Haverty Furniture Sees Margin-Accretive Growth And Durability In A Challenging Market

Haverty Furniture is rated Strong Buy with a $46.63 price target, reflecting a compelling 5.61x EV/aEBITDA valuation and 5.67% yield. HVT's premium-income customer base and expanding store footprint support durable sales and margin growth, especially if tariff pressures ease into FY26. Gross margins are expected to improve by upwards of 33 bps in FY26, aided by moderating tariffs and inventory reduction, despite inflationary risks to discretionary spending.