Bear of the Day: Havertys (HVT)
Haverty Furniture(HVT) ZACKS·2024-06-07 19:10
Havertys (HVT) continues to face headwinds as the housing market remains slow. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline by the double digits in 2024.Havertys is a full-service home furnishings retailer with 124 showrooms in 17 Southern and Midwest states. It has been in business since 1885.Another Earnings Miss in the First QuarterOn May 1, 2024, Havertys reported its first quarter 2024 results and missed on the Zacks Consensus Estimate. It reported $0.14 versus the consensus of ...