Revenue: As of FY2026 Q2, the actual value is USD 194.94 M.

EPS: As of FY2026 Q2, the actual value is USD 0.32.

EBIT: As of FY2026 Q2, the actual value is USD 6.494 M.

Second Quarter 2026 vs. Second Quarter 2025 (Three Months Ended June 30)

Consolidated Sales

Haverty Furniture Companies, Inc. reported consolidated sales of $194.9 million, an increase of 7.7% from $181.0 million in the prior year period.

Gross Profit

Gross profit was $119.7 million, up from $110.1 million.

Gross Profit Margin

The gross profit margin was 61.4%, compared to 60.8%. Excluding the impact of approximately $1.5 million in IEEPA tariff refunds, the gross margin was 60.7% in 2026, compared to 60.8% in 2025.

Selling, General and Administrative (SG&A) Expenses

SG&A expenses were 58.0% of sales, down from 59.3%. Total SG&A was $113.2 million, compared to $107.3 million, an increase of $5.8 million, primarily driven by a $3.1 million rise in selling expense and a $2.8 million increase in administrative expenses. Variable SG&A was $37.6 million (19.3% of sales) compared to $33.3 million (18.4% of sales). Fixed SG&A was $75.6 million (38.7% of sales) compared to $74.0 million (40.9% of sales).

Net Income

Net income was $5.3 million, up from $2.7 million. Net income as a percentage of sales was 2.7%, compared to 1.5%.

Pre-tax Income

Pre-tax income was $7.4 million, compared to $4.3 million. Pre-tax income as a percentage of sales was 3.8%, compared to 2.4%.

Six Months Ended June 30, 2026 vs. 2025

Consolidated Sales

Total sales were $384.0 million, up from $362.6 million.

Gross Profit

Gross profit was $235.9 million, compared to $221.2 million.

Gross Profit Margin

The gross profit margin was 61.4%, compared to 61.0%. Excluding the impact of IEEPA tariff refunds, the gross profit margin was 61.1% in 2026, compared to 61.0% in 2025.

Selling, General and Administrative (SG&A) Expenses

SG&A expenses were 58.4% of sales, compared to 59.2%. Total SG&A was $224.4 million, compared to $214.5 million. Variable SG&A was $73.9 million (19.2% of sales) compared to $67.0 million (18.5% of sales). Fixed SG&A was $150.6 million (39.2% of sales) compared to $147.5 million (40.7% of sales).

Net Income

Net income was $9.6 million, up from $6.5 million. Net income as a percentage of sales was 2.5%, compared to 1.8%.

Pre-tax Income

Pre-tax income was $13.4 million, compared to $9.6 million. Pre-tax income as a percentage of sales was 3.5%, compared to 2.7%.

EBITDA

EBITDA was $23.8 million, compared to $18.7 million.

Operating Cash Flow

Operating cash flow was $21.4 million, compared to $13.4 million.

Capital Expenditures

Haverty Furniture Companies, Inc. invested $13.1 million in capital expenditures.

Free Cash Flow

Free cash flow was $8.3 million, compared to $1.7 million.

Share Repurchases

The company purchased approximately 723,000 shares of common stock for $16.6 million, including 600,000 shares repurchased for approximately $13.9 million in June 2026.

Dividends Paid

Haverty Furniture Companies, Inc. paid $10.6 million in quarterly cash dividends.

Cash, Cash Equivalents, and Restricted Cash Equivalents

At June 30, 2026, cash, cash equivalents, and restricted cash equivalents totaled $111.0 million.

Debt and Credit Availability

There was no debt outstanding at June 30, 2026, and credit availability increased to $100 million from $80 million after an amendment to the revolving credit facility.

Operational Metrics

Written Business Growth

Total written business increased 12.6% for the quarter, and comparable-store written business increased 12.3%.

Design Consultant Contribution

Design consultants accounted for 36.5% of written business in 2026, up from 33.4% in 2025.

Store Expansion

Two new stores were opened in Fenton, Missouri, and Mt. Juliet, Tennessee. The company is on track to open five additional stores and complete one relocation, increasing its store count to 133 by year-end, and extending its footprint to 18 states with entry into Pittsburgh, Pennsylvania.

Sales per Square Foot

Sales per square foot increased to $170, from $161.

Average Ticket

The average ticket increased to $3,786, from $3,350.

Outlook / Guidance

Haverty Furniture Companies, Inc. expects full-year 2026 gross profit margins to remain between 60.5% and 61.0%, with fixed and discretionary SG&A expenses anticipated in the $307.0 million to $309.0 million range. Variable SG&A expenses are projected to be between 18.7% and 18.9%, an increase from previous guidance due to higher selling expenses. Planned capital expenditures for 2026 are approximately $34.0 million, an increase attributed to store growth.