/Havertys' August sales up 12.7%

Havertys' August sales up 12.7%

ATLANTA (PR) — Haverty Furniture Companies said August sales increased 12.7% to $77.1 million, compared with $68.4 million in August 2012.


On a comparable-store basis, August sales increased 10.3%. Comparable-store sales do not include stores or locations opened, closed or otherwise non-comparable during the last 12 months.

Sales for the first eight months of 2013 increased 6.7% to $570.6 million compared with $535.0 million in 2012. On a comparable-store basis, sales increased 4.9% for the first eight months.

“Our August results mark the fourth consecutive month of strong comparable-store sales,” said Clarence H. Smith, president and CEO. “We believe our Havertys Collections merchandise has made a strong connection with our target customer and combined with an improved in- stock position are the driving factors in our sales performance. August total written sales increased approximately 7% over last year and September is off to a very good start as total written business for the first four days, which includes the Labor Day weekend, is up by a mid-teen percentage.

“We opened our first store in the Ft. Lauderdale, Florida area in August near the Sawgrass Mills Mall. During the month we also opened a new store in Cedar Hill, a southern suburb of Dallas, Texas, replacing an older store in the area and closed our store in Texarkana, Texas.”