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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (4083)2/9/1998 1:49:00 AM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
They do furniture, Tom: Haverty Furniture. I stumbled on it when I was trying out the AAII Stock Investor s/w using a Graham-based scan. I think AAII calls it Graham's Enterprise scan. It's never shown up in a scan on any system since! :-) Same store sales have been pretty solid, but it was ignored for several months. Plus, I get a small dividend. Hmmmm. Make that a tiny dividend! :-)

Bruce



To: OldAIMGuy who wrote (4083)2/11/1998 5:14:00 AM
From: Bruce A. Bowman  Respond to of 18928
 
Hi Tom- News on HAVT today which gives a flavor for type of store...

Bruce
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ATLANTA, Feb. 10 /PRNewswire/ -- Haverty Furniture Companies, Inc. (Nasdaq: HAVT - news and HAVTA - news), and Furniture Brands International today jointly announced a strategic alliance whereby Havertys will allocate, upon full implementation of the program, up to one-half of its retail space in all of its stores to the prominent display of products manufactured by Furniture Brands' companies. Furniture Brands will provide Havertys with increased service support to each of its five regional distribution centers. Management at both companies stated that they will begin the program by the second quarter of this year, and expect that it will be fully implemented by mid 1999.

John E. Slater, Jr., President and Chief Executive Officer of Havertys, stated, ''Furniture Brands manufactures products under three of the best known brand names in the industry - Broyhill, Lane and Thomasville. While Havertys has already been displaying and selling...''

Havertys, which is ranked as the fifth largest U.S. furniture retailer, operates 97 showrooms in 13 states providing its customers with a wide selection of quality merchandise in middle- to upper-middle price ranges. Furniture Brands is the largest manufacturer of residential furniture in the United States and manufactures...

Havertys website: www.havertys.com.