HOFT News and Press, Hooker Furnishings Corporation From 12/10/20

Gainers: Planet Green (PLAG) +26%. Monaker Group (MKGI) +12%. AgroFresh Solutions (AGFS) +8%. Drive Shack (DS) +7%. Hooker Furniture (HOFT) +7%.Losers: AquaBounty Technologies (AQB) -18%. Francesca's (FRAN) -14%. Bally's (BALY) -10%. RAVE Restaurant (RAVE) -9%. Genesco (GC...

Hooker Furniture (HOFT): Q3 GAAP EPS of $0.84 beats by $0.24.Revenue of $149.69M (-5.4% Y/Y) misses by $9.18M.Press Release For further details see: Hooker Furniture EPS beats by $0.24, misses on revenue

MARTINSVILLE, Va., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $149.7 million and net income of $10 million, or $0.84 per diluted share, for its fiscal 2021 third quarter ended November 1, 2020. Consolidated...

$0.25 special dividend announced on Dec. 4. Wholesale orders and shipments increased YoY by 26% and 9%, respectively. Record backlog levels, strong cash balance of $4.82/share (27% of the current stock price), and 9.4% FCF yield on FY21. Bassett continues to be a beneficiary o...

The stock trades at half price from all-time highs as the outlook is uncertain. A deleveraging process is needed after the Muuto's acquisition. E-commerce and residential sales are growing by leaps and bounds. The company has shown profitability again in the third quarter. ...

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases. We include a table of ex-dividend dates for the next two weeks. For further details see: Dividend Changes: November 28-December 4, 2020

Hooker Furniture (HOFT) declares $0.18/share quarterly dividend, 12.5% increase from prior dividend of $0.16.Forward yield 2.33%Payable Dec. 31; for shareholders of record Dec. 16; ex-div Dec. 15.See HOFT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: H...

MARTINSVILLE, Va., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) announced that on December 2, 2020, its board of directors declared a quarterly cash dividend of $0.18 per share, payable on December 31, 2020 to shareholders of record at December 16, 2020. ...

Flexsteel strong housing beneficiary; 52% stock upside. Stellar Sept. quarter: 60% order growth with record backlog of $89 million (3 months of sales). Two-year restructuring over, pure play housing company now at inflection point. The company has an FCF yield of 17% on 0...

MARTINSVILLE, Va., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (Nasdaq-GS:HOFT) will present its fiscal 2021 third quarter financial results via teleconference and live internet web cast on Thursday morning, December 10, 2020 at 9:00 AM Eastern Time. The dial-in number fo...