Hooker Furniture Corporation Stock News

Partnership Includes Indoor & Outdoor Home Furnishings for the Residential, Hospitality, & Commercial Markets Partnership Includes Indoor & Outdoor Home Furnishings for the Residential, Hospitality, & Commercial Markets

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 sustain...

Hooker Furnishings Corporation has faced challenges due to a housing market slowdown and softer demand but has made strategic moves to offload lower-margin businesses. Despite a poor fiscal Q2, the Home Meridian segment showed positive growth, with increased sales and improved gross margins, signaling potential recovery. The company expects significant cost savings and improved inventory manage...

Hooker Furnishings Corporation (NASDAQ:HOFT ) Q2 2025 Earnings Conference Call September 5, 2024 9:00 AM ET Company Participants Paul Huckfeldt - CFO Jeremy Hoff - CEO Conference Call Participants Anthony Lebiedzinski - Sidoti Dave Storms - Stonegate Operator Good day, and thank you for standing by. Welcome to the Hooker Furnishings Corp. Second Quarter 2025 Earnings Webcast [Operator Instructi...

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.

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.

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.

Hooker Furnishings Corporation (NASDAQ:HOFT ) Q1 2025 Earnings Call Transcript June 6, 2024 9:00 AM ET Company Participants Paul Huckfeldt - CFO Jeremy Hoff - CEO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Dave Storms - Stonegate Operator Good day, and thank you for standing by. Welcome to the Hooker Furnishings First Quarter 2025 Earnings Webcast.