Hooker Furniture Achieves Double-Digit Sales, Income Gains in Second Quarter
Hooker Furnishings Corporation (HOFT)
US:NASDAQ Investor Relations:
investors.hookerfurniture.com
Company Research
Source: GlobeNewswire
MARTINSVILLE, Va., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $162.5 million for its fiscal 2022 second quarter ended August 1, 2021, a $32.0 million, or 25%, increase compared to the prior year period. Net income for the second quarter was $7.5 million, or $0.62 per diluted share, a 29% increase from a year ago. Consolidated operating income for the fiscal 2022 second quarter was $9.7 million versus $7.5 million in the prior year period, and operating margin improved moderately despite higher freight and raw material costs and ongoing shortages of ocean vessel and trucking capacity. “For the second consecutive quarter, Hooker Furnishings achieved double-digit sales and profitability increases, with all three of our reportable segments posting year-over-year sales gains of more than 20%,” said Jeremy Hoff, chief executive officer and director of Hooker Furnishings. “While we expected sizable impro
Show less
Read more
Impact Snapshot
Event Time:
HOFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HOFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HOFT alerts
High impacting Hooker Furnishings Corporation news events
Weekly update
A roundup of the hottest topics
HOFT
News
- Hooker Furnishings Co. (NASDAQ: HOFT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Hooker Furnishings Reports Improved Profitability in 2024 Fiscal Year [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings Reports Improved Profitability in 2024 Fiscal YearGlobeNewswire
- Hooker Furnishings Co. (NASDAQ: HOFT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- New CEOs at V Starr and DLN, Caroline Hipple joins Hooker Furnishings, and more [Yahoo! Finance]Yahoo! Finance
HOFT
Earnings
- 4/11/24 - Miss
HOFT
Sec Filings
- 4/15/24 - Form 8-K
- 4/12/24 - Form 10-K
- 4/11/24 - Form 8-K
- HOFT's page on the SEC website