Company profile

Clarence H. Smith
Incorporated in
Fiscal year end
Industry (SEC)
IRS number

HVT stock data



2 Aug 19
14 Oct 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 191.89M 187.24M 208.97M 210.55M
Net income 6.05M 3.62M 9.43M 8.35M
Diluted EPS 0.29 0.17
Net profit margin 3.15% 1.93% 4.51% 3.97%
Net change in cash -16.86M 1.41M -24.73M 21.63M
Cash on hand 56.09M 72.95M 71.54M 96.27M
Cost of revenue 88.34M 84.16M 94.5M 95.18M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 817.73M 819.87M 821.57M 804.87M
Net income 30.31M 21.08M 28.36M 27.79M
Net profit margin 3.71% 2.57% 3.45% 3.45%
Net change in cash -7.95M 16.01M -7.18M 5.18M
Cash on hand 71.54M 79.49M 63.48M 70.66M
Cost of revenue 371.19M 374.94M 378.23M 374.09M

Financial data from company earnings reports

Financial report summary

  • Changes in economic conditions could adversely affect demand for our products.
  • We face significant competition from national, regional and local retailers of home furnishings.
  • If we fail to anticipate changes in consumer preferences, our sales may decline.
  • We import a substantial portion of our merchandise from foreign sources. This exposes us to certain risks that include political and economic conditions. Recently, political discourse in the United States has increasingly focused on ways to discourage U.S. corporations from outsourcing manufacturing and production activities to foreign jurisdictions and curb what are considered to be unfair trade practices. To address these concerns, tariffs were imposed on goods manufactured in China in an attempt to discourage these practices. The tariffs began in September 2018 at 10% of product costs and were scheduled to increase to 25% on March 4, 2019. The increase to 25% has been postponed as part of ongoing discussions between the governments of the United States and China. If ultimately enacted, a 25% tariff could negatively impact our ability to source products from foreign jurisdictions and could adversely affect our results of operations or profitability.
  • We are dependent upon the ability of our third-party producers, many of whom are located in foreign countries, to meet our requirements; any failures by these producers to meet our requirements, or the unavailability of suitable producers at reasonable prices or limitations on our ability to source from certain third-party producers may negatively impact our ability to deliver quality products to our customers on a timely basis or result in higher costs or reduced net sales.
  • Our vendors might fail in meeting our quality control standards or reacting to changes to the legislative or regulatory framework regarding product safety.
  • Our revenue could be adversely affected by risks in our supply chain.
  • The rise of oil and gasoline prices could affect our profitability.
  • Because of our limited number of distribution centers, should one become damaged, our operating results could suffer.
  • Our information technology infrastructure is vulnerable to damage that could harm our business.
Content analysis ?
7th grade Avg
New words: aggressive, began, category, chain, disruption, fromto, July, recover, reserve, tenant
Removed: advance, Chinese, implemented, retire, source, utilized