Havertys Expects 2024 Gross Profit Margins 59.5%-60.0%
Portfolio Pulse from Benzinga Newsdesk
Havertys, identified by its ticker symbol HVT, has projected its gross profit margins for the year 2024 to be between 59.5% and 60.0%.

February 21, 2024 | 10:29 pm
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Havertys projects its 2024 gross profit margins to be between 59.5% and 60.0%, indicating a positive outlook on profitability.
The projection of gross profit margins between 59.5% and 60.0% for 2024 by Havertys suggests a strong and positive outlook on the company's profitability. This is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term as it reflects operational efficiency and effective cost management.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100