Highest-materiality recent filing
Hooker Furnishings reports Q1 net income of $1.1M, swinging from prior-year loss
Net income $1.1M ($0.10 EPS) vs loss; operating income $1.6M vs loss of $498K prior year.
Hooker Furnishings Q4 net income $536K, sales down 20.5%; full-year net loss $27M
Q4 net sales $67.0M (-20.5% YoY); net income $536K vs. prior-year loss.
Hooker Furnishings closes sale of Pulaski and Samuel Lawrence brands for ~$6.1M
Total purchase price ~$6.1M; cash at close ~$5.5M; holdback ~$611k due in 210 days.
Hooker Furnishings Q3 FY26: operating loss $16.3M, non-cash impairments $15.6M, dividend cut 50%
Q3 consolidated net sales down 14.4%; operating loss $16.3M including $15.6M non-cash impairments and $597K restructuring.
Hooker Furnishings sells Pulaski and Samuel Lawrence brands to Magnussen for $4.8 million
Estimated purchase price of approximately $4.8 million for Pulaski Furniture and Samuel Lawrence casegoods brands.
Hooker Furnishings terminates Chief Administration Officer, targets $25M cost savings
Anne J. Smith, Chief Administration Officer, terminated effective October 31, 2025; plans to retire.
Hooker Furnishings Q2 net sales down 13.6% to $82.1M; operating loss widens to $4.4M
Net loss of $3.3M; restructuring costs of $2.0M contributed to operating loss of $4.4M.
Hooker Furnishings narrows Q1 net loss to $3.1M on cost savings; sales down 8.8%
Net loss of $3.1M ($0.29/diluted share) vs. year-ago loss of $4.1M ($0.39); operating loss reduced 31% to $3.6M.
Q4 net loss of $2.3M ($0.22 diluted loss) vs net income of $593K ($0.06) in prior-year Q4.
Paul Huckfeldt, CFO since 2011, retires effective Feb 2, 2025, after 20+ years with company.
Amended and restated loan agreement on Dec 5, 2024, provides revolving credit facility up to $70 million, with option to increase by $30 million.
Hooker Furnishings Q3 net loss $4.1M; revenue down 10.7% with $7.5M in charges
GAAP diluted EPS ($0.39); revenue $104.4M, down 10.7% YoY; operating loss $7.3M.
Hooker Furnishings Q2 net loss $2.0M, sales down 2.8%; cost cuts of $10M planned
Net sales $95.1M, down 2.8% YoY; net loss $2.0M ($0.19 diluted EPS), improved from Q1 loss of $4.1M.
Hooker Furnishings Q1 net loss $4.1M; sales down 23%; plans 10% fixed cost reduction
Consolidated net sales $93.6M, down 23.2% YoY; operating loss $5.2M vs prior year operating income $2.0M.
Hooker Furnishings reports FY2024 net income $9.9M vs prior year loss; sales down 25.7%
FY2024 net income $9.9M ($0.91 diluted EPS) vs net loss $4.3M ($0.37 loss) prior year; operating income $12.4M vs loss $6M.
Hooker Furnishings Q3 net income up 45% to $0.65 EPS; dividend raised 4.5%
Consolidated net income rose 45.4% to $7M ($0.65 diluted EPS) from $4.8M ($0.42) a year ago.
Hooker Furnishings Q2 net sales fall 36% to $97.8M; net income drops to $0.07 EPS
Net sales $97.8M, down 36% YoY; net income $785k ($0.07 diluted) vs $5.5M ($0.46) prior year.
Net sales $121.8M, down 17.3% YoY; net income $1.5M ($0.13 diluted EPS) vs $3.2M ($0.26).
Hooker Furnishings reports fiscal 2023 net loss of $4.3M, revenue down 1.8% to $583.1M
Fiscal 2023 net loss $4.3M ($0.37/diluted) vs prior year net income $11.7M; operating loss $6.0M.
Hooker Furnishings postpones fiscal 2023 earnings; charges expected under $34M
Earnings release and conference call postponed due to need to finalize non-cash charges from Home Meridian exit.
Hooker Furnishings exits ACH e-commerce unit; records ~$34M non-cash charge; HMI loss in FY2024
Approved exit of Accentrics Home (ACH) e-commerce unit and repositioning of PRI to direct-container model.
Hooker Furnishings Q3 sales $151.6M (+13.6% YoY); net income $4.8M vs loss; dividend +10%
Net sales $151.6M (+13.6% YoY); net income $4.8M ($0.42 EPS) vs net loss $1.2M (-$0.10) prior year.
On September 4, 2024, Hooker Furnishings Corporation (the “Company”) and Tod R. Phelps, Senior Vice-President-Operations and Chief Information Officer, reached an agreement separating Mr. Phelps from the Company effective immediately.
On October 12, 2022, the Board of Directors (the “Board”) of Hooker Furnishings Corporation (the “Company”) voted to increase the size of the Board to eight members and subsequently elected Christopher L. Henson to the Company’s Board effective October 12, 2022
On February 9, 2022, E. Larry Ryder, a member of the Board of Directors (the “Board”) of Hooker Furnishings Corporation (the “Company”) notified the Company of his decision not to stand for re-election at the Company’s 2022 Annual Meeting of Shareholders, which is scheduled to be held on June 7, 2022.
On October 6, 2021, Paul B. Toms, Jr., a member of the Board of Directors of Hooker Furnishings Corporation (the “Company”) and its Chair, notified the Company of his intention to retire from the Company’s Board of Directors effective immediately.
the Company’s Board of Directors (the “Board”) appointed Henry G. Williamson, Jr. to serve as its Chair through the current Board service term that ends with the Company’s next annual meeting of shareholders in June 2022.
On September 2, 2021, Hooker Furniture Corporation (the “Company”) and D. Lee Boone, President of the Company’s Home Meridian segment, reached an agreement separating Mr. Boone from the Company effective immediately.
Max materiality 0.85 · Median 0.53 · Most common event earnings