Press Release – Wed Nov 2, 2011 5:28pm EDT

ATLANTA, GEORGIA, November 2, 2011 – HAVERTY FURNITURE COMPANIES, INC. (NYSE: HVT and HVT.A) reports third quarter 2011 operating results of earnings per share of $0.01 compared to $0.05 for the same period of 2010.  The loss per share for the nine months ended September 30, 2011 is ($0.07) compared to earnings per share of $.13 for the same period of 2010.

As previously reported, net sales for the third quarter of 2011 were 1.1% lower than in the same period of 2010 and down 1.2% for the nine months ended September 30, 2011.  Written sales for the third quarter of 2011 increased 2.6% over the same quarter of last year.

Clarence H. Smith, president and chief executive officer, said, “The retail home furniture business remains challenging but we are committed to connecting with our customers by having great showrooms, excellent service and exciting new products. Our program for enhancing store interiors is complete in 33 stores and will continue through early 2013. We are working with a new marketing agency to develop a consumer segmentation model which will aid in more efficiently reaching our target customers with a resonating message. The review of manufacturers’ new products is ongoing as we develop a merchandise assortment that embraces the Havertys brand of style, quality and value.

There are numerous opportunities for store expansion that we evaluate. Our new Boca Raton, Florida store introduced customers in that market to Havertys in late October and a relocated Asheville, North Carolina store will open later this month.  We have slated for opening in 2012 a new store in Baltimore, Maryland and a replacement store in the Atlanta market as well as two new stores in other markets.

The housing market, to which home furnishings sales are naturally linked, continues to be a persistent and significant drag on the economy. Given this fragility, it is important for us to maintain our strong balance sheet and cash position and we are careful in the deployment of capital.  Our middle to upper-middle income target customer is also likely to remain cautious in spending until overall economic growth shows signs of sustainability accompanied by improvements in the housing market.

About Havertys

Havertys, established in 1885, is a full-service home furnishings retailer with 119 showrooms in 17 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges.  Additional information is available on the company’s website at www.havertys.com

Deer Creek is an 18-hole championship golf course that has matured beautifully after a 2004 renovation by renowned architect Arthur Hills.

The extensive renovation included reconstruction of all 18 greens to USGA specifications with TifEagle ultra dwarf Bermuda grass. In addition all bunkers were rebuilt and six holes were lengthened to stretch the layout to 7,050 yards.Deer Creek Golf Club is a highly regarded upscale public facility that offers five sets of tees to challenge golfers of all skill levels. There is a clear emphasis on course conditioning, four-hour rounds and a high level of service.

Deer Creek is unique for it’s undulating and rolling landscape design, typically not found in South Florida. Deer Creek has a proud history. It has hosted qualifying for the 2003 USGA Senior Open Championship and the 2002 USGA Amateur Championship as well as hosting the LPGA Tour’s Mazda Classic from 1979-1984.

Deer Creek was named the “Best Course in Broward” by the Fort Lauderdale Sun-Sentinel, was rated 4.5 Stars by Golf Digest magazine, rated as one of the “Top Two Golf Courses in South Florida” by Golf Magazine and listed among the “Top 100 Courses for Women” by Golf for Women Magazine.

The course is staffed by PGA Professionals. The golf carts are outfitted with a state-of-the-art GPS system with real-time leader board in each cart. In addition every cart has a windshield and curtains in the back to protect your equipment. The great golf course with luxurious southern beauty, outstanding facilities and high level of service provides a truly memorable experience.

The Original Brooklyn Water Bagel Co. to Open Its First Stand-Alone Restaurant in Broward County Company Plans September Opening of Hollywood Location

Boca Raton, Fla. (Aug. 09, 2011) – The Original Brooklyn Water Bagel Co., the pioneering bakery/cafe restaurant that creates BrooklynizedTM water for use in all of its food, beverage and bakery products, today announced plans to open its first stand-alone restaurant in Broward County. The new restaurant at 2877 Stirling Road, Hollywood, is scheduled to open in late-September.

“The Original Brooklyn Water Bagel Co. restaurants in Palm Beach and Miami-Dade counties and in other parts of the country have attracted large followings, and we’re confident we’ll see the same type of demand in Broward,” said Deirdre Bowdish, president of Allen Bowdish Company Inc., who along with partner Frederick B. Allen are the franchisees opening the new location. “In the near future, we’re also looking to open several more restaurants in Fort Lauderdale, Hollywood and other parts of the county as the company continues its explosive growth.”

