Hooker Furniture (HOFT) Reports Q2 Loss, Lags Revenue Estimates

Financial Performance - Hooker Furniture reported a quarterly loss of $0.31 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.12, representing an earnings surprise of -158.33% [1] - The company posted revenues of $82.15 million for the quarter ended July 2025, missing the Zacks Consensus Estimate by 9.89%, and down from $95.08 million a year ago [2] - Over the last four quarters, Hooker Furniture has not surpassed consensus EPS estimates and has topped revenue estimates only twice [2] Stock Performance - Hooker Furniture shares have declined approximately 21.6% since the beginning of the year, contrasting with the S&P 500's gain of 11.1% [3] - The current Zacks Rank for Hooker Furniture is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $106.45 million, and for the current fiscal year, it is $0.13 on revenues of $394.6 million [7] - The outlook for the furniture industry is currently weak, with the Zacks Industry Rank placing it in the bottom 26% of over 250 Zacks industries, which may impact the stock's performance [8]