Haverty Furniture Companies, Inc. (NYSE:HVT) Q3 2023 Earnings Call Transcript

Clarence Smith: Its fewer collections, it’s only two or three collections that we’ll have available, and then we do the rest of it through suppliers who do it as a third-party arrangement. And we won’t roll it out everywhere. We’ll only – we’ll start where we know it’s going to do the best and expand it from there. And these suppliers are very good at it. We’re just going to be more controlled, more focused, more strategic.

Budd Bugatch: And Haverty’s branded, that’s an area where there are brands in outdoor. Is it Haverty’s branded or is it national branded?

Clarence Smith: Oh, no. It will be Haverty’s branded product.

Budd Bugatch: Okay. And what about accessories like fire pits and the other stuff that you’re [indiscernible] with that category.

Clarence Smith: We’ve some of that, but it will still be Haverty’s branded.

Budd Bugatch: Good luck on it. Are you interested to see it in the stores? When does it hit? When does it get into the stores…

Clarence Smith: It starts arriving in December and then January.

Budd Bugatch: Okay. Great. Thank you and good luck over next quarter and the year. Thank you

Clarence Smith: Thank you, Budd.

Richard Hare: Thank you, Budd.

Operator: There are no further questions in the queue. I’d like to hand the call back to Mr. Hare for closing remarks.

Richard Hare: Well, thank you for your participation in today’s call. We look forward to talking with everybody in the future when we release our fourth quarter results later on this year. Thank you.