---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005073"
form_type: "8-K"
ticker: "HOFT"
cik: "0001077688"
company_name: "HOOKER FURNISHINGS Corp"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:11:00.489638+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hooker Furnishings Q2 net loss $2.0M, sales down 2.8%; cost cuts of $10M planned

## Summary
- Net sales $95.1M, down 2.8% YoY; net loss $2.0M ($0.19 diluted EPS), improved from Q1 loss of $4.1M.
- Home Meridian segment had first YoY sales increase in two years (+5.6%); operating loss below $1M.
- Cost reduction: $10M in fixed cost savings, ~$5M by FY-end; $3M severance in Q3 from workforce cuts.
- Cash $42.1M, up $1.2M vs Q1; plans to refinance credit facility and pay off $22M term debt in Q3.
- Hooker Branded unit volume up 11.6% YoY; order backlog remains 20% above pre-pandemic levels.

## SEC filing metadata
- accession: 0001171843-24-005073
- form_type: 8-K
- ticker: HOFT
- cik: 0001077688
- company_name: HOOKER FURNISHINGS Corp
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1077688/000117184324005073/0001171843-24-005073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077688/000117184324005073/f8k_090424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005073
- JSON: https://secwatch.observer/filing/0001171843-24-005073.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005073.txt

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