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home / news releases / HOFT - Hooker Furniture: Second Quarter Sales Up Double Digits Record Backlog Stock Has Upside Of 100%

HOFT - Hooker Furniture: Second Quarter Sales Up Double Digits Record Backlog Stock Has Upside Of 100%

Hooker Furnishings Corporation
  • Hooker is up 27% since our initial recommendation and we see a further 108% upside.
  • Supply issues in Asia are only temporary.
  • Second quarter results were mixed; however, overall sales jumped 25% YoY.
  • For each of Hooker's operational segments, the company saw record-high backlogs.
  • Hooker is a beneficiary of the work-from-home trend.

For further details see:

Hooker Furniture: Second Quarter Sales Up Double Digits, Record Backlog, Stock Has Upside Of 100%
Stock Information
Company Name: Hooker Furnishings Corporation
Stock Symbol: HOFT
Market: NASDAQ
Website: hookerfurniture.com
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