UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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 August 2, 2020 Commission file number 000-25349 HOOKER FURNITURE CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (IRS employer identification no.) Virginia 54-0251350 440 East Commonwealth Boulevard, Martinsville, VA 24112 (Addre ...

Hooker Furniture Corporation (NASDAQ:HOFT) Q2 2021 Earnings Conference Call September 3, 2020 9:00 AM ET Company Participants Paul Huckfeldt - CF Paul Toms - Chairman and CEO Jeremy Hoff - President, Hooker Legacy Brands Lee Boone - Co-President, Home Meridian Division Anne Smith - CAO Doug Townsend - Co-President, Home Meridian Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Sandy Mehta - Evaluate Research James Geygan - Global Value Investment John Deysher - Pinnacle Operator Ladies a ...

HOOKER FURNITURE CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (IRS employer identification no.) FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended May 3, 2020 Commission file number 000-25349 Virginia 54-0251350 440 East Commonwealth Boulevard, Martinsville, VA 24112 (Address ...

Financial Data and Key Metrics Changes - Consolidated net sales for Q1 2021 were reported at $104.6 million, a decrease of 22.8% or $30.9 million compared to the previous year [10] - The company reported a preliminary net loss of $1.1 million, a decrease of $3.1 million from the $2 million net income in the prior year [10] - Preliminary loss per share was $0.09 compared to earnings per share of $0.17 in the prior year [11] - Consolidated gross profit decreased from $25.5 million to $18.7 million, representing a decline from 18.8% to 17.8% as a percentage of net sales [42] Business Line Data and Key Metrics Changes - In the Hooker Branded segment, net sales declined by $12.4 million or 31% [21] - The Domestic Upholstery segment saw a net sales decline of $8.5 million or 33.7% [21] - The Home Meridian segment reported sales of $57.7 million, down 14.7% from the prior year, but showed a preliminary operating loss improvement of 52% over the prior year [25] Market Data and Key Metrics Changes - Consolidated orders declined steeply by over 70% and 65% in March and April, respectively, but showed improvement in May with a decline of about 7% [14] - E-commerce sales accounted for 35% of total sales in the Home Meridian segment, significantly higher than typical levels [27] - The company noted that traditional furniture retailers were closed for two months, impacting sales, while other channels like e-commerce and clubs performed well [19] Company Strategy and Development Direction - The company is focusing on multiple distribution channels, which proved beneficial during the pandemic [19] - Plans to host Mega account retailers for private product presentations to mitigate the impact of canceled trade shows [34] - New product initiatives include a home office launch and a casual dining program, responding to market trends [71] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the recovery, noting that the worst of the retail slowdown may be behind them [38] - The company remains in a strong financial position, with a cash balance increase of $15 million since the fiscal year-end [46] - Management emphasized the importance of a strong balance sheet over income statements during challenging times [49] Other Important Information - The company declared a quarterly cash dividend of $0.16 per share, maintaining its history of consistent dividend payments [18] - Inventory levels decreased by approximately $19 million or 29% from the beginning of the fiscal year, indicating effective inventory management [32] - The company is monitoring capital expenditures closely, with a target of $3 million for the fiscal year [95] Q&A Session Summary Question: Sales channel mix and e-commerce performance - Management indicated that e-commerce sales for Hooker Legacy Brands were likely in the 15% to 20% range, lower than Home Meridian's 35% [54] Question: Cost control measures implemented - Cost control measures included salary reductions, layoffs, and significant cuts in spending, resulting in a $2 million reduction in fixed costs [58] Question: Exposure to China and tariffs - Approximately 12% of shipments came from China in Q1, with expectations of maintaining a similar percentage going forward [60] Question: Regional exposure and recovery - Management noted that the Northeast and upper Midwest may lag in recovery compared to the South and West [63] Question: Safety protocols and operational efficiency - The company is following CDC guidelines for safety, with no substantial additional costs expected from these measures [66] Question: New product categories in response to COVID-19 - The company is launching new home office products and expanding its product line in response to increased demand [71] Question: Customer outlook and changes in consumer behavior - Management expects sustained strength in e-commerce and noted that some traditional retailers have increased their online sales significantly [78] Question: Supply chain constraints - There are some lengthening lead times from suppliers, but the company remains a significant customer and expects to receive priority [81]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended February 2, 2020 Commission file number 000-25349 HOOKER FURNITURE 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) Indicate by check mark whether the registrant has submitted elec ...

Hooker Furniture Corporation (NASDAQ:HOFT) Q4 2020 Earnings Conference Call April 14, 2020 9:00 AM ET Company Participants Paul Toms - Chairman and CEO Paul Huckfeldt - VP, Finance and CFO Doug Townsend - Co-President, Home Meridian International Lee Boone - Co-President, Home Meridian International Jeremy Hoff - President, Hooker Branded Segment Conference Call Participants Anthony Lebiedzinski - Sidoti & Company JP Geygan - Global Value Investment Corp. John Deysher - Pinnacle Operator Greetings, ladies a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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 November 3, 2019 Commission file number 000-25349 HOOKER FURNITURE CORPORATION Virginia 54-0251350 (State or other jurisdiction of incorporation or organization) (IRS employer identification no.) 440 East Commonwealth Boulevard, Martinsville, VA 24112 (Address of principal executive of ices, zip code) (276) 63 ...

Hooker Furniture Corporation (NASDAQ:HOFT) Q3 2020 Earnings Conference Call December 6, 2019 9:00 AM ET Company Participants Paul Huckfeldt - Vice President, Finance and Chief Financial Officer Paul Toms - Chairman and Chief Executive Officer Doug Townsend - Co-President, Home Meridian Division Jeremy Hoff - President, Hooker Branded Segment Michael Delgatti - President, Hooker Domestic Upholstery and Emerging Channels Conference Call Participants Anthony Lebiedzinski - Sidoti Operator Greetings, ladies and ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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 August 4, 2019 Commission file number 000-25349 HOOKER FURNITURE CORPORATION (Exact name of registrant as specified in its charter) Virginia 54-0251350 (State or other jurisdiction of incorporation or organization) (IRS employer identification no.) 440 East Commonwealth Boulevard, Martinsville, VA 24112 (Addre ...