Hooker Furnishings reports Q1 net income of $1.1M, swinging from prior-year loss

HOOKER FURNISHINGS Corp

Net income $1.1M ($0.10 EPS) vs loss; operating income $1.6M vs loss of $498K prior year.
Sales down 2.4% but gross profit up $2.7M; gross margin improved 440 bps.
Hooker Branded gross margin up 960 bps; backlog up nearly 30% year-over-year.
Margaritaville commitments: 100 in-store galleries and 10 free-standing stores to date.
Cash $10.6M, no term loan debt; $54.2M available borrowing capacity.

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 fiscal 2027 first quarter ended May 3, 2026 results: net income $1.1 million, EPS $0.10 per share.

Period: fiscal 2027 first quarter ended May 3, 2026
Net income: $1.1 million
EPS: $0.10 per share
Result: reported results

Exact text from the filing

The Company reported consolidated net income of $1.1 million, or $0.10 per share

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Source: SEC EDGAR

accession 0001171843-26-004044

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