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Hooker Furniture Corporation

HOFT.OQ

Latest Trade

30.08USD

Change

0.81(+2.77%)

Volume

14,194

Today's Range

29.35

 - 

30.16

52 Week Range

12.31

 - 

30.24

As of on the NASDAQ ∙ Minimum 15 minute delay

Latest Developments

Hooker Furniture Q2 Earnings Per Share $0.48

Sept 3 (Reuters) - Hooker Furniture Corp <HOFT.O>::Q2 SALES $130.5 MILLION.BUSINESS BEGAN TO REBOUND IN MID-MAY AND HASN'T LET UP SINCE.Q2 EARNINGS PER SHARE $0.48.FISCAL JULY CONSOLIDATED INCOMING ORDERS WERE UP 34%.CONSOLIDATED INVENTORIES STOOD AT $67.7 MILLION AT QUARTER END.REVISITING SALES FORECASTS WEEKLY AND ADJUSTING PRODUCTION ORDERS BASED ON INCOMING DEMAND.

Hooker Furniture Says Recorded $44.3 Million In Non-Cash Impairment Charges

July 27 (Reuters) - Hooker Furniture Corp <HOFT.O>::HOOKER FURNITURE - RECORDED $44.3 MILLION IN NON-CASH IMPAIRMENT CHARGES.HOOKER FURNITURE - IMPAIRMENT CHARGES IN Q1 WERE TO WRITE DOWN GOODWILL, SOME TRADENAMES IN HOME MERIDIAN UNIT & GOODWILL IN SHENANDOAH UNIT OF DOMESTIC UPHOLSTERY SEGMENT.HOOKER FURNITURE CORP - COVID-19 HAD A MATERIAL IMPACT ON FINANCIAL PERFORMANCE IN FISCAL 2021 Q1.HOOKER FURNITURE CORP - DETERMINED THAT ANOTHER INTANGIBLE ASSET VALUATION WAS APPROPRIATE GIVEN CO'S PERFORMANCE AND CHANGING MARKET DYNAMICS.HOOKER FURNITURE CORP - ORDERS PLUMMETED OVER 70% YEAR-OVER-YEAR IN MARCH AND APPROXIMATELY 65% IN APRIL.HOOKER FURNITURE CORP - ORDERS DECLINED SIGNIFICANTLY IN FIRST FEW WEEKS OF MAY BUT RECOVERED RESULTING IN ABOUT 5% OVERALL REDUCTION FOR FULL MONTH.HOOKER FURNITURE CORP - FISCAL JUNE AND JULY ORDERS HAVE CONTINUED THIS POSITIVE TREND.HOOKER FURNITURE CORP - QTRLY NET SALES $104.6 MILLION VERSUS $135.5 MILLION.HOOKER FURNITURE CORP - QTRLY LOSS PER SHARE $2.95.

Hooker Furniture Board Elects Jeremy Hoff To Succeed Paul Toms As CEO

June 19 (Reuters) - Hooker Furniture Corp <HOFT.O>::HOOKER FURNITURE CORPORATION BOARD ELECTS JEREMY HOFF TO SUCCEED PAUL TOMS AS CEO; TOMS RETIREMENT SET FOR 2021.HOOKER FURNITURE CORP - PAUL TOMS WILL REMAIN AS CHAIRMAN OF BOARD.

Hooker Furniture Posts Q1 Preliminary Loss Per Share Of $0.09

June 12 (Reuters) - Hooker Furniture Corp <HOFT.O>::HOOKER FURNITURE REPORTS PRELIMINARY RESULTS FOR FIRST QUARTER DURING FEBRUARY-APRIL COVID CRISIS.Q1 PRELIMINARY LOSS PER SHARE $0.09.Q1 SALES $104.6 MILLION.COVID-19 HAD A MATERIAL IMPACT ON OUR FINANCIAL PERFORMANCE IN FISCAL 2021 Q1.WE EXPECT Q2 TO BE SIGNIFICANTLY BETTER THAN Q1.HOOKER FURNITURE - HAD TO REDUCE WORKFORCE BY 35 EMPLOYEES BUT WERE ABLE TO KEEP 97% OF U.S. EMPLOYEES ON BOARD.HOOKER FURNITURE - EXPECT SOME NEGATIVE IMPACTS TO GROSS MARGINS & OPERATING INCOME AS WE RAMP PRODUCTION UP TO MEET INCREASING DEMAND DURING FISCAL 2021 Q2.

Hooker Furniture Reports Sales, Income For Fiscal Year, Fourth Quarter

April 14 (Reuters) - Hooker Furniture Corp <HOFT.O>::HOOKER FURNITURE REPORTS SALES AND INCOME FOR FISCAL YEAR, FOURTH QUARTER.Q4 EARNINGS PER SHARE $0.59.Q4 SALES $164.9 MILLION.

Pzena Investment Management Reports 12.45% Passive Stake In Hooker Furniture Corp

Jan 7 (Reuters) - Hooker Furniture Corp <HOFT.O>::PZENA INVESTMENT MANAGEMENT LLC REPORTS 12.45% PASSIVE STAKE IN HOOKER FURNITURE CORP AS OF DECEMBER 31, 2019 - SEC FILING.

