Interviews
News Flash
Havertys' November sales decrease
06 Dec '07
1 min read
HAVERTY FURNITURE COMPANIES INC reported sales for the month ended November 30, 2007. Havertys' November sales decreased 7.7% to $72.6 million, compared with $78.6 million in November 2006.
On a comparable-store basis, November sales decreased 10.7%. Comparable-store sales do not include stores or locations opened, closed or otherwise non-comparable during the last 12 months.
Sales for the eleven months of 2007 decreased 9.1% to $713.8 million compared with $785.2 million in 2006. On a comparable-store basis, sales decreased 10.9% for the eleven months.
Clarence H. Smith, president and chief executive officer, said, "Our November sales results were not out of line with our expectations given the housing weakness in many of our markets and mortgage financing concerns. These and other factors continue to cause a challenging environment for retail sales of home furnishings."
On a comparable-store basis, November sales decreased 10.7%. Comparable-store sales do not include stores or locations opened, closed or otherwise non-comparable during the last 12 months.
Sales for the eleven months of 2007 decreased 9.1% to $713.8 million compared with $785.2 million in 2006. On a comparable-store basis, sales decreased 10.9% for the eleven months.
Clarence H. Smith, president and chief executive officer, said, "Our November sales results were not out of line with our expectations given the housing weakness in many of our markets and mortgage financing concerns. These and other factors continue to cause a challenging environment for retail sales of home furnishings."
Havertys Furniture Companies Inc
Popular News
Leave your Comments
Editor’s Pick
Folker Stachetzki
Brother Internationale Industriemaschinen GmbH
Dr. Michael Duetsch & Man Woo Lee
UPM Biochemicals and Dongsung Chemical
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
