Haverty Furniture Companies Inc at Asbury Investor Relations & Stockperks Shareholder Equity Conference (Virtual) Transcript

Jul 12, 2021 / 07:10PM GMT
Dan Aldridge -

Good afternoon, and welcome back to the conference. I'm Dan Aldridge with Asbury Investor Relations, and I have the pleasure of introducing Clarence Smith this afternoon who's the Chairman and CEO of Havertys.

For those of you who don't know the company, Havertys has been around for 135-plus years and has been one of the winners coming out of the pandemic. They're playing into a lot of the secular trends, like millennial homeownership, the continued rising of home price appreciation, new homebuilding. And yes, millennials are now buying homes.

So with that said, very pleased to have Clarence Smith with us today, and I'll turn it over to him for opening comments.

Clarence H. Smith - Haverty Furniture Companies, Inc. - Chairman & CEO

Well, thank you, Dan. Glad to be on the program.

Havertys is a branded retailer, and we only sell Havertys-branded product. We've developed it over the last 20 years. I mean we're one of the oldest retailers in the country. We think we're also one of the oldest companies in Atlanta. But the main

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