BNET Industries

Haverty Furniture Companies Inc.

(HVT) is in the Manufacturing Industry

Market Cap:$211.7M
Last Fiscal Year Sales:$787.0M
  • Public
  • US
Dow Jones Description

Unless the context indicates otherwise, references to Havertys, the Company, we, us, and our refer to the consolidated operations of Haverty Furniture Companies, Inc. and its subsidiaries. General Havertys is a specialty retailer of residential furniture and accessories. We provide our customers with a wide selection of products and styles primarily in the middle to upper-middle price ranges. As an added convenience to our customers, we offer financing through an internal revolving charge credit plan as well as a third-party finance company. Havertys originated as a family business in 1885 in Atlanta, Georgia with one store and made deliveries using horse-drawn wagons. The Company grew to 18 stores and accessed additional capital for growth through its initial public offering in October 1929. Havertys has grown to over 120 stores in 17 states in the Southern and Midwest regions. All of our stores are operated using the Havertys name and we do not franchise our stores. Based on 2007 revenues and as reported by Furniture Today , we were one of the top 20 largest retailers of furniture in the country. We believe that we are an effective and significant competitor in our markets.

Chief Executive Officer
Clarence H. Smith
Number of Employees 3,560
Contact Information

780 Johnson Ferry Rd Ste 800

Atlanta, Georgia 30342

havertys.com

(404) 443-2900

NAICS Code Wood Kitchen Cabinet and Countertop Manufacturing: 337110

Recent Events

  • Market Report -- In Play HVT

    11/11/09 - Stock Split / Dividend - View Story

  • Havertys Reports Third Quarter Profit

    11/12/09 - Financial Announcement - View Story

  • Haverty HVT Shares Rise as Raymond James Upgrades to Outperform

    10/12/09 - Bond / Stock Rating - View Story

  • Analyst boosts Haverty Furniture to 'Outperform'

    10/12/09 - Financial Announcement - View Story

  • Havertys Reports Loss for Second Quarter 2009

    8/12/09 - Financial Announcement - View Story

  • Haverty Furniture Companies Q2 sales down 23%

    7/13/09 - Financial Announcement - View Story

News & Analysis

haverty furniture companies inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Clarence H. Smith Chief Executive Officer
Fred L. Schuermann President
Allan J. Deniro Chief People Officer
Dennis L. Fink Chief Financial Officer
J. Edward Clary Chief Information Officer and Senior Vice President, Distribution
M. Tony Wilkerson Executive Vice President, Mdsg
Steven G. Burdette Executive Vice President, Stores
Tony Wilkerson Executive Vice President
Dewey Gallagher Richard Senior Vice President
Rawson Haverty Jr. Senior Vice President, Real Estate
Thomas P. Curran Senior Vice President, Marketing
Bart Iest Vice President, Audit
Bart J. Vander Iest Vice President, Internal Audit
Bartel J. Vander Iest Vice President, Internal Audit
Janet E. Taylor Vice President and General Counsel
Jenny Hill Parker Vice President, Secy. & Treasurer.
Justin P. Seamonds Vice President
Matt C. Scalf Vice President, Import Services
Rhonda J. Wolf Vice President, Merchandising
Scott T Miles Vice President, Stores
Steven M. Langer Vice President, Supply Chain
Bart J Vander
Betty H Smith
Mylle H. Mangum Director
Mangum Mylle Director
Myldred H. Mangum Director

Board of Directors

Name (plus bio) Position
Clarence H. Ridley Chairman of the Board
John T. Glover Chairman of Audit Committee
Al Trujillo Board of Directors
Ben M. Haverty Board of Directors
Frank S. McGaughey Board of Directors
L. Phillip Humann Board of Directors
Terence F. McGuirk Board of Directors
Vicki R. Palmer Board of Directors

Organization Position Status
Haverty Furniture Companies, Inc. Chief Executive Officer Current
Haverty Furniture Companies, Inc. President Current
Marist School Board of Directors Current
Oxford Industries, Inc. Director Current
Haverty Furniture Companies, Inc. Board of Directors Current
Marist School Trustee Current
Haverty Furniture Companies, Inc. Chief Operating Officer Former
The Limited Stores Senior Vice President, General Manager Former
Haverty Furniture Companies, Inc. Senior Vice President Former
Haverty Furniture Companies, Inc. General Manager, Stores Former

Organization Position Status
Haverty Furniture Companies, Inc. President Current
Haverty Furniture Companies, Inc. Board of Directors Current
La-Z-Boy Incorporated Team Member Former

Organization Position Status
Haverty Furniture Companies, Inc. Chief People Officer Current
Haverty Furniture Companies, Inc. Vice President, Human Resources Former
Brach's Confections, Inc. Vice Chairman Former

