MARTINSVILLE, Va., May 22, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2025 first quarter financial results via teleconference and live internet web cast on Thursday morning, June 6, 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 (reg ...

MARTINSVILLE, Va., May 22, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2025 first quarter financial results via teleconference and live internet web cast on Thursday morning, June 6, 2024 at 9:00 AM Eastern Time. Hooker's fiscal 2025 first quarter began on January 29, 2024 and ended on April 28, 2024. Hooker Furnishings Corporation, in its 100th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furn ...

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 January 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 (Addre ...

Key PointsFurniture companies are attractive investments for their cash flow and capital returns. The Lovesac Company is still in its growth phase but on track for substantial capital return over time. Hooker Furnishings is a high-yield in the furniture industry on track to pivot back to growth this fiscal year. 5 stocks we like better than LovesacFurniture stocks The Lovesac Company NASDAQ: LOVE and Hooker Furnishings NASDAQ: HOFT are lower following their Q4 reports opening a buy-the-dip opportunity. Near ...

Company Participants Anthony Lebiedzinski - Sidoti Dave Storms - Stonegate John Deysher - Pinnacle I would now like to hand the conference over to Paul Huckfeldt. You may begin. During our call, we may make forward-looking statements, which are subject to risks and uncertainties. A discussion of factors that could cause our actual results to differ materially from management's expectations is contained in our press release and SEC filing announcing our fiscal 2024 results. Any forward-looking statement spea ...

Hooker Furniture (HOFT) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40%. A quarter ago, it was expected that this home furnishings company would post earnings of $0.26 per share when it actually produced earnings of $0.65, delivering a surprise of 150%.Over the last four quarters ...

EXHIBIT 99.1 Management Commentary "We're proud of our team's accomplishments and discipline during a challenging year, as we successfully restructured our HMI business model, improved profitability and strengthened our balance sheet," said Jeremy Hoff, chief executive officer. "At the same time, we reinforced belief in our strategic growth initiatives by continuing to make the necessary investments to fuel long-term growth and sustainability." "Fiscal 2024 marked the third full fiscal year since the initia ...

MARTINSVILLE, Va., April 11, 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 operating results for its fiscal 2024 fourth quarter and full year ended January 28, 2024. Fiscal 2024 and the fourth quarter overview: Despite difficult business conditions for the home furnishings industry and a 25.7% consolidated sales decrease, the Company reported operat ...

Hooker Furnishings Corporation (HOFT) is slated to report its fourth-quarter fiscal 2024 (ended on Jan 28, 2024) earnings on Apr 11, before market open.In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 150% and increased 54.8% year over year.Net sales topped the consensus mark by 0.5% but decreased 22.9% from the prior-year’s level.Trend in Estimate RevisionThe Zacks Consensus Estimate for HOFT’s fiscal fourth-quarter earnings has declined to 10 cents per share for ...

Hooker Furniture (HOFT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April ...