There are two broad factors at play when it comes to residential furniture manufacturers like Hooker Furniture (HOFT). First, as I've noted for a few years now, Hooker and its peers have shown a noted tendency to contradict expectations. Strong quarters are followed by sudden weakness. A company that looks like it's headed in the wrong direction - as La-Z-Boy (LZB) appeared to be last year - will suddenly see improvement (albeit sometimes simply due to the benefit of easier comparisons). Looking at multi-year performance at HOFT, LZB, Ethan Allen Interiors