As of Mar 31, 2017, Havertys operated 124 stores in 16 states in the Southern and Midwestern US.

In fiscal 2016, the company opened 4 new stores and closed 1 store. During fiscal 2017, the company expects to open 1 store, close 1 store, and replace 2 existing stores.

At year-end, the company owned 43 stores and leased 81 locations. Stores range in size from 19,000 to 66,000 selling square feet with the average being approximately 36,200 square feet, and eMarketer estimates approximately 80% of a typical store is used for selling space.

Store growth2.5%2.5%1.7%0.0%-2.5%2.5%
Total gross square feet (M)5,6185,6185,4755,3545,3245,441
Total gross square feet growth2.6%2.6%2.3%0.6%-2.2%2.5%
Avg store gross sq ft45,30045,30045,20045,00044,70044,600
Avg store gross sq ft growth0.1%0.1%0.6%0.6%0.3%-0.0%

Notes:Calculated based on reported selling square footage and an eMarketer estimate that 80% of a typical store is used for selling space