Hooker Furniture Corporation Stock News

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Hooker Furnishings reported a sharp sales decline in Q2 in a trend continuation. The furnishings industry as a whole has already started to see a cautious rebound, making HOFT's sales concerning. The Home Meridian segment's weakness seems likely to continue. Aggressive cost savings are currently only mostly mitigating HOFT's rapid earnings deterioration.

Hooker Furnishings remains a "sell" as financial results continue to deteriorate despite the stock trading at a discount to book value. HOFT's Q2 2026 revenue fell 13.7% year-over-year, with significant declines in the Home Meridian segment and worsening profitability metrics across the board. Management is pursuing aggressive cost-cutting and restructuring initiatives, targeting $25 million in...

Hooker Furnishings Corporation (NASDAQ:HOFT ) Q2 2026 Earnings Call September 11, 2025 9:00 AM EDT Company Participants Earl Armstrong - CFO, Principal Financial & Accounting Officer, Senior VP of Finance & Corporate Secretary Jeremy Hoff - CEO & Director Conference Call Participants Anthony Lebiedzinski - Sidoti & Company, LLC David Storms - Stonegate Capital Partners, Inc., Research Division ...

Company reaffirms dividend, maintains profitability focus, and positions for growth Company reaffirms dividend, maintains profitability focus, and positions for growth

MARTINSVILLE, Va., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on September 9, 2025, its board of directors declared a quarterly cash dividend of $0.23 per share, payable on September 30, 2025, to shareholders of record on September 19, 2025.

MARTINSVILLE, Va., Aug. 31, 2025 (GLOBE NEWSWIRE) -- CORRECTED VERSION: On August 29, 2025, the Company issued a press release with an incorrect registration link and this updated release provides the correct link. Corrected release follows in full:

MARTINSVILLE, Va., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2026 second quarter financial results via teleconference and live internet web cast on Thursday morning, September 11, 2025 at 9:00 AM Eastern Time.