NEWS DETAILS

Havertys Reports on 2014 Third Quarter Business and Announces 2015 Store Openings

Sep 03, 2014 5:04 PM




Atlanta,  Georgia, September 3, 2014  -  HAVERTYS (NYSE: HVT  and HVT.A) reports
its  total  written  business  for  the  third  quarter  to  date  of 2014 is up
approximately  3.1% over the same period last  year and written comparable store
sales  are up approximately 3.5%.  This increase  was driven by a record setting
Labor  Day holiday weekend for which total written business was up approximately
7.4% over the same four day period last year.

The  company has previously reported plans to expand into new markets within its
distribution  network and strengthen  its presence in  key markets.  The planned
changes  will increase Havertys' net selling  square footage by 2.5% in 2015 and
details on the openings of three stores are announced today.

Havertys  will enter the Rogers,  Arkansas market with a  new store scheduled to
open  in the  second quarter  of 2015.  The  29,700-selling-square-foot showroom
will be located in the Pinnacle Hills Promenade.

The  company will  also enter  the growing  Waco, Texas  market as part of a new
phase  of the Central Texas  Marketplace development. The 31,500-selling-square-
foot store is scheduled to open in the third quarter of 2015.

Havertys  is expanding and strengthening its position in southeast Florida.  The
company  currently has  locations in  Boca Raton  and the  Sawgrass area and, as
previously  announced, a  store in  Coconut Creek  is slated  to open  late this
year.   Havertys' expansion in this  area also includes a 40,000-selling-square-
foot store in Fort Lauderdale scheduled to open in the second quarter of 2015.

"The  diversity of  locations of  these new  stores highlights  one of Havertys'
competitive advantages, the ability to merchandise and flow product for regional
tastes and needs," said Clarence Smith, chairman, president and CEO.


About Havertys

Havertys  (NYSE: HVT  and HVT.A),  established in  1885, is a  full-service home
furnishings  retailer  with  119 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 at www.havertys.com.

News releases include forward-looking statements, which are subject to risks and
uncertainties.   Factors that  might cause  actual results  to differ materially
from  future  results  expressed  or  implied by such forward-looking statements
include,  but  are  not  limited  to,  general economic conditions, the consumer
spending environment for large ticket items, competition in the retail furniture
industry  and other  uncertainties detailed  from time  to time in the company's
reports filed with the SEC.

Contact:
Haverty Furniture Companies, Inc., 404-443-2900
Dennis L. Fink
   EVP & CFO
Jenny Hill Parker
   SVP, Finance, Secretary and Treasurer

SOURCE:  Havertys



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Source: Haverty Furniture Company via GlobeNewswire
[HUG#1853642]