May 25, 2016 2:30 PM
“The decision of our board of directors to provide additional authorization for stock repurchases is reflective of our strong balance sheet and demonstrates confidence in our ability to generate sufficient cash to make important investments in our business and to return value to our stockholders,”
Havertys (NYSE:HVT) and (NYSE:HVT.A), established in 1885, is a full-service home furnishings retailer with 122 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Additional information is available on the company’s website havertys.com.
Contact: Havertys 404-443-2900Source:Jenny Hill Parker SVP, finance, secretary and treasurer