Heavitree Brewery (LSE:HVTA)
Historical Stock Chart
From Dec 2019 to Dec 2024
Haverty Furniture Reports Sales for October
ATLANTA, Nov. 6 /PRNewswire-FirstCall/ -- HAVERTY FURNITURE COMPANIES, INC.
today reported sales for the month ended October 31, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020207/HVTLOGO)
Havertys' October sales increased 10.0% to $64.8 million compared with $59.0
million in October 2002. On a comparable-store basis, October sales increased
8.3%. Comparable-store sales do not include locations opened, closed or
otherwise non-comparable during the last 12 months. Sales for the first ten
months of 2003 totaled $604.2 million versus $574.5 million for 2002,
representing an increase of 5.2%. On a comparable-store basis, sales increased
0.2% for the first ten months.
Sales in Millions Total Comparable-
(unaudited) Sales Store Sales
2003 2002 % Change % Change
October $64.8 $59.0 + 10.0% + 8.3%
Ten Months $604.2 $574.5 + 5.2% + 0.2%
"Comparable-store sales for October were up 8.3%, marking the fifth consecutive
month of positive sales momentum. We are pleased that the year- to-date comps
are also now in positive territory. New order activity in our comparable stores
increased by a mid single-digit percentage versus October last year," said
Clarence H. Smith, president and chief executive officer.
"October's category leaders for increased sales over last year were bedding,
recliners and formal dining. Sales of Havertys Collections continued to
increase as a portion of the furniture sales mix. Our average dollar sales
transaction and average price per item for the month continued to be modestly
above last year's figures."
Havertys is a full-service home furnishings retailer with 112 showrooms in 14
southern and central states providing its customers with a wide selection of
quality merchandise in middle- to upper-middle price ranges. Additional
information is available on the Company's website at http://www.havertys.com/.
This release includes forward-looking statements, which are subject to risks and
uncertainties. Factors that might cause actual results to differ materially
from future results expressed or implied by such forward-looking statements
include, but are not limited to, general economic conditions, the consumer
spending environment for large ticket items, competition in the retail furniture
industry and other uncertainties detailed from time to time in the Company's
reports filed with the SEC.
Contact for Information: Dennis L. Fink, EVP & CFO or
Jenny H. Parker, VP, Secretary & Treasurer
(404) 443-2900
http://www.newscom.com/cgi-bin/prnh/20020207/HVTLOGODATASOURCE: Haverty
Furniture Companies, Inc.
CONTACT: Dennis L. Fink, EVP & CFO, or Jenny H. Parker, VP, Secretary &
Treasurer, both of Haverty Furniture Companies, Inc., +1-404-443-2900
Web site: http://www.havertys.com/