---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-007479"
form_type: "8-K"
ticker: "HOFT"
cik: "0001077688"
company_name: "HOOKER FURNISHINGS Corp"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T15:59:49.605380+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hooker Furnishings Q3 net income up 45% to $0.65 EPS; dividend raised 4.5%

## Summary
- Consolidated net income rose 45.4% to $7M ($0.65 diluted EPS) from $4.8M ($0.42) a year ago.
- Net sales declined 22.9% due to soft demand and exit from Accentrics Home line.
- Home Meridian segment posted first quarterly operating income since 2021: $0.9M vs loss of $3.2M.
- Board declared $0.23 quarterly dividend, a $0.01 increase (4.5%), eighth consecutive annual increase.
- Consolidated orders up $12.7M (15.7%) in Q3; nine-month orders up $75.8M (33.5%).

## SEC filing metadata
- accession: 0001171843-23-007479
- form_type: 8-K
- ticker: HOFT
- cik: 0001077688
- company_name: HOOKER FURNISHINGS Corp
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1077688/000117184323007479/0001171843-23-007479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077688/000117184323007479/f8k_120723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-007479
- JSON: https://secwatch.observer/filing/0001171843-23-007479.json
- Plain text: https://secwatch.observer/filing/0001171843-23-007479.txt

## Key facts
- Earnings Releases
  HOOKER FURNISHINGS Corp reported fiscal 2024 nine-month period ended October 29, 2023 results: net income $9.3 million, EPS $0.85 per diluted share.
  - Period: fiscal 2024 nine-month period ended October 29, 2023
  - Net income: $9.3 million
  - EPS: $0.85 per diluted share
  - Result: reported results
  source text: Consolidated net income was $9.3 million or $0.85 per diluted share, as compared to $13.6 million or $1.14 per diluted share in the prior-year nine-month period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077688/000117184323007479/0001171843-23-007479-index.htm
- Earnings Releases
  HOOKER FURNISHINGS Corp reported fiscal 2024 third quarter results: net income $7 million, EPS $0.65 per diluted share.
  - Period: fiscal 2024 third quarter
  - Net income: $7 million
  - EPS: $0.65 per diluted share
  - Result: reported results
  source text: Consolidated net income for the quarter increased 45.4% to $7 million or $0.65 per diluted share, compared to $4.8 million or $0.42 per diluted share a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077688/000117184323007479/0001171843-23-007479-index.htm

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