Haverty Furniture Companies, Inc. (NYSE:HVT)
CAPS Rating:
The Company is a specialty retailer of residential furniture and accessories.
The Company is a specialty retailer of residential furniture and accessories.
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Have you been in one of these stores? (a) eventually the current generation of old people will no longer be buying furniture and Haverty's massive inventory of old-people furniture will be a liability.(b) in Maryland, furniture stores pop up like some kind of weird gypsy wagon train installations and get crazy Tobagoan immigrants to sell sell crap Haverty knock-offs all over the place. The furniture market is absurd. You want a piece of that? Who is buying this stock?(c) P/E of 61 on a furniture company?