HOFT - Hooker Furniture GAAP EPS of -$1.60 beats by $1.33 revenue of $131.3M misses by $5.49M
2023-04-17 01:26:16 ET
- Hooker Furniture press release ( NASDAQ: HOFT ): Q4 GAAP EPS of -$1.60 beats by $1.33 .
- Revenue of $131.3M (-2.6% Y/Y) misses by $5.49M .
- “By the end of fiscal 2024, we expect to reduce our working capital requirement by about 60%, which will greatly improve our cash flow return on investment while lowering our overhead at HMI by over $12 million over a 2-year period from the beginning of fiscal 2023,” said Paul Huckfeldt, senior vice president and chief financial officer.
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Hooker Furniture GAAP EPS of -$1.60 beats by $1.33, revenue of $131.3M misses by $5.49M