---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-005629"
form_type: "8-K"
ticker: "HOFT"
cik: "0001077688"
company_name: "HOOKER FURNISHINGS Corp"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T21:59:51.891375+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hooker Furnishings Q2 net sales fall 36% to $97.8M; net income drops to $0.07 EPS

## Summary
- Net sales $97.8M, down 36% YoY; net income $785k ($0.07 diluted) vs $5.5M ($0.46) prior year.
- Operating income $1.3M (1.3% of sales) vs $7.3M (4.8%) a year ago.
- Generated $51M cash from operations; cash $50M at quarter end; inventory down $70M vs prior year.
- Acquired BOBO Intriguing Objects (lighting, décor, accents) to broaden product diversity.
- Board declared $0.22/share quarterly dividend payable Sept 29, record Sept 18.

## SEC filing metadata
- accession: 0001171843-23-005629
- form_type: 8-K
- ticker: HOFT
- cik: 0001077688
- company_name: HOOKER FURNISHINGS Corp
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077688/000117184323005629/0001171843-23-005629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077688/000117184323005629/f8k_090823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-005629
- JSON: https://secwatch.observer/filing/0001171843-23-005629.json
- Plain text: https://secwatch.observer/filing/0001171843-23-005629.txt

## Key facts
- Earnings Releases
  HOOKER FURNISHINGS Corp reported fiscal 2024 second quarter results: revenue $97.8 million, net income $785,000, EPS $0.07 per diluted share.
  - Period: fiscal 2024 second quarter
  - Revenue: $97.8 million
  - Net income: $785,000
  - EPS: $0.07 per diluted share
  - Result: reported results
  source text: Consolidated net sales for the fiscal 2024 second quarter were $97.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077688/000117184323005629/0001171843-23-005629-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.