Filing Flows › Haverty Furniture Companies (HVT) › Q2 2025
Haverty Furniture Companies (HVT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Haverty Furniture Companies (HVT) reported revenue of $181M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -0.3% from the quarter before. Operating margin was 2.4%, net earnings $2.7M (1.5% of revenue).
Haverty Furniture Companies, Q2 2025: revenue $181M (+1% year over year), operating margin 2.4%, net earnings $2.7M, operating cash flow $7.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $181M | -0.3% | +1% |
| Gross profit | $110M | -0.9% | +2% |
| Operating profit | $4.3M | -18% | -33% |
| Net earnings | $2.7M | -29% | -39% |
| Operating cash flow | $7.2M | +17% | -50% |
| Free cash flow | $1.6M | 61× | -66% |
What changed
Revenue was $181.0M in Q2 2025, up 1% year over year and roughly flat from the previous quarter. Upholstery was the largest line at 45% of revenue. Upholstery added $2.6M year over year (up 3%), 109% of the total change. Dining Room Furniture declined 9%.
Gross margin was 60.8%, up 0.4 points from a year earlier. Operating profit was $4.3M, a 2.4% margin (down 1.2 points year over year). Operating profit fell $2.1M even though revenue rose $2.4M versus a year earlier, so costs grew faster than sales. Operating expenses grew 4% against revenue growth of 1%. Net earnings were $2.7M, down 39% year over year. The effective tax rate was 37.8%.
Operating cash flow was $7.2M (down 50% year over year), 269% of net earnings. Non-cash charges added back $5.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $3.3M. Capital expenditures of $5.6M left free cash flow of $1.6M.
Questions
What was Haverty Furniture Companies' revenue in the second quarter 2025?
Haverty Furniture Companies (HVT) reported revenue of $181M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -0.3% from the quarter before.
Was Haverty Furniture Companies profitable in the second quarter 2025?
Operating profit was $4.3M (2.4% of revenue) and net earnings $2.7M.