Share this on

Havertys sales down 5.4% in January

Same-store sales slide 8.4%

By Furniture Today Staff -- Furniture Today, February 7, 2008

ATLANTA — Havertys’ January sales slumped 5.4% from the same month a year ago as the Top 100 company worked to control costs in a tough business climate.

Total sales for the month came to $61.3 million, compared with $64.9 million in January 2007. Same-store sales were off 8.4%.

Total written business for the month was down about 8%, said President and CEO Clarence Smith.

“We are carefully controlling our costs, managing our inventory and sustaining our gross margins during this challenging cycle,” he said.

The midpriced retailer operates 123 stores in 17 Southern and Midwestern states.

Share this on

Havertys' sales decline 5.4% in January

Feb 10, 2008

Havertys' sales down 14.2% in May, 11.4% year to date

Jun 10, 2007

Havertys' same-store sales down 15.5% in May

Jun 5, 2007

Havertys’ same-store sales down 6.3% in May

Jun 4, 2008

Havertys earnings down 50% in fourth quarter

Feb 22, 2008

Also by this author

Also by Staff Staff

Featured Company

Surya

For more than 30 years, the name Surya has been synonymous with high quality, innovation and luxury. Our Fall 2009 collections are no exception. Our designers have masterfully created some of the most cutting edge and versatile pieces to date. Encompassing... more

Related Resources

Atlanta International Gift & Home Furnishings Market

Here is a selection of products shown at this month's International Gift & Home Furnishings Market here.

Networking at the 13th annual F/T Leadership Conference

NAPLES, Fla. — Industry executives and guests took the opportunity to network and play golf during down time at Furniture/Today's 13th annual Leadership Conference here this month.