Haverty Furniture Companies (HVT) reported Q3 2025 results characterized by strong top-line growth but compressed net income due to rising operational costs.
Financial Performance (9 Months Ended Sep 30, 2025): Net Sales increased robustly, up 3.4% YTD to \(557.1M, with Q3 sales growing 10.6% to \)194.5M. However, Net Income declined year-over-year (9M: \(11.2M vs. \)11.8M), resulting in lower Basic EPS (\(0.69 vs. \)0.73 for Common Stock). Profitability pressure stemmed from rising Selling, General, and Administrative (SG&A) expenses, which increased significantly (\(326.9M vs. \)313.4M prior),
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