--- title: "Haverty Furniture | 8-K: FY2025 Q4 Revenue: USD 201.92 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/276732587.md" datetime: "2026-02-24T12:23:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276732587.md) - [en](https://longbridge.com/en/news/276732587.md) - [zh-HK](https://longbridge.com/zh-HK/news/276732587.md) --- # Haverty Furniture | 8-K: FY2025 Q4 Revenue: USD 201.92 M Revenue: As of FY2025 Q4, the actual value is USD 201.92 M. EPS: As of FY2025 Q4, the actual value is USD 0.51. EBIT: As of FY2025 Q4, the actual value is USD 9.556 M. #### Net Income Net income for the fourth quarter of 2025 was $8.5 million, compared to $8.2 million in the fourth quarter of 2024. For the full year 2025, net income was $19.7 million, a decrease from $20.0 million in 2024. Net income as a percentage of sales was 4.2% for Q4 2025 and 2.6% for FY 2025, compared to 4.4% for Q4 2024 and 2.8% for FY 2024, respectively. #### Gross Profit and Margin Gross profit margin for the fourth quarter of 2025 was 60.4%, down from 61.9% in the prior year period. For the full year, the gross profit margin remained flat at 60.7% in both 2025 and 2024. Excluding the impact of LIFO, the gross profit margin was 62.4% for Q4 2025 and 61.3% for FY 2025, compared to 61.4% for Q4 2024 and 60.6% for FY 2024, respectively. The change in LIFO reserve had a negative impact of - $3.9 million in Q4 2025 and $4.649 million for FY 2025, compared to a positive impact of $0.9 million in Q4 2024 and - $0.807 million for FY 2024. #### Pre-tax Income Pre-tax income for the fourth quarter of 2025 increased to $10.8 million from $9.6 million in Q4 2024. For the full year 2025, pre-tax income was $26.8 million, a slight increase from $26.2 million in 2024. Pre-tax income as a percentage of sales was 5.3% for Q4 2025 and 3.5% for FY 2025, compared to 5.2% for Q4 2024 and 3.6% for FY 2024. #### Selling, General, and Administrative (SG&A) Expenses Total SG&A expenses for Q4 2025 were $112.5 million (55.7% of sales), an increase of $6.6 million from Q4 2024 ($105.8 million, 57.4% of sales). This increase was primarily due to a $2.9 million rise in selling expenses and a $3.1 million increase in administrative expenses. For the full year, total SG&A expenses were $439.3 million (57.9% of sales) in 2025, up from $419.2 million (58.0% of sales) in 2024. Variable SG&A expenses were 18.9% of sales for Q4 2025 and 18.7% for FY 2025, while fixed SG&A expenses were 36.8% of sales for Q4 2025 and 39.2% for FY 2025. #### Cash and Liquidity Cash, cash equivalents, and restricted cash equivalents totaled $131.9 million at December 31, 2025, up from $126.314 million at December 31, 2024. Haverty Furniture Companies, Inc. reported no debt outstanding at December 31, 2025, and had a credit availability of $80.0 million. #### Cash Flow Net cash provided by operating activities for the twelve months ended December 31, 2025, was $52.6 million, down from $58.9 million in 2024. This was primarily influenced by a - $12.7 million increase in inventories, a - $5.2 million decrease in customer deposits, and a $12.3 million decrease in other assets and liabilities, alongside an $8.1 million increase in accrued liabilities and vendor repayments. Capital expenditures were - $19.7 million in 2025, lower than - $32.1 million in 2024. Free cash flow for 2025 was $32.9 million, an increase from $26.8 million in 2024. #### Shareholder Returns Haverty Furniture Companies, Inc. returned $25.6 million to shareholders in 2025, consisting of $4.8 million in share repurchases and $20.8 million in quarterly dividends. For comparison, $25.5 million was returned in 2024, with $5.0 million in share repurchases and $20.5 million in dividends. The Board of Directors approved an additional $15 million authorization for the stock repurchase program, with approximately $18.3 million remaining under existing authorization as of February 24, 2026. #### Other Operational Metrics EBITDA for the twelve months ended December 31, 2025, was $45.5 million, an increase from $41.7 million in 2024. Sales per square foot increased to $167 in 2025 from $164 in 2024, and the average ticket rose to $3,530 in 2025 from $3,371 in 2024. Design consultants accounted for 33.3% of written business in 2025, up from 31.8% in 2024. #### Outlook / Guidance For 2026, Haverty Furniture Companies, Inc. expects gross profit margins to be between 60.5% and 61.0%, with fixed and discretionary SG&A expenses projected in the range of $307.0 million to $309.0 million. Variable SG&A expenses are anticipated to be between 18.6% and 18.8%, and planned capital expenditures are approximately $33.5 million. The company also plans to open five new store locations in 2026, including entering its 18th state in Pittsburgh, Pennsylvania. ### Related Stocks - [HVT.A.US](https://longbridge.com/en/quote/HVT.A.US.md) ## Related News & Research - [Are Wall Street Analysts Predicting Brown-Forman Stock Will Climb or Sink?](https://longbridge.com/en/news/286932286.md) - [TD Synnex Insider Sold Shares Worth $1,147,692, According to a Recent SEC Filing](https://longbridge.com/en/news/286872007.md) - [Elis: Disclosure of the number of shares forming the capital and of the total number of voting rights as of 30 04 2026](https://longbridge.com/en/news/286770212.md) - [China signals UN veto as Iran tightens Hormuz control](https://longbridge.com/en/news/286653338.md) - [Iran and Oman Weigh Permanent Toll System for Hormuz](https://longbridge.com/en/news/287245015.md)