Can HVT sustain its Q4 earnings momentum into next year?

**Haverty Furniture's (HVT) ability to sustain its Q4 earnings momentum into next year is uncertain** and depends on several key factors: 1. **Current Financial Performance**: In Q4 2024, Haverty Furniture is estimated to have an EPS of $0.23 and a revenue of $185.39 million. This performance is a notable improvement from the previous quarter, where EPS was $0.14 and revenue was $184.0 million. 2. **Strategic Initiatives**: The company has been implementing strategic inventory management and has avoided disruptions from potential port strikes, ensuring a steady flow of products. This stability in supply chain operations is crucial for sustaining momentum. 3. **Market Challenges**: The furniture sector faces challenges due to inflationary pressures, economic uncertainty, and high interest rates, which have negatively impacted consumer discretionary spending. These factors could dampen growth if they persist. 4. **Investor Sentiment**: There has been a reduction in stake by Dimensional Fund Advisors LP, indicating a cautious outlook from investors. This sentiment could influence the company's financial performance if it affects funding or market confidence. 5. **Expansion Plans**: Haverty Furniture plans to open new stores, which could contribute to growth if executed successfully. However, the impact of new store openings on earnings momentum is uncertain. 6. **Dividend Growth and Financial Health**: The company has shown strong gross margins and dividend growth, which are positive signs for financial health. Robust financial health could support sustained earnings momentum. In conclusion, while Haverty Furniture has demonstrated improved earnings in Q4 2024, the sustainability of this momentum into next year is uncertain and will depend on navigating market challenges, maintaining operational efficiency, and executing strategic growth plans effectively.