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Hooker Furniture Corp (HOFT.OQ)

HOFT.OQ on NASDAQ Stock Exchange Global Select Market

42.05USD
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Hooker Furniture Q3 Earnings Per Share $0.61
Thursday, 7 Dec 2017 08:15am EST 

Dec 7 (Reuters) - Hooker Furniture Corp ::HOOKER FURNITURE REPORTS HIGHER SALES, INCOME AND INCREASED DIVIDEND.Q3 EARNINGS PER SHARE $0.61.Q3 REVENUE $157.9 MILLION.- BOARD DECLARED QUARTERLY CASH DIVIDEND OF $0.14 PER SHARE, AN INCREASE OF 16.7% OR $0.02 PER SHARE.- CONSOLIDATED INVENTORIES STOOD AT $83.6 MILLION AT QUARTER END.- "Q3 HAD MIXED RESULTS, IN THAT RETAIL WEAKENED SIGNIFICANTLY ACROSS ALL SEGMENTS IN SEPTEMBER".  Full Article

Hooker Furniture, units, enter second amended loan agreement​
Friday, 29 Sep 2017 04:29pm EDT 

Sept 29 (Reuters) - Hooker Furniture Corp :Hooker Furniture says ‍on Sept 29, co, units, entered into a second amended and restated loan agreement​ - SEC filing.Hooker Furniture Corp - ‍amended and restated loan agreement provides borrowers with a new $12 million unsecured term loan​.Hooker Furniture - ‍under amended, restated loan agreement, sublimit under existing revolver available for issuance of letters of credit remains $4 million​.  Full Article

Hooker Furniture Q2 earnings per share $0.67
Thursday, 7 Sep 2017 08:20am EDT 

Sept 7 (Reuters) - Hooker Furniture Corp :Hooker Furniture reports double-digit sales and profit gains for second quarter.Q2 earnings per share $0.67.Q2 sales $156.3 million.Hooker Furniture Corp - ‍ at quarter end consolidated inventories stood at $82.0 million​.Hooker Furniture- "have some concern about reports of slower retail business, experienced across most channels recently, as well as lower housing starts"​.  Full Article

Hooker Furniture to acquire Shenandoah Furniture
Thursday, 7 Sep 2017 08:15am EDT 

Sept 7 (Reuters) - Hooker Furniture Corp :Hooker Furniture to acquire domestic upholstery maker Shenandoah.Hooker Furniture Corp - deal for ‍$40 million​.Hooker Furniture Corp - ‍expect acquisition to be accretive to earnings in first full fiscal year, which will start January 29, 2018​.Hooker Furniture Corp - ‍short-term, we expect a nominal reduction per share to earnings for balance of fiscal year 2018​.Hooker Furniture Corp says ‍acquisition expect a nominal reduction per share to earnings for balance of fiscal year 2018​.Hooker Furniture Corp - ‍ purchase price consists of $32 million in cash and $8 million in newly issued hoft common shares​.Hooker Furniture-‍Shenandoah expected to operate as autonomous, stand-alone business, led by Candace Payne, Shenandoah's current President, Phil Payne​.Hooker Furniture Corp - ‍transaction does not require approval by Hooker's shareholders​.  Full Article

Hooker Furniture Corp Q1 sales $130.9 million
Tuesday, 6 Jun 2017 08:30am EDT 

June 6 (Reuters) - Hooker Furniture Corp ::Hooker furniture reports consolidated operating income increased 77.7% to $7.1 million.Q1 earnings per share $0.41.Q1 sales $130.9 million."Expect results to rebound next quarter as positive sales trends continue and measures to improve profitability take effect".Qtrly Hooker Upholstery's sales order backlog was up 85% from prior-year period.Hooker Furniture Corp says inventories as of April 30, 2017 was $79.4 million versus $75.3 million as of Jan 29, 2017.Qtrly net sales $130.9 million versus $121.8 million.  Full Article

Hooker Furniture Q4 EPS 95 cents
Thursday, 6 Apr 2017 08:00am EDT 

Hooker Furniture Corp : Fourth quarter sales and earnings surge lifts hooker furniture’s fiscal year . Q4 sales rose 187.2 percent to $173.9 million . Qtrly earnings per share $0.95 .Hooker Furniture - "based on improvements we've seen in our business over last two quarters, we are fairly bullish about foreseeable future".  Full Article

Hooker Furniture Q3 EPS $0.56
Wednesday, 7 Dec 2016 08:01am EST 

Hooker Furniture Corp : Hooker Furniture reports higher sales and earnings for third quarter . Q3 earnings per share $0.56 .Q3 sales $145.3 million.  Full Article

Hooker Furniture Q1 earnings per share $0.22
Tuesday, 7 Jun 2016 08:00am EDT 

Hooker Furniture Corp : Sets quarterly cash dividend of $0.10per share . Hooker furniture reports first quarter of consolidated results including home meridian . Q1 earnings per share $0.22 .Q1 sales $121.8 million.  Full Article

Hooker Furniture Corp declares quarterly cash dividend
Wednesday, 2 Mar 2016 11:30am EST 

Hooker Furniture Corp:Board of directors declared a quarterly cash dividend of $0.10 per share.Payable on March 31 to shareholders of record date as of March 15.  Full Article

BRIEF-Hooker Furniture Q3 Earnings Per Share $0.61

* HOOKER FURNITURE REPORTS HIGHER SALES, INCOME AND INCREASED DIVIDEND