you, Thank and Clarence, good morning.
were were cut high that points the later results rate into Our meeting quarter cautiously disappointing to and to market this September rates, unaffordable will this presidential third election. continue glad interest We housing buildup see their XXXX. we XX to and quarter and optimistic the remain face and at the basis Fed interest continue as the
week, a than in provide lift the a a coming less smooth With inauguration to to conclusion leading are environment. election business for up transition which to a our should the hopeful we day,
event earlier Our compared Day which event, Labor encouraging. down there improvement period this the which mid-teens was is year, year, in the was for over our an but key selling to a quarter, last Day Memorial was
Havertys. a Hurricane and do necessary late in we update felt Milton As to in give Hurricane October, by not it we you on weather caused Helene due you know, devastation but the September impact the normally early to report, to
quarter. from days outages, some roof and few XX Georgia are during members to X glad X report X Carolinas, that leaks all minimal Helene throughout We our stores the warehouse extended had to along closures.
With with are safe. and that from power and storms a the other which had our Florida, X than All closed report stores damage the Florida we Hurricane caused our markets were to team
on reopening closed the warehouse for was and in X within early XX October to However, there stores XX X days stores Most store and stores to with were were Asheville, North operating in warehouse Milton, our days. October. one days closed X September affected XX/XX.
With back Carolina Hurricane XX markets, X over X
of closed, magnitude, unwavering made personalization, our types families, to our our members and a multiple these customers storm their storm. team the and afterwards way Georgia burden only our getting appreciative customers.
Havertys events is our is is enhance Havertys.
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Additionally, continues driven we've upholstery features improve new like added our merchandising are averages, seeing augmented traffic improve, room last year. business. caused but are within to more the are has and of our best below overall below performing by averages.
Overall, to levels experience.
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rise customers those year to are $X,XXX. are as our over spending average X% buying from However, ticket more almost to that continues last
our XX% percentage business of the design business. thrive by quarter to over growing for as continues a Our
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last up upholstery business, Our special is business XX% to continues order of grow XX% to from year. our which
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and home approximately service continue QX X% on XX% excellent focused compared inventories down Distribution, QX customer remain be execution. were to Our from to XXXX. continued to productivity and and down and condition in delivery
sales While about we all have to optimistic future. environment, to a the experience continue remain we reasons difficult Havertys
strong. Our margins are
growing. Our overall average ticket is
is Traffic percentages is are controlled. Closing are improving. stabilizing. balanced. well ticket are average growing. design Expenses Our Inventories
across And hard a over times. with to for difficult point team at the the company of stores and bank.
I We furnishing finally, dedication in every work want are our all debt-free contact. are thank million we to customers their growing members to $XXX happiness in the cash Haverty X year
will turn over Richard. call I the Now to