---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-002122"
form_type: "8-K"
ticker: "HOFT"
cik: "0001077688"
company_name: "HOOKER FURNISHINGS Corp"
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:42:09.998031+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hooker Furnishings closes sale of Pulaski and Samuel Lawrence brands for ~$6.1M

## Summary
- Total purchase price ~$6.1M; cash at close ~$5.5M; holdback ~$611k due in 210 days.
- Company sheds ~$4.8M in High Point showroom lease liabilities assumed by Magnussen.
- Retains Samuel Lawrence Hospitality line under exclusive royalty-free license; reported in 'All other' segment.
- CEO cites higher-than-estimated price and positive momentum; new share repurchase program noted.
- Pro forma shows removal of discontinued ops; $13.6M net loss from continuing ops in FY26 YTD.

## SEC filing metadata
- accession: 0001185185-25-002122
- form_type: 8-K
- ticker: HOFT
- cik: 0001077688
- company_name: HOOKER FURNISHINGS Corp
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077688/000118518525002122/0001185185-25-002122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077688/000118518525002122/hoft8k121625.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-002122
- JSON: https://secwatch.observer/filing/0001185185-25-002122.json
- Plain text: https://secwatch.observer/filing/0001185185-25-002122.txt

## Source-grounded claims
- claim_id: e388e40d9436e5d10270ca2723982037f7cce852
  claim: HOOKER FURNISHINGS Corp completed a disposition involving Magnussen Home Furnishings, Inc. for approximately $6.1 million (closed 2025-12-12).
  evidence_excerpt: (EXHIBIT 99.1) --- EX-99.1 2 hoftex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Hooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 Million MARTINSVILLE, Va., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (“Hooker” or the “Company”), a global leader in home furnishings, today
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077688/000118518525002122/0001185185-25-002122-index.htm

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