---
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"
generated_at: "2026-06-03T23:49:24.232410+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hooker Furnishings reports FY2024 net income $9.9M vs prior year loss; sales down 25.7%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-001954
- JSON: https://secwatch.observer/filing/0001171843-24-001954.json
- Plain text: https://secwatch.observer/filing/0001171843-24-001954.txt

## Key facts
- Earnings Releases
  HOOKER FURNISHINGS Corp reported fourth quarter ended January 28, 2024 results: net income $593,000, EPS $0.06 per diluted share.
  - Period: fourth quarter ended January 28, 2024
  - Net income: $593,000
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: The Company recorded operating income of $340,000 and net income of $593,000 or $0.06 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077688/000117184324001954/0001171843-24-001954-index.htm
- Earnings Releases
  HOOKER FURNISHINGS Corp reported fiscal year ended January 28, 2024 results: net income $9.9 million, EPS $0.91 per diluted share.
  - Period: fiscal year ended January 28, 2024
  - Net income: $9.9 million
  - EPS: $0.91 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1077688/000117184324001954/0001171843-24-001954-index.htm

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