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Hooker Furniture(HOFT) - 2025 Q2 - Quarterly Report
2024-09-06 19:08
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 July 28, 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 24112 ( ...
Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY25
Newsfile· 2024-09-06 13:20
. Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY25 September 06, 2024 9:20 AM EDT | Source: Reportable, Inc. 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 ...
Hooker Furnishings' Q2 Loss Wider Than Expected, Sales Top
ZACKS· 2024-09-05 18:11
Hooker Furnishings Corporation (HOFT) reported mixed results for the second quarter of fiscal 2025 (ended July 28, 2024). Its adjusted loss was wider than the Zacks Consensus Estimate while net sales surpassed the same. On a year-over-year basis, the bottom and the top line declined. The quarterly results were hurt by the ongoing sluggish demand in the home furnishings retail industry attributable to the high interest rates and subdued housing activity, along with other macroeconomic uncertainties. Furtherm ...
6%-Yielding Hooker Furnishings: Stocks Bottom On Bad News
Seeking Alpha· 2024-09-05 16:23
dre 194 H NEW i NJ AlpamayoPhoto Hooker Furnishings Corporation (NASDAQ:HOFT) is a manufacturer and importer of residential household and contract fumiture for sale that we have covered often over the years. The company has struggled over the last few quarters with the housing market slowdown and from softer demand, in large part due to higher rates for consumers to borrow money or utilize their credit. To combat demand issues and help preserve profitability, the company has made strategic moves to offload ...
Hooker Furniture(HOFT) - 2025 Q2 - Earnings Call Transcript
2024-09-05 16:09
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 Instructions]. Please be advised that today's conference is being recorded. I would now like to hand the conference over to y ...
Hooker Furniture (HOFT) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-09-05 12:11
Hooker Furniture (HOFT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -46.15%. A quarter ago, it was expected that this home furnishings company would post a loss of $0.03 per share when it actually produced a loss of $0.39, delivering a surprise of -1,200%. Over the last four quarters ...
Hooker Furniture(HOFT) - 2025 Q2 - Quarterly Results
2024-09-05 10:01
EXHIBIT 99.1 Hooker Furnishings Reports Improved Sequential Performance in Second Quarter MARTINSVILLE, Va., Sept. 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 second quarter operating results for the period beginning April 29 and ending July 28, 2024. Fiscal 2025 Second Quarter overview and cost reduction details: Despite persis ...
Hooker Furnishings Reports Improved Sequential Performance in Second Quarter
GlobeNewswire News Room· 2024-09-05 10:00
MARTINSVILLE, Va., Sept. 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 second quarter operating results for the period beginning April 29 and ending July 28, 2024. Fiscal 2025 Second Quarter overview and cost reduction details: Despite persistent, weak market conditions, sales in the second quarter, typically Hooker Furnishings' s ...
What to Expect Ahead of Hooker Furnishings' Q2 Earnings Release
ZACKS· 2024-08-30 17:20
Hooker Furnishings Corporation (HOFT) is set to report its second-quarter fiscal 2025 (ended July 28, 2024) results on Sep. 5, before market open. In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 1,200% while the net sales surpassed the same by 3.3%. HOFT's Trend in Estimate Revision The Zacks Consensus Estimate for fiscal second-quarter loss per share has remained unchanged at 5 cents over the past 60 days. The estimated figure indicates a 171.4% decline from the ...
Hooker Furnishings to Host Second Quarter Earnings Call September 5th
GlobeNewswire News Room· 2024-08-23 10:00
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. 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 li ...