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Haverty Furniture Companies, Inc. ("Havertys") is an American retail furniture company founded in 1885. Beginning with a single store in downtown Atlanta , [2] Havertys has grown to become one of the top furniture retailers in the south and central United States.
Rhodes Furniture had grown to 70 stores by 1990. [6] When bought by Heilig-Meyers in 1996, Rhodes was the fourth-largest furniture retailer in the United States with $430 million in revenue. Heilig-Meyers made the Rhodes stores more upscale, but the plan backfired and customers deserted the stores. Heilig-Meyers sold Rhodes in 1999.
Haverty was born in Atlanta in around 1858, to Irish immigrants Thomas and Margaret Cannon Haverty. Haverty also was a devout Catholic who was named a Knight of St. Gregory by Pope Pius XI and helped found the Cathedral of Christ the King in Atlanta. He began his first job, as a clerk for local dry goods merchant John Ryan, when he was fourteen ...
Haverty Furniture (HVT) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Let's see if Haverty Furniture (HVT) stock is a good choice for value-oriented investors right now from multiple angles.
Haverty Furniture (HVT) delivered earnings and revenue surprises of 61.67% and 0.01%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
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