Hooker Furnishings Q4 net income $536K, sales down 20.5%; full-year net loss $27M

HOOKER FURNISHINGS Corp

Q4 net sales $67.0M (-20.5% YoY); net income $536K vs. prior-year loss.
Full-year net sales $278.1M (-12.4%); net loss $27M includes $15.6M impairment and $14.2M discontinued ops loss.
Hooker Branded full-year operating income $1.9M vs. prior-year loss; Domestic Upholstery Q4 op. loss down >50%.
Divested Pulaski Furniture and Samuel Lawrence Furniture; received $5.5M cash proceeds.
Board authorized $5M share repurchase; annual dividend recalibrated to $0.46/share.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HOOKER FURNISHINGS Corp reported the fiscal 2026 fourth quarter and full-year ended February 1, 2026 results: revenue Net sales of $67.0 million, net income net income of $536,000.

Period: the fiscal 2026 fourth quarter and full-year ended February 1, 2026
Revenue: Net sales of $67.0 million
Net income: net income of $536,000
Result: reported results

Exact text from the filing

Key Results for the Fourth Quarter Fiscal 2026: Continuing operations returned to profitability with operating income of $0.6 million despite lower sales volume. Net sales of $67.0 million, down 20.5% year-over-year, primarily due to lower hospitality project shipments and a one-week shorter quarter. Hooker Branded delivered operating income, supported by margin

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Source: SEC EDGAR

accession 0001171843-26-002494

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