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Hooker Furnishings: In The Way Of Trump
Seeking Alpha· 2024-12-24 07:37
If you thought our angle on this company was interesting, you may want to check out our idea room, The Value Lab . We focus on long-only value ideas of interest to us, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, our gang could help broaden your horizons and give some in ...
Hooker Furniture(HOFT) - 2025 Q3 - Quarterly Report
2024-12-06 19:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended October 27, 2024 Commission file number 000-25349 HOOKER FURNISHINGS CORPORATION (Exact name of registrant as specified in its charter) Virginia 54-0251350 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 440 East Commonwealth Boulevard, Martinsville, VA 2411 ...
Hooker Furniture(HOFT) - 2025 Q3 - Earnings Call Transcript
2024-12-05 20:26
Hooker Furnishings Corporation (NASDAQ:HOFT) Q3 2025 Earnings Conference Call December 5, 2024 9:00 AM ET Company Participants Paul Huckfeldt - Chief Financial Officer Jeremy Hoff - Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company David Storms - Stonegate Capital Markets Operator Good day. Thank you for standing by. Welcome to the Hooker Furnishings Corporation Third Quarter 2024 (sic) [2025] Earnings Webcast. At this time, all participants are in a listen-only mo ...
Hooker Furniture (HOFT) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-12-05 13:21
Hooker Furniture (HOFT) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,100%. A quarter ago, it was expected that this home furnishings company would post a loss of $0.13 per share when it actually produced a loss of $0.19, delivering a surprise of -46.15%.Over the last four quarters, the compan ...
Hooker Furniture(HOFT) - 2025 Q3 - Quarterly Results
2024-12-05 11:01
EXHIBIT 99.1 Hooker Furnishings Reports Third Quarter Results Impacted By Multiple Charges MARTINSVILLE, Va., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQGS: 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 third quarter operating results for the period beginning July 29 and ending October 27, 2024. Fiscal 2025 Third Quarter Overview Results for the third quarter were driven ...
Hooker Furnishings Reports Third Quarter Results Impacted By Multiple Charges
GlobeNewswire News Room· 2024-12-05 11:00
MARTINSVILLE, Va., Dec. 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 third quarter operating results for the period beginning July 29 and ending October 27, 2024. Fiscal 2025 Third Quarter Overview Results for the third quarter were driven by continued macro-economic and industry-wide headwinds which resulted in low demand and $ ...
Hooker Furnishings to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2024-12-02 17:31
Hooker Furnishings Corporation (HOFT) is slated to report its third-quarter fiscal 2025 (ended on Oct. 27, 2024) earnings on Dec. 5, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 46.2% and decreased by more than 370% year over year. Net sales topped the consensus mark by 1.7% but declined 2.8% from the prior-year’s level.HOFT has missed the consensus mark in three of the ...
Hooker Furnishings to Host Third Quarter Earnings Call December 5th
GlobeNewswire News Room· 2024-11-21 11:00
MARTINSVILLE, Va., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2025 third quarter financial results via teleconference and live internet web cast on Thursday morning, December 5, 2024 at 9:00 AM Eastern Time. A live webcast of the call will be available on the Investor Relations page of the Company’s website at https://investors.hookerfurnishings.com/events and archived for replay. To access the call by phone, participants should go to this link ...
HOFT Expands Market Reach by Partnering With Margaritaville
ZACKS· 2024-10-08 18:17
Hooker Furnishings Corporation (HOFT) has collaborated with the global lifestyle brand, Margaritaville, to launch an extensive line of home furnishings. This partnership will help the company leverage the renowned brand position of Margaritaville in the international market and expand its market reach to a new customer base. HOFT stock lost 1.1% during trading hours on Monday post the announcement. HOFT's Partnership in Detail The anticipated product offerings from the announced partnership will include a r ...
Hooker Furnishings: Losing Comfort As Margins Shrink (Ratings Downgrade)
Seeking Alpha· 2024-09-07 12:02
AleksandarGeorgiev/E+ via Getty Images Thesis In June 2023, I initiated coverage of Hooker Furnishings (NASDAQ: NASDAQ:HOFT), examining its risks and potential, noting how it demonstrated some strengths by showing the ability to keep a lid on inventory, recover in its hospitality business, and move forward with expansion plans, along with significant challenges created by a precipitous loss of sales, softening demand, operational inefficiencies, and questions over the safety of the dividend. The company was ...