HOFT - Hooker Furniture EPS misses by $0.40 beats on revenue

Hooker Furniture (NASDAQ:HOFT): Q3 GAAP EPS of -$0.10 misses by $0.40. Revenue of $133.4M (-10.9% Y/Y) beats by $3.37M. Press Release “Consumer and retail demand remain historically strong, with consolidated backlogs nearly triple compared to pre-pandemic level. However, we expect some level of continued supply chain turbulence and product and raw materials cost inflation to impact our net sales and income in the short term, at least through the second quarter of next fiscal year," says Jeremy Hoff, chief executive officer.

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Hooker Furniture EPS misses by $0.40, beats on revenue