As of Mar 31, 2018, Havertys operated 123 stores in 16 states in the Southern and Midwestern US.

In fiscal 2017, the company opened 3 new stores and closed 3 stores. The company closed 1 store in South Carolina in the first quarter of fiscal 2018. During fiscal 2018, the company expects to open 1 store and close 3 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 36,400 square feet, and eMarketer estimates approximately 80% of a typical store is used for selling space.

TTM20172016201520142013
Stores123124124121119119
Store growth-0.8%0.0%2.5%1.7%0.0%-2.5%
Total gross square feet (M)5,6015,6465,6185,4755,3545,324
Total gross square feet growth-0.3%0.5%2.6%2.3%0.6%-2.2%
Avg store gross sq ft45,50045,50045,30045,20045,00044,700
Avg store gross sq ft growth0.5%0.5%0.1%0.6%0.6%0.3%

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