Haverty Furniture (Haverty Furniture) Average Sales per Sqft : 0.00 (As of . 20)

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What is Haverty Furniture Average Sales per Sqft?

Average Sales per Sqft is a retail store’s average revenue for every foot of the store. A higher average sales per square foot indicates more efficient operations and thus, high profitability.

The historical rank and industry rank for Haverty Furniture's Average Sales per Sqft or its related term are showing as below:

HVT.A's Average Sales per Sqft is not ranked ^*
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Average Sales per Sqft only.

Haverty Furniture Average Sales per Sqft Historical Data

The historical data trend for Haverty Furniture's Average Sales per Sqft can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Haverty Furniture Average Sales per Sqft Chart

Haverty Furniture (NYSE:HVT.A) Average Sales per Sqft Explanation

Average Sales per Sqft is a retail store’s average revenue for every foot of store space, including non-selling areas such as stock rooms or receiving areas. It tells us how efficient the retailer is with the use of sales space, allowing the retailer to make smarter merchandising, inventory, and sales decisions. A higher sales per square foot indicates more efficient operations and thus high profitability.

The formula of calculating Sales per Sqft is total in-store sales divided by selling area in square feet. When calculating a store’s Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be excluded.

The difference between Average Sales per Sqft and Sales per Sqft that in the calculation of Average Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be included.

Retailers can increase the average sales per square foot by improving the store layout, having a winning product assortment, optimizing prices and increasing per transaction value.

Haverty Furniture Average Sales per Sqft Related Terms

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Haverty Furniture (Haverty Furniture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Haverty Furniture Companies Inc (NYSE:HVT.A) » Definitions » Average Sales per Sqft

Comparable Companies

Traded in Other Exchanges

HVT:USA 25F:Germany

Address

780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342

Website

https://www.havertys.com

Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.