Hooker Furnishings outlines shift to organic growth with Margaritaville launch and $25M cost savings as divestiture closes [Seeking Alpha]
Hooker Furnishings Corporation (HOFT)
US:NASDAQ Investor Relations:
investors.hookerfurniture.com
Company Research
Source: Seeking Alpha
CEO Jeremy Hoff stated that "during one of the most persistent downturns in industry history, we've spent the past 2 years taking disciplined actions to reshape Hooker Furnishings into a higher Quick Insights Management expects brand realignment and divesture of low-margin segments to shift the company toward higher margins and more consistent long-term performance despite current losses and macroeconomic pressures. The Margaritaville collection is seen as a significant opportunity, with initial purchase commitments surpassing historic product launches by 3-4 times, expected to drive meaningful incremental revenue especially as it ships and places at retail. Gross margin has improved despite declining sales, due to disciplined cost structure changes and product mix shifts; however, challenges persist from ongoing macroeconomic headwinds and discontinued operations. Recommended For You More Trending News
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 (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
- Hooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 MillionGlobeNewswire
- Don't Race Out To Buy Hooker Furnishings Corporation (NASDAQ:HOFT) Just Because It's Going Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- 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