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Hooker Furniture (HOFT) reports sales rose 20% in Q1 compared to the 2019 level and profitability improved significantly in all segments. The retailer says incoming order rates are more than double the historical norms. Strong consumer demand led to a 89% sales increase for the Hooker Branded...
Hooker Furniture (HOFT): Q1 GAAP EPS of $0.78 beats by $0.57.Revenue of $162.86M (+55.7% Y/Y) beats by $41.47M.CEO comment: “While we expect the extraordinary levels of demand for home furnishings to diminish somewhat, we also expect that demand for home furnishings will settle into a ...
MARTINSVILLE, Va., June 04, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $162.9 million for its fiscal 2022 first quarter ended May 2, 2021, a $58.3 million, or 56%, increase compared to the year-ago period. Net incom...
Although this week is starting quietly with the U.S. celebrating Memorial Day, there will still be plenty of noise with earnings reports from Zoom (NASDAQ: ZM), Advanced Auto Parts (NYSE: AAP), Express and Slack (WORK). Also, one of the biggest cryptocurrency events of the year, the 2...
MARTINSVILLE, Va., May 14, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (Nasdaq-GS: HOFT) will present its fiscal 2022 first quarter financial results via teleconference and live internet web cast on Friday morning, June 4, 2021 at 9:00 AM Eastern Time. The dial-in number for domes...
The COVID-19 pandemic accelerated an outmigration trend that has been in place for years now - the flight out of high tax states to low tax states. This is apparent across multiple data points and should continue to be an investable theme for the foreseeable future. I detail how I...
Herman Miller yesterday acquired Knoll for $1.8 billion. Knoll's stock was up +35%, whereas Herman Miller was down -9% at the news. Using 16x EV/EBITDA multiple from Herman Miller and Knoll acquisition, we get an implied upside for Kimball of 112%, or an attractive $30 price targe...
We see Hooker Furniture having a total return potential of 47% [in the past, Hooker Furniture has gone up 62% since we initiated coverage]. This stock is relatively inexpensive trading at 7.3x ex-cash P/E. The company has ample net cash, representing 22% of the market cap. The...
Hooker Furniture Corporation (HOFT) Q4 2021 Earnings Conference Call April 14, 2021 09:00 ET Company Participants Paul Huckfeldt - Vice President, Finance and Chief Financial Officer Jeremy Hoff - Chief Executive Officer Conference Call Participants Anthony Lebiedzinski - Sidoti & Company...
Hooker Furniture (HOFT): Q4 GAAP EPS of $0.71 misses by $0.04.Revenue of $155.26M (-5.8% Y/Y) beats by $5.59M.Press Release For further details see: Hooker Furniture EPS misses by $0.04, beats on revenue
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2024-07-02 04:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Dallas, Texas--(Newsfile Corp. - June 7, 2024) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT) To view the full announcement, including downloadable images, bios, and more, click here . Key Tak...
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