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 to Appoint New Independent Director with Industry Expertise [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings to Appoint New Independent Director with Industry ExpertiseGlobeNewswire
- Investors in Hooker Furnishings (NASDAQ:HOFT) have unfortunately lost 56% over the last five years [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings (NASDAQ:HOFT) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Hooker Furnishings (NASDAQ:HOFT) Will Pay A Smaller Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
HOFT
Earnings
- 12/11/25 - Miss
HOFT
Sec Filings
- 1/5/26 - Form SCHEDULE
- 1/2/26 - Form 8-K
- 12/18/25 - Form 8-K
- HOFT's page on the SEC website