8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report:  March 17, 2020

(Date of earliest event reported: March 17, 2020)

______________

HAVERTY FURNITURE COMPANIES, INC.

(Exact name of registrant as specified in its charter)

______________

Maryland	1-14445	58-0281900
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)
780 Johnson Ferry Road, Suite 800, Atlanta, Georgia 30342
(Address of principal executive officers) ( Zip Code)
Telephone number, including area code: (404) 443-2900

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR240.14a-12)

☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	HVT	NYSE
Class A Common Stock	HVTA	NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).    

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ☐

Item 7.01.   Regulation FD Disclosure.

On March 17, 2020, Haverty Furniture Companies, Inc. issued a press release announcing the temporary closure of all of its retail stores effective March 19, 2020 through April 2, 2020, and other operational changes in response to the COVID-19 health crisis.  A copy of the press release is furnished as Exhibit 99.1 hereto.

As provided in General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.  Financial Statements, Pro Forma Financial Information and Exhibits

(c)  Exhibits

99.1  Press Release dated March 17, 2020.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		HAVERTY FURNITURE COMPANIES, INC.
March 17, 2020	By:
		Jenny Hill Parker Senior Vice President, Finance and Corporate Secretary

2

EX-99.1

EXHIBIT 99.1

Havertys Provides COVID-19 Update

Atlanta, Georgia, March 17, 2020 – HAVERTYS (NYSE: HVT and HVT.A) announced today updates to its operating plans in response to the COVID-19 outbreak. Havertys will temporarily close its retail locations beginning March 19 until April 2, 2020. The warehouse and distribution operations will also be suspended for two weeks, with teams receiving products from vendors and making home deliveries thru March 21. The company will pay affected team members during these periods of operational pause. Havertys’ corporate office personnel are working remotely, and senior leadership is assessing business continuity plans during this national health emergency.

Clarence H. Smith, chairman, president and chief executive officer, said, “We believe it is our corporate responsibility and reflects our company’s values regarding our employees, customers, and communities to take these actions. Havertys was founded in 1885 and has weathered many difficult periods. Our financial strength, commitment and experience of our teams, and flexibility will serve us well during these uncertain times.”

About Havertys

Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 121 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Additional information is available on the Company’s website havertys.com. 

Safe Harbor

This press release includes statements that constitute forward-looking statements within the meaning of the federal securities laws.  Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which are not historical in nature. We intend for all forward-looking statements contained herein or on our website, and all subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf, to be covered by the safe harbor provisions for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Forward-looking statements are not guarantees of performance, and actual results or events may differ materially from those indicated as a result of various important factors that include, but are not limited to, those described in Part I, Item 1A, contained in our Annual Report on Form 10-K for the year ended December 31, 2019 under the heading “Risk Factors” and those described from time to time in our future reports filed with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date on which they are made. The Company assumes no obligation for updating any such forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Contact:

Havertys 404-443-2900

Jenny Hill Parker

SVP, finance and

  corporate secretary

SOURCE:  Havertys