Organization Position Status
Haverty Furniture Companies, Inc. Chief Financial Officer Current
Haverty Furniture Companies, Inc. Executive Vice President Current
Haverty Furniture Companies, Inc. Board of Directors Current
Horizon Industries Limited Chief Financial Officer Former
Horizon Industries Limited Senior Vice President Former
Horizon Industries Limited Treasurer Former

Organization Position Status
Haverty Furniture Companies, Inc. Chief Information Officer and Senior Vice President, Distribution Current
Haverty Furniture Companies, Inc. Vice President, Management Information Services Former

Organization Position Status
Haverty Furniture Companies, Inc. Executive Vice President, Mdsg Current

Organization Position Status
Haverty Furniture Companies, Inc. Executive Vice President, Stores Current
Haverty Furniture Companies, Inc. Senior Vice President Former

Organization Position Status
Haverty Furniture Companies, Inc. Executive Vice President Current

Organization Position Status
Haverty Furniture Companies, Inc. Senior Vice President Current

Organization Position Status
Haverty Furniture Companies, Inc. Senior Vice President, Real Estate Current
Serenbe Community Current
The Center for Ethics Board of Directors Current
High Museum of Art Board of Directors Current

Senior Vice President, Marketing since 2005. Vice President, Advertising and Internet Strategies, from 2000 to 2005. Vice President, Advertising, from 1987 to 2000. His focus has been almost exclusively on advertising since joining the Company in 1982.

Organization Position Status
Haverty Furniture Companies, Inc. Senior Vice President, Marketing Current

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Audit Current

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Internal Audit Current

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Internal Audit Current

Organization Position Status
Haverty Furniture Companies, Inc. Vice President and General Counsel Current
King & Spalding LLP Partner Former
Haverty Furniture Companies, Inc. General Counsel Former

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Secy. & Treasurer. Current
Haverty Furniture Companies, Inc. Board of Directors Current
KPMG International Senior Manager Former

Organization Position Status
Haverty Furniture Companies, Inc. Vice President Current
Haverty Furniture Companies, Inc. Controller Current
Haverty Furniture Companies, Inc. Board of Directors Current
Haverty Furniture Companies, Inc. Chief Financial Officer Former

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Import Services Current
Haverty Furniture Companies, Inc. Director of Import Services Former

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Merchandising Current

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Stores Current
Haverty Furniture Companies, Inc. Manager Former

Organization Position Status
Haverty Furniture Companies, Inc. Vice President, Supply Chain Current

Organization Position Status
Haverty Furniture Companies, Inc. Current
Havertys Former

Organization Position Status
Haverty Furniture Companies, Inc. Current

Organization Position Status
Roark Capital Group, Inc. Current
Havertys Chairman of the Board Current
Haverty Furniture Companies, Inc. Chairman of the Board Current
The Carter Center Board Member Current
Crawford & Company Director Current
High Museum of Art Board Member Current
Saint Joseph's Health System Board of Directors Current
Health System Board of Directors Current
King & Spalding LLP Partner Former
Emory University Chairman Former
Havertys Vice Chairman Former
Haverty Furniture Companies, Inc. Vice Chairman Former
University of Virginia J.D. Former
Harvard Business School MBA Former
Yale University Bachelor of Arts degree Former

Organization Position Status
Haverty Furniture Companies, Inc. Chairman of Audit Committee Current
Emory University Board of Directors Current
Haverty Furniture Companies, Inc. Director Current
Emory Healthcare Director Current
Post Properties, Inc. Vice Chairman Former

Organization Position Status
International Banking Technologies Chairman and CEO Current
Design Build Concepts, Inc. Chief Executive Officer Current
Ibt Enterprises, LLC. CEO Current
Possible Woman Enterprises, Inc. Current
Collective Brands Inc. Compensation, Nominating and Governancecommittee, Chairman Current
Ibt Enterprises, LLC. Chairman Current
Haverty Furniture Companies, Inc. Chairman Current
Scientific-Atlanta, Inc. Board of Directors Current
Matria Healthcare, Inc. Director Current
Philips Respironics Director Current
Emageon Inc. Director Current
Barnes Group Inc. Board of Directors Current
IBT, Inc. Chief Executive Officer Former
Ibt Holdings CEO Former
BellSouth International President Former
Holiday Inn Worldwide President, Strategic Management Former
Carlson Wagonlit Travel Senior Vice President of Strategic Planning and Expense Management Former
BellSouth Corporation Director, Corporate Planning and Development Former
Ibt Holdings Chairman Former
Collective Brands Inc. Board of Directors Former
Emory University Bachelor of Arts Degree Former

Mr. Trujillo has served as President and Chief Executive Officer of Recall Corporation, a global information management company, since February 2002. Recall Corporation is a subsidiary of Brambles Industries, Ltd. located in Sydney, Australia. Prior to his current position he was President of Recall Americas, a division of Recall Corporation. Mr. Trujillo is an Advisory Board Member of the College of Engineering at Georgia Tech Institute of Technology. He currently serves on Havertys Governance Committee.

