Haverty Furniture Companies, Inc. (NYSE:HVT)
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The Company is a specialty retailer of residential furniture and accessories.
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The Company is a specialty retailer of residential furniture and accessories.
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i have been in home furishings 18 yrs. and from expierance i can see haverty's is in a no mans land....there not high end and not low end.. they are medium-high.....they dont have a niche in this economy...sears homelife bankrupt!...modernage bankrupt!...wicks bankrupt!,,,roberds bankrupt...levitz bankrupt...the list goes on and on...haverty's does have clean empty parking lot's
HVT has no debt, and is only getting stronger as competitors drop around them. They are in no danger of going bankrupt, and their product speaks itself. It has a very strong niche, brand and reputation among middle-class, upper middle consumers. Quality is often high-end at medium prices. That kind of quality to price is a winner. Other competitors are far overpriced for the same or lesser quality furniture. Management has done an excellent job at reducing standing/excess inventory, and the company is well positioned for the market recovery. Again, no chance of going bankrupt. Where on earth are you getting this from? America is built around the middle class.