---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-006746"
form_type: "8-K"
ticker: "HOFT"
cik: "0001077688"
company_name: "HOOKER FURNISHINGS Corp"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T06:56:57.039588+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hooker Furnishings Q3 net loss $4.1M; revenue down 10.7% with $7.5M in charges

## Summary
- GAAP diluted EPS ($0.39); revenue $104.4M, down 10.7% YoY; operating loss $7.3M.
- Charges included $3.1M restructuring (severance), $2.4M bad debt from customer bankruptcy, $2.0M trade-name impairment.
- Home Meridian gross margin 20.5% (highest since 2016) but segment operating loss $3.7M amid $4.6M charges.
- Cash $20.4M vs $43.1M at year-end Jan; $28.3M revolver available; inventory built $4.7M.
- Expect to exceed $10M annualized cost savings in fiscal 2026; refinancing credit facility and paying off term debt.

## SEC filing metadata
- accession: 0001171843-24-006746
- form_type: 8-K
- ticker: HOFT
- cik: 0001077688
- company_name: HOOKER FURNISHINGS Corp
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1077688/000117184324006746/0001171843-24-006746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077688/000117184324006746/f8k_120524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-006746
- JSON: https://secwatch.observer/filing/0001171843-24-006746.json
- Plain text: https://secwatch.observer/filing/0001171843-24-006746.txt

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