: $817.7M$817.7M20182019: $802.3M$802.3M2019−2%2020: $748.3M$748.3M2020−7%2021: $1.0B$1.0B2021+35%2022: $1.0B$1.0B2022+3%2023: $862.1M$862.1M2023−18%2024: $722.9M$722.9M2024−16%2025: $759.0M$759.0M2025+5%
Gross profit10111213146$460.5M in 2025+3% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $446.5M$446.5M20182019: $434.5M$434.5M2019−3%2020: $419.0M$419.0M2020−4%2021: $574.6M$574.6M2021+37%2022: $604.2M$604.2M2022+5%2023: $523.1M$523.1M2023−13%2024: $439.1M$439.1M2024−16%2025: $460.5M$460.5M2025+5%
Net income10111213146$19.7M in 2025−35% since 2018
0$25.0M$50.0M$75.0M$100.0M2018: $30.3M$30.3M20182019: $21.9M$21.9M2019−28%2020: $59.1M$59.1M2020+171%2021: $90.8M$90.8M2021+54%2022: $89.4M$89.4M2022−2%2023: $56.3M$56.3M2023−37%2024: $20.0M$20.0M2024−65%2025: $19.7M$19.7M2025−1%
Fiscal year20182019202020212022202320242025
Revenue$817.7M10$802.3M11$748.3M12$1.0B13$1.0B14$862.1M6$722.9M6$759.0M6
Cost of revenue$371.2M10$367.8M11$329.3M12$438.2M13$443.0M14$339.0M6$283.8M6$298.5M6
Gross profit$446.5M10$434.5M11$419.0M12$574.6M13$604.2M14$523.1M6$439.1M6$460.5M6
Selling, general and admin$404.9M10$407.5M11$377.3M12$456.3M13$486.3M14$455.8M6$419.2M6$439.3M6
Operating expenses$456.3M13$486.3M14$455.9M6$419.0M6$438.8M6
Income before tax$118.5M13$119.5M14$72.7M6$26.2M6$26.8M6
Income tax$10.1M10$6.9M11$17.6M12$27.7M13$30.1M14$16.4M6$6.2M6$7.1M6
Net income$30.3M10$21.9M11$59.1M12$90.8M13$89.4M14$56.3M6$20.0M6$19.7M6

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The story

Havertys was founded by James Joseph (J.J.) Haverty and his brother Michael in 1885. The first store was located at 14 East Hunter Street (now 117 Martin Luther King Jr. Drive) in Atlanta, Georgia. By the third year, the new company moved to a larger location.

In 1889, J.J. and Michael entered a partnership with the owner of a neighboring furniture store, Amos G. Rhodes, forming the Rhodes-Haverty Furniture Company. A year and a half after the first Rhodes-Haverty store opened, J.J. Haverty moved westward to St. Louis, Missouri with his family to expand, and soon after bought interest in a number of smaller showrooms. It was not until 1894 that J.J. returned his family to Atlanta and went on the road to open more stores. By 1908, 17 stores were open and thriving.

J.J. Haverty's son Clarence, who first began in the business by sweeping floors, rose to a leadership position and wished for a larger role in the business. The partnership with Rhodes was dissolved amicably and, with the flip of a coin, 16 of the stores were divided between Rhodes and Haverty. The main Atlanta location was purchased outright by J.J. Haverty and the business took back its original name of Haverty Furniture Company.

Following the split with Rhodes, the company expanded across the South. The Atlanta headquarters outgrew their facility and moved to a larger six-story building in 1924. Also during this period, J.J. Haverty and Amos Rhodes formed another partnership, this time to erect the Rhodes-Haverty Building, which would remain Atlanta's tallest structure until 1954.

In the late 1920s, the company took advantage of the booming stock market and went public. The stock sale took place on October 1, 1929. Four weeks later, the market crashed. Havertys' strong financial positions enabled the company to weather the difficult years ahead.

Clarence Haverty, who had run the business for many years, was officially named president in 1938, at which time his father J.J. became chairman of the board. In October 1939, just short of his 81st birthday, founder J.J. Haverty died.

In December 1941, the United States entered World War II and the company's business struggled due to the rationing of furniture production materials. When the war ended, pent-up demand for consumer goods caused sales to surge. The company seized the opportunity to remodel older stores and open new locations. Clarence Haverty's son, Rawson, returned from war and assumed the position of Corporate Secretary.

The company continued to prosper during the 1950s. By 1955, there were 38 stores across ten states. Clarence Haverty decided to step down as president and Rawson took on the role. By 1960, the year of the company's 75th anniversary, Havertys added four more locations. That year also saw the death of Clarence Haverty at the age of 79.

