Hooker Furnishings Reports Improved Sequential Performance in Second Quarter
Hooker Furnishings Corporation (HOFT)
US:NASDAQ Investor Relations:
investors.hookerfurniture.com
Company Research
Source: GlobeNewswire
MARTINSVILLE, Va., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, today reported its fiscal 2025 second quarter operating results for the period beginning April 29 and ending July 28, 2024. Fiscal 2025 Second Quarter overview and cost reduction details: Despite persistent, weak market conditions, sales in the second quarter, typically Hooker Furnishings’ slowest quarter, the Company outperformed the first quarter. The low-single-digit consolidated sales decrease in the second quarter versus the prior year period was a solid sequential improvement from last quarter’s double-digit sales reduction.Despite the losses in the second quarter, both operating and net losses improved compared to the first quarter’s losses of $5.2 million and $4.1 million, respectively. The Company reported a consolidated operating loss of $3.1 million, wi
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News
- Hooker Furnishings to Host Third Quarter Earnings Call December 5thGlobeNewswire
- With 70% ownership in Hooker Furnishings Corporation (NASDAQ:HOFT), institutional investors have a lot riding on the business [Yahoo! Finance]Yahoo! Finance
- Hooker Furnishings (NASDAQ:HOFT) Could Be Struggling To Allocate Capital [Yahoo! Finance]Yahoo! Finance
- Home Trends & Design Welcomes Frank Richardson as Director of Business Development [Yahoo! Finance]Yahoo! Finance
- HOFT Expands Market Reach by Partnering With Margaritaville [Yahoo! Finance]Yahoo! Finance
HOFT
Earnings
- 9/5/24 - Miss
HOFT
Sec Filings
- 11/1/24 - Form SCHEDULE
- 10/25/24 - Form SC
- 10/10/24 - Form SCHEDULE
- HOFT's page on the SEC website