Haverty Furniture stock: Q3 sales rise as margin expands

Haverty Furniture Companies reported stronger third-quarter results on November 4, 2026, as sales, comparable-store revenue and diluted earnings per share increased from a year earlier. The Atlanta-based home-furnishings retailer also raised its full-year gross-margin outlook after receiving tariff refunds.

According to the Havertys investor release, third-quarter sales rose 4.5% to USD 203.2 million for the period ended September 30. Comparable-store sales increased 4.1%, while total written business grew 2.8% and comparable written business advanced 2.3%.

Tariff refunds lift reported margins

Gross profit margin expanded to 62.3% from 60.3% a year earlier. The company said approximately USD 3.2 million of IEEPA tariff refunds contributed to the increase; excluding those refunds, gross margin was 60.7%.

Net income rose to USD 6.3 million from USD 4.7 million, and diluted earnings per common share increased to USD 0.39 from USD 0.28. Selling, general and administrative expenses increased to 58.6% of sales from 57.8%, reflecting higher selling commissions, third-party credit costs, stock-based compensation and insurance expenses.

Margin guidance moves higher

Havertys now expects full-year 2026 gross profit margin between 61.3% and 61.5%, citing the tariff refunds. The company maintained its forecast for fixed and discretionary selling, general and administrative expenses at USD 307.0 million to USD 309.0 million, while variable expenses are expected at 19.2% to 19.4% of sales.

Management plans five fourth-quarter store openings, including an entry into Pittsburgh, Pennsylvania, and expects to reach 133 stores by year-end. Havertys had 130 showrooms in 17 Southern and Midwestern states when it issued the release.

US retail shares remain part of the broader S&P 500 market environment, where consumer demand, interest rates and input costs continue to shape the outlook for retailers.

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