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Stock impact report

Hooker Furnishings Corp (HOFT) Q4 2026 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]

Hooker Furnishings Corporation (HOFT) 
US:NASDAQ Investor Relations: investors.hookerfurniture.com
Company Research Source: Yahoo! Finance
Operating Income: $629,000 for Q4, driven by $1.2 million in Hooker Branded and $617,000 in All Other, offset by a $1.2 million loss in Domestic Upholstery. Net Income from Continuing Operations: $874,000 or $0.08 per diluted share for Q4. Consolidated Net Income: $536,000 or $0.05 per diluted share for Q4. Full Year Net Sales from Continuing Operations: $278.1 million, a decrease of $39.2 million or 12.4% year-over-year. Gross Margin Improvement: 180 basis points for the fiscal year. Operating Loss from Continuing Operations: $16.5 million for fiscal '26, primarily due to $15.6 million in non-cash intangible asset impairment charges. Net Loss from Continuing Operations: $12.8 million or $1.20 per diluted share for fiscal '26. Discontinued Operations Pretax Loss: $19 million for fiscal '26. Consolidated Net Loss: $27 million or $2.54 per diluted share for fiscal '26. Hooker Branded Operating Income: $1.9 million for the year, compared to a prior year operating loss Show less Read more
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