Hooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 Million
Hooker Furnishings Corporation (HOFT)
US:NASDAQ Investor Relations:
investors.hookerfurniture.com
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Source: GlobeNewswire
MARTINSVILLE, Va., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (“Hooker” or the “Company”), a global leader in home furnishings, today announced it has completed the sale of the Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, subject to certain final customary post-closing adjustments. “Completing this transaction marks a significant milestone in our journey toward enhanced profitability, and we are pleased to complete the transaction at a higher price than initially estimated,” said Jeremy Hoff, CEO of Hooker Furnishings. “We are moving ahead with positive momentum after delivering a modest improvement in sales and margins within Hooker Branded and Domestic Upholstery for the fiscal third quarter, and we are excited for the significant opportunity ahead with our Margaritaville licensed collection. We look forward to creating value for shareholders, including
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News
- Hooker Furnishings (NASDAQ:HOFT) Will Pay A Smaller Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 Million [Yahoo! Finance]Yahoo! Finance
- Don't Race Out To Buy Hooker Furnishings Corporation (NASDAQ:HOFT) Just Because It's Going Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings outlines shift to organic growth with Margaritaville launch and $25M cost savings as divestiture closes [Seeking Alpha]Seeking Alpha
- Hooker Furnishings Reports Fiscal 2026 Third Quarter Results [Yahoo! Finance]Yahoo! Finance
HOFT
Earnings
- 12/11/25 - Miss
HOFT
Sec Filings
- 12/12/25 - Form 10-Q
- 12/11/25 - Form 8-K
- 12/3/25 - Form 8-K
- HOFT's page on the SEC website