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Hooker FurnishingsNASDAQ: HOFT

Profile

Country:

United States

IPO:

27 June 2002

Next earnings report:

06 December 2024

Last dividends:

13 September 2024

Next dividends:

N/A
$174.20 M
-45%vs. 3y high
31%vs. sector
125.08
-14%vs. 3y high
95%vs. sector
-36%vs. 3y high
35%vs. sector
-31%vs. 3y high
30%vs. sector

Price

after hours | Fri, 01 Nov 2024 20:02:59 GMT
$16.26+$0.23(+1.43%)
$95.08 M$101.35 M
$95.08 M-$1.95 M

Analysts recommendations

Institutional Ownership

HOFT Latest News

HOFT Expands Market Reach by Partnering With Margaritaville
zacks.com08 October 2024 Sentiment: POSITIVE

Hooker Furnishings is set to gain from its collaboration with Margaritaville. This strategic move opens new doors for it in the international market.

Hooker Furnishings: Losing Comfort As Margins Shrink (Ratings Downgrade)
seekingalpha.com07 September 2024 Sentiment: NEGATIVE

Hooker Furnishings faces declining sales, operational inefficiencies, and liquidity issues, leading to a downgrade to a 'Sell' rating despite recent cost-cutting measures. The company's stock has underperformed significantly, with a -10% total return since the 'Hold' rating, compared to S&P 500's 24% gain. Elevated debt, declining orders, and a high payout ratio raise concerns about the sustainability of Hooker's dividend and overall financial health.

Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY25
newsfilecorp.com06 September 2024 Sentiment: POSITIVE

Dallas, Texas--(Newsfile Corp. - September 6, 2024) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT) To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Margins remain above 20% Strong dividend yield of 6.0% Backlog increased ~8.4% YTD Click image above to view full announcement.

Hooker Furnishings' Q2 Loss Wider Than Expected, Sales Top
zacks.com05 September 2024 Sentiment: NEUTRAL

HOFT's second-quarter fiscal 2025 results reflect softness in home furnishings demand and increased expenses.

Hooker Furnishings Reports Improved Sequential Performance in Second Quarter
globenewswire.com05 September 2024 Sentiment: POSITIVE

MARTINSVILLE, Va., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, today reported its fiscal 2025 second quarter operating results for the period beginning April 29 and ending July 28, 2024.

Hooker Furnishings Declares Quarterly Dividend
globenewswire.com03 September 2024 Sentiment: POSITIVE

MARTINSVILLE, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on September 3, 2024, its board of directors declared a quarterly cash dividend of $0.23 per share, payable on September 30, 2024, to shareholders of record on September 13, 2024.

What to Expect Ahead of Hooker Furnishings' Q2 Earnings Release
zacks.com30 August 2024 Sentiment: NEGATIVE

HOFT's second-quarter fiscal 2025 results are likely to reflect softness in home furnishings demand trends, along with hiked costs and expenses.

Hooker Furnishings to Host Second Quarter Earnings Call September 5th
globenewswire.com23 August 2024 Sentiment: POSITIVE

MARTINSVILLE, Va., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2025 second quarter financial results via teleconference and live internet web cast on Thursday morning, September 5, 2024 at 9:00 AM Eastern Time.

Bear of the Day: Hooker Furnishings (HOFT)
zacks.com25 July 2024 Sentiment: NEGATIVE

It's tough in the furniture industry in 2024.

Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q1 FY25
newsfilecorp.com07 June 2024 Sentiment: POSITIVE

Dallas, Texas--(Newsfile Corp. - June 7, 2024) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT) To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Margins remain above 20% Strong dividend yield of 5.4% Backlog increased ~18.4% sequentially Click image above to view full announcement.

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What type of business is Hooker Furnishings?

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand. The Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name. The Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; chairs, sofas, sectionals, recliners, and a variety of accent upholstery pieces under the HF Custom brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. This segment also designs and manufactures outdoor furniture under the Sunset West brand. The company supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and interior designer products under the Lifestyle Brands name; and lighting, accessories, and home décor products under the BOBO Intriguing Objects brand. It sells home furnishing products through retailers, such as independent furniture stores, department stores, mass merchants, national chains, catalog merchants, interior designers, and e-commerce retailers primarily in North America. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.

What sector is Hooker Furnishings in?

Hooker Furnishings is in the Consumer Cyclical sector

What industry is Hooker Furnishings in?

Hooker Furnishings is in the Furnishings, Fixtures & Appliances industry

What country is Hooker Furnishings from?

Hooker Furnishings is headquartered in United States

When did Hooker Furnishings go public?

Hooker Furnishings initial public offering (IPO) was on 27 June 2002

What is Hooker Furnishings website?

https://www.hookerfurniture.com

Is Hooker Furnishings in the S&P 500?

No, Hooker Furnishings is not included in the S&P 500 index

Is Hooker Furnishings in the NASDAQ 100?

No, Hooker Furnishings is not included in the NASDAQ 100 index

Is Hooker Furnishings in the Dow Jones?

No, Hooker Furnishings is not included in the Dow Jones index

When was Hooker Furnishings the previous earnings report?

No data

When does Hooker Furnishings earnings report?

The next expected earnings date for Hooker Furnishings is 06 December 2024