Haverty Furniture Companies IncHVT
▲ PositiveCapitalrelevance
Q2 EPS doubled to $0.32 on 7.7% sales growth, with margin expansion and tariff refunds boosting results.
Impact on stocks 1
Consumer Discretionary
Haverty Furniture Companies IncHaverty Furniture reported second-quarter 2026 earnings per share of $0.32, doubling the $0.16 from a year ago, as net sales rose 7.7% to $194.9 million with comparable store sales up 8%. Total written sales increased 12.6%, with comps up 12.3%, and gross margin expanded 60 basis points to 61.4%. The company received $2.1 million in IEEPA tariff refunds, of which $1.5 million reduced cost of goods sold, and expects potential future refunds from third-party suppliers to help offset cost pressures from fuel increases and new Section 301 tariffs. Haverty opened two new stores during the quarter, plans six more in the second half of the year, and reaffirmed full-year gross margin guidance of 60.5% to 61%.
Haverty Furniture Companies IncQ2 EPS doubled to $0.32 on 7.7% sales growth, with margin expansion and tariff refunds boosting results.