other material
confidence high
sentiment negative
materiality 0.75
Hooker Furnishings postpones fiscal 2023 earnings; charges expected under $34M
HOOKER FURNISHINGS Corp
- Earnings release and conference call postponed due to need to finalize non-cash charges from Home Meridian exit.
- Charges anticipated to be less than the ~$34 million disclosed in March 2023 8-K, but subject to finalization and audit.
- Company also evaluating effectiveness of internal control over financial reporting as of fiscal year-end.
- No new date set; results will be announced in a future press release.