Hooker Furniture Reports Q3 Earnings Per Share $0.33

Dec 6 (Reuters) - Hooker Furniture Corp <HOFT.O>::HOOKER FURNITURE REPORTS THIRD QUARTER SALES, EARNINGS AND INCREASED DIVIDEND.Q3 EARNINGS PER SHARE $0.33.Q3 SALES $158.2 MILLION.HOOKER FURNITURE - DECLARED A QUARTERLY CASH DIVIDEND OF $0.16 PER SHARE, AN INCREASE OF 6.7% OR $0.01 PER SHARE, PAYABLE ON DECEMBER 30, 2019.EXPECT EARNINGS TO IMPROVE ON A SEQUENTIAL BASIS NEXT QUARTER.ANTICIPATE SHIPMENTS TO BE DOWN WITH SINGLE LARGE RETAILER BY ABOUT $20 MILLION VERSUS 2019 Q4.SOURCING TRANSITIONS TO NON-TARIFF COUNTRIES ARE ON SCHEDULE.HOOKER FURNITURE - EXPECT TO REDUCE PORTION OF OVERALL PRODUCT LINE IMPORTED FROM CHINA TO ABOUT 22% BY FISCAL YEAR END, SEES FURTHER PROGRESS IN 2021.HOOKER FURNITURE - EFFECTS OF 25% TARIFFS ON CHINA IMPORTED FINISHED GOODS & COMPONENT PARTS, SPOTTY RETAIL DEMAND NEGATIVELY AFFECTED PERFORMANCE.HOOKER FURNITURE - TARIFFS ON CHINA IMPORTED FURNITURE IN SUMMER RESULTED IN 10% PRICE INCREASE ON PORTION OF CO'S HOOKER BRANDED SEGMENT PRODUCTS.HOOKER FURNITURE - ONE LESS WEEK OF SHIPMENTS IN YEAR, CHINESE & VIETNAMESE NEW YEAR HOLIDAY VACATIONS BEING EARLIER TO IMPACT PERFORMANCE NEXT QUARTER.

Hooker Furniture Corp Posts Q2 EPS Of $0.35

Sept 5 (Reuters) - Hooker Furniture Corp <HOFT.O>::ORATION REPORTS SECOND QUARTER SALES AND EARNINGS.Q2 EARNINGS PER SHARE $0.35.Q2 SALES $152.2 MILLION."BUSINESS IN QUARTER WAS SIGNIFICANTLY IMPACTED BY TARIFFS ON FINISHED GOODS AND COMPONENT PARTS IMPORTED FROM CHINA".HOOKER FURNITURE - OUR BUSINESS WAS SIGNIFICANTLY IMPACTED BY TARIFFS ON FINISHED GOODS AND COMPONENT PARTS IMPORTED FROM CHINA AND WEAK RETAIL DEMAND THROUGH FIRST SIX MONTHS OF YEAR."WE ARE ON SCHEDULE IN SHIFTING PRODUCTION AWAY FROM CHINA."."EXPECT LESS THAN ABOUT 22% OF OUR PRODUCTS WILL BE PRODUCED IN CHINA BY END OF THIS FISCAL YEAR"."EXPECT TARIFFS TO IMPACT RESULTS LESS EVERY QUARTER GOING FORWARD AS WE MOVE MOST SOURCING AWAY FROM CHINA".HOOKER FURNITURE - REMAIN CAUTIOUSLY OPTIMISTIC ABOUT H2 OF YEAR & STILL EXPECT RETAIL BUSINESS AND DEMAND WILL IMPROVE TO BETTER LEVELS BEGINNING THIS FALL.

Hooker Furniture Reports Q1 Earnings Per Share $0.17

June 12 (Reuters) - Hooker Furniture Corp <HOFT.O>::REPORTS FIRST QUARTER SALES AND EARNINGS.Q1 EARNINGS PER SHARE $0.17.Q1 SALES $135.5 MILLION.EXPECT MANY OF CURRENT CHALLENGES TO PERSIST THROUGHOUT SUMMER, A TRADITIONALLY SLOWER SELLING SEASON FOR HOME FURNISHINGS.EXPECT DEMAND TO INCREASE TO NORMAL OR ABOVE-AVERAGE LEVELS BEGINNING AROUND LABOR DAY AND INTO FALL.HOOKER FURNITURE - QUARTER-END CONSOLIDATED INVENTORIES STOOD AT $110.8 MILLION.

Hooker Furniture Q4 Earnings Per Share $1.24

April 16 (Reuters) - Hooker Furniture Corp <HOFT.O>::HOOKER FURNITURE REPORTS DOUBLE-DIGIT SALES, INCOME GAINS FOR FISCAL YEAR, FOURTH QUARTER.Q4 EARNINGS PER SHARE $1.24.NET SALES FOR 14 WEEKS ENDED FEB 3 OF $200.5 MILLION VERSUS $175.5 MILLION FOR 13 WEEKS ENDED JANUARY 28, 2018."WE HAVE SEEN A SOFTENING OF DEMAND AND RETAIL ACTIVITY IN THE FIRST TWO MONTHS OF FISCAL 2020".CHALLENGES IN QUARTER INCLUDED UNEXPECTED 10% TARIFF ON FINISHED GOODS & COMPONENT PARTS FROM CHINA.HAVE SEEN SOFTENING OF DEMAND AND RETAIL ACTIVITY IN FIRST TWO MONTHS OF FISCAL 2020.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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