On December 29, 2023, Renaissance Technologies, led by Jim Simons (Trades, Portfolio), executed a notable transaction by adding shares of Haverty Furniture Companies Inc (NYSE:HVT). The firm increased its stake in the company by a marginal 0.13%, purchasing an additional 1,100 shares at a trade price of $35.5. This move brought the total shareholding to 838,106 shares, reflecting a strategic addition to the firm's diverse investment portfolio.
Quarterly Results
Earnings per share rose 1055.56% over the past year to $1.04, which beat the estimate of $0.41.
Revenue of $236,491,000 higher by 31.80% year over year, which beat the estimate of $200,570,000.
Looking Ahead
Revenue guidance hasn t been issued by the company for now.
Recent Stock Performance
52-week low: $11.88
Company Profile
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.
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