Haverty Furniture Cos. IncHVT
Price$27.42Intrinsic value$14.5347% below price

Qualitative Analysis

Business overview

Business Overview

Haverty Furniture Companies, Inc. (NYSE: HVT, HVT.A), established in 1885, is a full-service specialty retailer of residential home furnishings and accessories. The company operates over 125 showrooms across 17 states in the Southern and Midwestern regions of the United States, catering primarily to middle to upper-middle income households. Havertys differentiates itself through its personalized free in-home design services, custom order capabilities, and a robust omnichannel platform. The company offers its own branded furniture alongside premium bedding lines from Sealy, Serta, and Tempur-Pedic.

Research as of 19 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

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In-Home Design Program ExpansionGrowth

Enhancing and expanding the complimentary in-home design services program, which serves as a key differentiator and growth driver. The program accounted for 35.3% of written business in Q1 2026, up from 33.2% in Q1 2025, with designer average tickets remaining more than double the overall average ticket [1.2.4].

Expected impact: To drive higher average ticket sizes, increase written business, and strengthen customer loyalty.

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TimelineOngoing throughout 2026
Retail Store Network Expansion and RemodelingExpansion

Expanding the physical retail footprint by opening five net new stores in 2026, including entering the state of Pennsylvania (Pittsburgh) and adding a second store in the St. Louis market, alongside ongoing store remodels and replacements.

Expected impact: To increase market share, expand geographic reach, and leverage fixed distribution infrastructure.

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Investment$27.7 million allocated for new/replacement stores, remodels, and expansions in 2026.
TimelineFull year 2026
Digital Channel and IT Infrastructure UpgradesInnovation

Investing in information systems technology and digital channels to enhance the online presentation, expand product information, and provide customers with easier, more intuitive navigation to support their purchase journey.

Expected impact: To improve product discoverability, enhance the omni-channel customer experience, and support online sales.

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InvestmentPlanned capital expenditures for the full year of 2026 are approximately $34.0 million.
TimelineFull year 2026

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

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Strategic Partnerships

ProtectAllService Partnership

Provides supplemental 5-year furniture protection plans covering wood, leather, fabrics, and hard surfaces against accidental damage, enhancing the customer value proposition and post-purchase confidence [2.1.2].

Terms: Supplemental protection is available to customers for a nominal fee at the time of purchase.

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AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.