Havertys Q1 Sales Down 0.6%

Havertys HVT today reported sales for the quarter ended March 31, 2011. Havertys' sales for the first quarter 2011 decreased 1.2% to $154.2 million, versus $156.0 million for the first quarter of 2010. On a comparable store basis, sales for the quarter decreased 0.6%. Comparable store sales do not include locations opened, closed or otherwise non-comparable during the last 12 months. Total written business for the first quarter of 2011 was down approximately 3.5% compared to the same quarter last year.