{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-001954","form_type":"8-K","ticker":"HOFT","cik":"0001077688","company_name":"HOOKER FURNISHINGS Corp","filed_at":"2024-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.194464+00:00","generated_at":"2026-06-03T23:49:24.232410+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hooker Furnishings reports FY2024 net income $9.9M vs prior year loss; sales down 25.7%","bullets":["FY2024 net income $9.9M ($0.91 diluted EPS) vs net loss $4.3M ($0.37 loss) prior year; operating income $12.4M vs loss $6M.","Q4 net income $593k ($0.06 EPS) vs loss $17.9M ($1.60 loss) prior year; operating income $340k vs loss $23.7M.","Sales fell 25.7% to $433.2M; cash rose $24.2M to $43.2M; inventory cut $34.9M (36%).","HMI segment operating loss improved $31.7M to $5.5M loss; Hooker Branded $16.8M operating income.","Caroline Hipple joined as Chief Creative Officer from Norwalk Furniture to lead brand repositioning."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-001954","json":"https://secwatch.observer/filing/0001171843-24-001954.json","markdown":"https://secwatch.observer/filing/0001171843-24-001954.md","text":"https://secwatch.observer/filing/0001171843-24-001954.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1077688/000117184324001954/0001171843-24-001954-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1077688/000117184324001954/f8k_041124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:49:24.232410+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"979f847603c37992f44a012ffddf61b1144a9456","claim":"HOOKER FURNISHINGS Corp reported fourth quarter ended January 28, 2024 results: net income $593,000, EPS $0.06 per diluted share.","evidence_excerpt":"The Company recorded operating income of $340,000 and net income of $593,000 or $0.06 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077688/000117184324001954/0001171843-24-001954-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended January 28, 2024"},{"label":"Net income","value":"$593,000"},{"label":"EPS","value":"$0.06 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cb25833220a3174c340e26ff077786c74c9329a7","claim":"HOOKER FURNISHINGS Corp reported fiscal year ended January 28, 2024 results: net income $9.9 million, EPS $0.91 per diluted share.","evidence_excerpt":"the Company reported operating income of $12.4 million and net income of $9.9 million, or $0.91 per diluted share for the fiscal year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077688/000117184324001954/0001171843-24-001954-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended January 28, 2024"},{"label":"Net income","value":"$9.9 million"},{"label":"EPS","value":"$0.91 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}