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HOFT News and Press, Hooker Furnishings Corporation From 02/23/22

Stock Information

Company Name: Hooker Furnishings Corporation
Stock Symbol: HOFT
Market: NASDAQ
Website: hookerfurniture.com

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HOFT - Hooker Furnishings: Shopping For Value

Hooker Furnishings has had a rough few years, but data for the current fiscal year is looking bullish. The company has generated consistently positive cash flows over time and that trend looks likely to continue. Add in how cheap shares are, and the company should make for an appe...

HOFT - Hooker Furnishings acquires Sunset West for foraying outdoor furniture segment

To gain immediate market share in the growing outdoor furniture segment, Hooker Furnishings (NASDAQ:HOFT) completed the acquisition of Sunset West, west coast-based manufacturer of outdoor furniture, in an all-cash transaction. Under deal terms, Sunset West’s management team and a...

HOFT - Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West

MARTINSVILLE, Va., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Hooker Furnishings (NASDAQ: HOFT) announced to today that it has completed the acquisition of Sunset West, a leading west coast-based manufacturer of outdoor furniture, in an all-cash transaction. The deal enables Hooker Furnishings to im...

HOFT - Dividend Champion, Contender, And Challenger Highlights: Week Of December 26

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion, Contender, An...

HOFT - Dividend Increases: December 4-10, 2021

In this article series, we provide a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases. We provide a snapshot analysis of one of the stocks worth considering, whether to buy or add to your watchlist. For furth...

HOFT - Dividend Challenger Highlights: Week Of December 12

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of December 12

HOFT - Hooker Furniture: Weak Quarter On Short-Term Issues, Backlog Up +300%, Dividend Raised To 3.5% Yield

Hooker had a poor quarter, with revenues and EPS missing expectations. Supply chain headwinds impacting short-term, record +300% backlogs positive intermediate-term. Still undervalued with a P/E of 6.8x, with 30% net cash. Opened a new 800,000 square foot facility in Savannah ...

HOFT - Hooker Furnishings Corporation (HOFT) CEO Jeremy Hoff on Q3 2022 Results - Earnings Call Transcript

Start Time: 09:00 End Time: 09:35 Hooker Furnishings Corporation (HOFT) Q3 2022 Earnings Conference Call December 09, 2021, 09:00 AM ET Company Participants Jeremy Hoff - CEO Paul Huckfeldt - SVP, Finance and Accounting and CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & ...

HOFT - Hooker Furnishings slides as factory closures, rising costs weigh on earnings

Hooker Furnishings (HOFT -7.3%) shares drop after the company reports earnings below consensus due to supply chain challenges and and input cost inflation. Sales fell 11% driven by significantly reduced shipments in the Home Meridian segment due to COVID-related factory closures in Vietn...

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...

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