Organization Position Status
Haverty Furniture Companies, Inc. Board of Directors Current

Organization Position Status
Haverty Furniture Companies, Inc. Board of Directors Current
Haverty Furniture Companies, Inc. Reg Manager Former

Mr. McGaughey has served as a partner in the law firm of Bryan Cave LLP (formerly Powell Goldstein LLP) since 1980. Mr. McGaughey is a member of the Board of Trustees of the Woodruff Arts Center and chairman of the Sara Giles Moore Foundation. He currently serves as chairman of Havertys' Governance Committee and as a member of the Executive Committee.

Organization Position Status
Bryan Cave Llp Partner Current
The Sara Giles Moore Foundation Chairman Current
Haverty Furniture Companies, Inc. Board of Directors Current

Organization Position Status
Equifax Inc. Board of Directors Current
Haverty Furniture Companies, Inc. Board of Directors Current
Coca-Cola Enterprises Inc. Board of Directors Current
SunTrust Bank, North Florida, N.A. President Former
SunTrust Banks, Inc. Chairman Former
SunTrust Banks, Inc. Board of Directors Former

Organization Position Status
Haverty Furniture Companies, Inc. Director Current
Scientific-Atlanta, Inc. Director Current
Philips Respironics Director Current
Emageon Inc. Director Current
The Doctor Dalai Director Current
Holiday Inn Worldwide Executive Vice President Former

Organization Position Status
Matria Healthcare, Inc. Chief Executive Officer of Ibt Enterprises Current
Barnes Group Inc. Director Current
Haverty Furniture Companies, Inc. Director Current
Matria Healthcare, Inc. Board of Directors Current
Emageon Inc. Director Current
Philips Respironics Director Current
Holiday Inn Worldwide President, Strategic Management Former
Carlson Wagonlit Travel President Former
Holiday Inn Worldwide Executive Vice President Former
Carlson Wagonlit Travel Senior Vice President, Strategic Planning and Expense Management Former

Organization Position Status
Atlanta National League Baseball Club, Inc. Chairman & CEO Current
Atlanta Braves President Current
Atlanta Braves Chairman Current
The Westminster Schools Board of Directors Current
Sea Island Company Director Current
Turner Broadcasting System, Inc. Chief Executive Officer Former
Turner Broadcasting System, Inc. Chairman Former

VICKI R. PALMER is Executive Vice President, Financial Services and Administration, Coca-Cola Enterprises Inc. ("CCE"), Atlanta, Georgia, a bottler of soft drink products. Until January 2004, Ms. Palmer served as Corporate Senior Vice President, Treasurer, and Special Assistant to the CEO of CCE. Ms. Palmer is a director of one other public company, Haverty Furniture Companies, Inc. She has been a director since 1993.

Organization Position Status
First Horizon National Corporation Board of Directors Current
Woodward Academy Board of Directors Current
Haverty Furniture Companies, Inc. Board of Directors Current
Spelman College Board of Directors Current
Coca-Cola Enterprises Inc. Special Assistant To the CEO Former
Coca-Cola Enterprises Inc. Executive Vice President, Financial Services & Administration Former
Spelman College trustee Former
Coca-Cola Enterprises Inc. Special Assistant Former
First Horizon National Corporation Committee Chair for Audit Committee Former
Coca-Cola Enterprises Inc. Treasurer Former

Executive News

  • Coca-Cola Enterprises Inc. Establishes The Vicki R. Palmer Scholarship Program

    Business Wire - 8/24/09 - View Story

  • Coke Enterprises begins scholarship at Spelman

    Atlanta Business Chronicle - 8/24/09 - View Story

  • Haverty Furniture Companies Q2 sales down 23%

    TradingMarkets - 7/13/09 - View Story

  • Haverty Furniture Q2 Comps Plunge 22.6% - Update

    RTTNews.com - 7/09/09 - View Story

  • Havertys Reports Sales for Second Quarter

    PR Newswire via Yahoo! - 7/09/09 - View Story

  • Haverty's sales plunge 23% in Q2

    Atlanta Business Chronicle - 7/09/09 - View Story

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     HVT $12.10 +0.04 (0.33% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 61,719
Shares Outstanding 17.50M
Market Cap 211.7M
Year High 13.37
Year Low 7.61
Earnings Per Share -1.05
P/E Ratio -11.52
Dividend 0.27
Yield 2.23
IndustryTop Rated
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