Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q1 FY25

Core Insights - Stonegate Capital Partners has updated its coverage on Hooker Furniture Corporation (NASDAQ: HOFT) for Q1 FY25, indicating a positive outlook for the company [5]. Financial Performance - Hooker Furniture Corporation maintains margins above 20% [3]. - The company has a strong dividend yield of 5.4% [3]. - The backlog for Hooker Furniture increased approximately 18.4% sequentially [3].