Read the full text

By the end of the 1960s, retail trends were changing and downtown stores were replaced by stores closer to the growing suburban populations. Rawson Haverty led the company through this transition as president and chief executive officer until 1984, when he was elected as chairman of the board. Another of the founder's grandsons, Frank McGaughey, Jr., who had been with the company since 1947, accepted the title of president.

In the late 1980s, Havertys embarked upon a comprehensive revitalization program, upgrading most of the company's stores. Enhanced lighting and display areas were the primary improvements, with some stores also expanding in size. The revitalization included closing the last downtown Atlanta store. Havertys remained the area's largest furniture retailer, with locations distributed throughout the metropolitan area.

Frank McGaughey, Jr. added CEO to his title in addition to president in 1990. He held this post until his retirement in 1994, when John E. Slater was named president and CEO. Slater joined the company in 1956 and had spent his entire career with Havertys.

In August 1998, the company's stock listing moved from the NASDAQ Exchange to the New York Stock Exchange.

As Havertys witnessed the turn of another century, the company underwent many changes. An initiative began to develop Havertys' own brand of furniture, starting with just a few items in February 2000. Most of the company's sales volume is now of merchandise exclusively designed, sourced and produced under the Havertys brand.

Progress continued and 100 stores were in business by the beginning of 2001, when the furniture retailer saw another change in leadership. Rawson Haverty retired from the board and took the title chairman emeritus. Grandson of J.J. Haverty, Clarence (Clancy) H. Ridley, elected to the board of directors in 1979, took Rawson's place as chairman of the board. Clancy provided continuity and guidance when J.J.'s great-grandson Clarence H. Smith, who spent his entire career experiencing all facets of the company, became president and CEO in 2002. Rawson Haverty continued to attend board meetings until his death in 2007 at the age of 86. Frank MaGaughey, Jr. also died soon after in 2008 at the age of 84.

Growth of the internet presented Havertys with another opportunity and in 2007 the company revamped the website. By March 2008, customers could browse through products and make purchases online.

In 2002, Havertys built their southeastern distribution center in Braselton, Georgia. Since then, it has grown to more than 800,000 sq. ft.

The year 2010 marked yet another change for company leadership as L. Phillip Humann succeeded Clancy Ridley as chairman of the board. Clancy was elected chairman emeritus.

In 2012, President and CEO Clarence H. Smith, who had been a member of the board of directors since 1989, succeeded L. Phillip Humann as chairman of the board. Mr. Humann remains a member of the board, as lead director.

Havertys has expanded to three distribution centers to support over 100 showrooms in 16 states.

From Wikipedia’s article on Havertys, shared under CC BY-SA 4.0.8

Leadership

Who has led Havertys, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (34)

Products and brands

Over the years, Havertys has contributed time, labor, money and furnishings to national causes such as United Way, American Red Cross, the American Cancer Foundation, the American Heart Association and many more.

In 2010, the company became a national sponsor of the American Cancer Society: Making Strides Against Breast Cancer walk.

Furnishings and accessories were donated to families featured on Extreme Makeover: Home Edition. In several instances, local employees volunteered their time to help in the process.

In the Atlanta area, Havertys has made an impact on the High Museum of Art, MARTA, Saint Joseph's Hospital and many charities associated with the Catholic Archdiocese of Atlanta.

From Wikipedia’s article on Havertys, shared under CC BY-SA 4.0.8

Timeline

  1. Jan 24, 2025New chief executive Steven G. Burdette becomes CEO20
  2. Jan 11, 2006New chief executive Clarence H. Smith becomes CEO21
  3. 1998Went public Listed on NYSE1
  4. 1885Founded Founded1

Filings

302 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 34 major events, 193 insider forms, 30 large holders, 25 other. The latest 20:

  1. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  2. Aug 17, 2026144 EDGAR
  3. Aug 4, 202610-Q EDGAR
  4. Aug 4, 20268-K EDGAR
  5. Jul 23, 2026SCHEDULE 13G EDGAR
  6. Jul 2, 20268-K EDGAR
  7. May 29, 2026SD EDGAR
  8. May 14, 20268-K EDGAR
  9. May 12, 20264 PRIMARY DOCUMENT EDGAR
  10. May 12, 20264 PRIMARY DOCUMENT EDGAR
  11. May 12, 20264 PRIMARY DOCUMENT EDGAR
  12. May 12, 20264 PRIMARY DOCUMENT EDGAR
  13. May 12, 20264 PRIMARY DOCUMENT EDGAR
  14. May 12, 20264 PRIMARY DOCUMENT EDGAR
  15. May 12, 20264 PRIMARY DOCUMENT EDGAR
  16. May 12, 20264 PRIMARY DOCUMENT EDGAR
  17. May 12, 20264 PRIMARY DOCUMENT EDGAR
  18. May 12, 20264 PRIMARY DOCUMENT EDGAR
  19. May 12, 20264 PRIMARY DOCUMENT EDGAR
  20. May 12, 20264 PRIMARY DOCUMENT EDGAR

