Hooker Furniture Reports Sales and Income for Fiscal Year, Fourth Quarter
Hooker Furnishings Corporation (HOFT)
US:NASDAQ Investor Relations:
investors.hookerfurniture.com
Company Research
Source: GlobeNewswire
MARTINSVILLE, Va., April 14, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $610.8 million and net income of $17.1 million, or $1.44 per diluted share, for its 2020 fiscal year ended February 2, 2020. Net sales decreased 10.6%, or $72.7 million, compared to last year, and net income decreased 57.2%, or $22.8 million. Earnings per diluted share decreased 57% to $1.44 from $3.38 a year ago. The Company continually monitors its reportable segments for changes in facts and circumstances to determine whether changes in the identification or aggregation of operating segments are necessary. In the fourth quarter of fiscal 2020, the Company updated its reportable segments as follows: Domestic upholstery producers Bradington-Young, Sam Moore and Shenandoah Furniture were moved from All Other and aggregated into a new reportable segment called “Domestic Upholstery.” All Other now consists of H Contract and Lifestyle Brands.
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News
- Hooker Furnishings Announces Sale of Two Brands within Home Meridian Segment [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings Announces Sale of Two Brands within Home Meridian SegmentGlobeNewswire
- Hooker Furnishings (NASDAQ:HOFT) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Bid Now in The Common Thread for the Cure Foundation Silent Auction to Support Breast Cancer [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings (NASDAQ:HOFT) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
HOFT
Earnings
- 9/11/25 - Miss
HOFT
Sec Filings
- 12/3/25 - Form 8-K
- 11/13/25 - Form SCHEDULE
- 11/7/25 - Form 8-K
- HOFT's page on the SEC website