Haverty Furniture Company "outperform" - update

06/06/03 - Morgan Keegan

NEW YORK, June 6 (New Ratings) – Analysts at Morgan Keegan issue an "outperform" rating on the Haverty Furniture companies.

The analysts mention that the improvement in store sales, the opening up of new stores and an innovative product range have helped increase sales at Haverty Furniture. The expected recovery in the furniture industry is likely to boost the sales of the company further, the analysts observe.