The 302 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

28 open-market trades by officers, directors and large owners since October 2021: 0 buys and 28 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 17, 2026SMITH CLARENCE HDirectorSale20,991$28.16$591.1KForm 4
Dec 12, 2025HAVERTY RAWSON JRDirectorSale7,500$24.86$186.4KForm 4
Dec 11, 2025HAVERTY RAWSON JRDirectorSale2,331$24.90$58.0KForm 4
Nov 19, 2025HAVERTY RAWSON JRDirectorSale4,523$22.42$101.4KForm 4
Sep 17, 2025HAVERTY RAWSON JRDirectorSale10,003$23.10$231.1KForm 4
Sep 16, 2025HAVERTY RAWSON JRDirectorSale14,997$23.02$345.2KForm 4
Aug 27, 2025HAVERTY RAWSON JRDirectorSale15,000$22.84$342.6KForm 4
Jun 17, 2025HAVERTY RAWSON JRDirectorSale25,000Form 4
Jun 12, 2025HAVERTY RAWSON JRDirectorSale8,500Form 4
Jun 11, 2025HAVERTY RAWSON JRDirectorSale1,500$20.67$31.0KForm 4
May 22, 2025HAVERTY RAWSON JRDirectorSale3,222$20.49$66.0KForm 4
Mar 10, 2025HAVERTY RAWSON JRDirectorSale10,000Form 4
Mar 7, 2025HAVERTY RAWSON JRDirectorSale16,000Form 4
Feb 29, 2024BURDETTE STEVEN GPresident and CEOSale6,500$34.35$223.3KForm 4
Dec 7, 2023Gill John LinwoodEVP, MerchandisingSale4,000$32.47$129.9KForm 4
Nov 15, 2023HAVERTY RAWSON JRDirectorSale3,519$31.57$111.1KForm 4
Aug 30, 2023PALMER VICKI RDirectorSale25,000$31.16$779.0KForm 4
May 19, 2023MANGUM MYLLE HDirectorSale5,158$26.28$135.6KForm 4
Mar 9, 2023Hare Richard BEVP, CFOSale7,100$32.29$229.3KForm 4
Mar 7, 2023SMITH CLARENCE HDirectorSale13,880$34.29$475.9KForm 4

All 28 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Pzena Investment Management LLC1,563,451$39.9M0.1%+103,303
BlackRock, Inc.1,532,639$39.1M0.0%+121,951
Dimensional Fund Advisors LP936,118$23.9M0.0%−4,946
Renaissance Technologies LLC679,713$17.4M0.0%−40,117
Vanguard Capital Management LLC592,696$15.1M0.0%+496
American Century Companies Inc572,731$14.6M0.0%+31,997
Cambria Investment Management, L.P.373,803$9.5M0.5%−72,223
Geode Capital Management, LLC353,791$9.0M0.0%+24,192
Arrowstreet Capital, Limited Partnership334,359$8.5M0.0%No change
State Street Corp322,612$8.2M0.0%+18,816
Hotchkis & Wiley Capital Management LLC318,051$8.1M0.0%−34,470
Kanen Wealth Management LLC291,400$7.4M1.8%New
Charles Schwab Investment Management Inc255,905$6.5M0.0%−69,934
Vanguard Portfolio Management LLC237,276$6.1M0.0%+19,282
Deprince Race & Zollo Inc232,560$5.9M0.1%+75,847
Goldman Sachs Group Inc204,502$5.2M0.0%−34,246
Russell Investments Group, Ltd.195,543$5.0M0.0%+82,366
Hodges Capital Management Inc.183,000$4.7M0.3%−26,800
Bridgeway Capital Management, LLC166,331$4.2M0.1%−7,944
Jacobs Levy Equity Management, Inc162,868$4.2M0.0%−11,972
Bank of New York Mellon Corp161,477$4.1M0.0%+6,506
CWA Asset Management Group, LLC144,000$3.7M0.1%No change
Northern Trust Corp139,486$3.6M0.0%+8,313
Empowered Funds, LLC119,516$3.1M0.0%+2,014
Morgan Stanley113,234$2.9M0.0%−986

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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