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Stock impact report

What's in Store for Hooker Furnishings (HOFT) in Q4 Earnings? [Yahoo! Finance]

Hooker Furnishings Corporation (HOFT) 
US:NASDAQ Investor Relations: investors.hookerfurniture.com
Company Research Source: Yahoo! Finance
In the last reported quarter, the company's earnings topped the Zacks Consensus Estimate by 150% and increased 54.8% year over year. Net sales topped the consensus mark by 0.5% but decreased 22.9% from the prior-year's level. Trend in Estimate Revision The Zacks Consensus Estimate for HOFT's fiscal fourth-quarter earnings has declined to 10 cents per share for 36 cents over the past 30 days. The estimated figure indicates a 23.1% decline from the year-ago earnings of 13 cents per share. Hooker Furnishings Corp. Price and EPS Surprise Hooker Furnishings Corp. price-eps-surprise | Hooker Furnishings Corp. Quote The consensus mark for net sales is pegged at $99.7 million, suggesting a year-over-year decline of 24.1%. Factors to Note Hooker Furnishings' net sales and earnings are likely to have declined in the fiscal fourth quarter. The company has been witnessing soft demand for home furnishings, as well as the negative impact of its exit from the Accentrics Home product Show less Read more
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