Havertys Q3 Sales Rise 4.5% as Diluted EPS Increases to $0.39

What happened

Havertys reported third-quarter 2026 sales of $203.2 million, up 4.5% from a year earlier, and diluted earnings per share of $0.39, compared with $0.28. Net income rose to $6.3 million from $4.7 million, while gross profit margin was 62.3%, including about $3.2 million in tariff refunds.

Confirmed

Global impact / market context

Higher sales and net income indicate stronger quarterly business, while the tariff refunds contributed to the reported gross profit margin. Excluding those refunds, the margin was 60.7%, so the headline margin improvement partly reflects a one-time benefit rather than only underlying operating performance.

Analyst inference

Comparable-store sales rose 4.1%, and total written business, a measure of customer orders, increased 2.8%. Havertys also reported $127.0 million in cash and no debt outstanding, providing financial capacity as it planned five store openings in the fourth quarter.

Confirmed

What to watch

1. Check whether future results sustain sales growth and higher earnings after the roughly $3.2 million tariff refunds included in this quarter’s reported gross profit margin. Analyst inference
2. Track the five planned fourth-quarter store openings, including Pittsburgh, and whether the company reaches its expected year-end total of 133 stores across 18 states. Proposed
3. Compare subsequent gross profit margin with the 60.7% figure excluding refunds; changes could show whether product costs and selling conditions are improving or worsening. Analyst inference

Evidence

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