As with all of its restaurants, the new location on Stirling Road will house the company’s proprietary water-treatment system to create BrooklynizedTM water on site. The company uses the water in making bagels and all of its other products, including soft drinks, private label coffee, soups and even its ice cubes to ensure top-quality consistency and healthy preparation each and every time.

The menu will include the traditional Plain, Sesame or Poppy Seed bagels that so many customers love, in addition to the nouveau-style Multigrain Sunflower, Whole Wheat Everything and Omega-3 (made with flax seeds and cranberries in whole wheat) bagels. Customers can opt for delicious Bagelwiches and Brooklyn Pizza Melts on oven-fresh bagels. They can also experience the original Scooper MeltsTM – an oven-fresh bagel expertly scooped to the crispy interior and filled with the customer’s choice of meat, cheese, vegetables and condiments, then baked to melted perfection. In addition, the restaurant will offer an extensive catering menu for any occasion.

“This area of Hollywood lacks a quick service restaurant offering top-quality café and bakery products at a good price,” said Steven M. Fassberg, president and chief executive officer of The Original Brooklyn Water Bagel Co. “We’re going to be providing area residents and businesses with an excellent choice for any meal during the day, social gatherings or an important business meeting.”

Allen Bowdish Company Inc. joins a fast-growing group of franchisees that includes Larry King, the legendary broadcaster who in April opened the first West Coast Original Brooklyn Water Bagel Co. restaurant in Beverly Hills, Calif.

About The Original Brooklyn Water Bagel Co.

Founded in 2009 in Delray Beach, Fla., The Original Brooklyn Water Bagel Co. is positioned to revolutionize the quick service food industry worldwide. With proprietary water technology that creates BrooklynizedTM water, the company allows its franchises to produce a distinctive Brooklyn bagel anywhere in the world. The Original Brooklyn Water Bagel Co. is presently selling franchises throughout the country using the Development Agent model. For more information, call 877-BAGEL-80 or visit www.brooklynwaterbagels.com.

The Customer: The Valls Group

Data Pos Hospitality Systems

With several locations and multiple restaurants the Valls Group has been the pioneer in the Spanish community to independently own, manage and build restaurants with a “latin flavor” in Miami and Ft. Lauderdale. From La Carreta, (9 of them including 2 at the Miami Airport) to Casa Juancho (The only authentic Spanish restaurant in Miami) and several other concepts at the Miami airport and through south Florida.

Headed by Felipe Valls jr. and a professional team of hospitality connoisseur La Carreta has become the flagship restaurant of Miami along with Versailles the most famous Cuban restaurant visited by many leaders and political figures of the world.

Since the late 80’s Felipe and his team had the futuristic concept of applying control and analysis through the use of a point of sale solution (POS). The first system we installed for them was not even a touch screen but an intelligent  POS with Plu. Later in the 90’s we replaced them with touch screens.

Through the years his team became experts in dissecting the business using data analysis and reports, requesting more and more modules to tight the control and the security of the restaurants and to be able offer more and better services to their loyal customers.

Building Solutions

In 2005 the Valls Group called our team to review what was in the POS market to expedite the different services they provide and again to be able to track sales, labor and now customer’s preferences.  Getting a customer to come into a La Carreta locations is the first step in their success, but turning that person into a repeat customer is the real goal. They wanted to insure that not only did they serve the best Latin food but know their customers and their buying habits as well.

We presented ParPixelpoint, a total solution that enables them to accomplish everything they needed. From easy of use graphic interfaces, effortless administration, labor control, etc.

Since then we had implemented an outstanding Delivery system, shift audit reports, Quick Service, tip sharing, control in the employee meals and most important the “data miner” module that allowed the administration to analyze and scrutinize reports in any way they want it.

Managers could not believe how easy was to use it and how easy was to train new employees, they call it the “true POS for dummies”. They also use our free training for new managers and servers that our company offers to  our clients the first Wednesday of every month in our facilities.

For the Valls Group, service, support and response has been always very significant in their selection of products and as Antonio Robles (Operation’s Manager of the Valls Group) said “ we have found in Data Pos Hospitality a true partner, willing to understand our concepts and built solutions for them”.

Today Data POS Hospitality is not only the leader in hospitality solutions but a truly service company that offers sales, support, on-site services, trainings and IT solutions. Make Data POS your Partner.