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HAVERTY FURNITURE COMPANIES INC

For the period ended Mar 31, 2025. Filed May 2, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 2, 2025

HVT$25.14-3.6%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___

Commission file number:1-14445

(Exact name of registrant as specified in its charter)

Maryland58-0281900
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
780 Johnson Ferry Road, Suite 800Atlanta, Georgia30342
(Address of principal executive offices)(Zip Code)
(404) 443-2900
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockHVTNYSE
Class A Common StockHVTANYSE

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x Noo

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x Noo

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non‑accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated fileroAccelerated filerxNon-accelerated filero
Smaller reporting companyoEmerging growth companyo

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ Nox

The numbers of shares outstanding of the registrant’s two classes of $1 par value common stock as of May 1, 2025, were: Common Stock –14,907,855; Class A Common Stock –1,244,976.

INDEX

Page No.
PART I. · FINANCIAL INFORMATION
Item 1. Financial Statements
Condensed Consolidated Balance Sheets –March 31, 2025 (unaudited) and December 31, 20241
Condensed Consolidated Statements of Comprehensive Income –Three Months Ended March 31, 2025 and 2024 (unaudited)2
Condensed Consolidated Statements of Cash Flows –Three Months Ended March 31, 2025 and 2024 (unaudited)3
Notes to Condensed Consolidated Financial Statements (unaudited)4
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations12
Item 3. Quantitative and Qualitative Disclosures about Market Risk15
Item 4. Controls and Procedures15
PART II.OTHER INFORMATION
Item 1. Legal Proceedings16
Item 1A. Risk Factors16
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities16
Item 5. Other Information16
Item 6. Exhibits17
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