Hooker Furniture Corporation
HOFT-
Hooker Furniture Corporation decreased 1.21% to $10.60, and the furniture and home décor manufacturer reported a 68% rise in net loss in the latest quarter ending on August 3.
Consolidated revenue declined 13.6% to $82 million from $95.1 million, net loss advanced to $3.28 million from $1.95 million, and diluted losses per share expanded to 31 cents from 19 cents a year ago.
The Home Meridian segment’s net sales declined 44.5% to $13.6 million.
"About 40% of the decline came from the project-based hospitality business, where two large projects entered the shipping phase in the second quarter of last year, 35% of the decline came from traditional furniture channels due to macroeconomic pressures and tariff-related hesitancy, and 25% of the decline came from the loss of a major customer that filed for bankruptcy last year," the company said in a statement to investors.
During the second quarter, the company paid $5 million in dividends.
"We are on target for our new expense structure, which reduces our fixed costs by approximately 25%, largely to be in place by the end of the third quarter," said CEO Jeremy Hoff.
The company is struggling under high tariffs on lumber from Canada and 20% tariffs on furniture and upholstered products from Vietnam.
The company said it's multi-phase restructuring plan is set to achieve annual savings of $25 million starting fiscal 2027.
Sep 12, 2025 -
Hooker Furniture said third quarter revenue increased 13.6% to $151.6 million and the company swung to a profit of $4.8 million or 42 cents a share from a loss of $1.2 million or 10 cents a year ago.
Dec 8, 2022
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| Trading Volume | 529 |
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27.06 - 13.39 |
| Market Cap Full | $ 173.2M |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | -1.7% | -4.9% | -7.9% | -2.7% |
| Q2 | - | -9.6% | -39.5% | 2.6% |
| Q3 | - | -9.6% | 5.3% | 4.2% |
| Q4 | - | -9.6% | -22.9% | 31.5% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| -4.9 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -11.5 | 6.2 | -2 | -23.5 | -5.5 | -18 | 8.3 | 5.3 | - | - | - | -24.9 |
| 2023 | |||||||||||
| 12.6 | 4.4 | -17.3 | -13.1 | -6.1 | 25.7 | 7.6 | 7.3 | -9.7 | -14 | 6.9 | 45.9 |
| 2022 | |||||||||||
| -5.3 | -4.7 | -9.9 | -11 | 2.3 | -9.9 | 6.4 | -4.1 | -15 | 11.9 | 12.7 | 9.9 |
| 2021 | |||||||||||
| -5.4 | 10.9 | 7.8 | 2.9 | -1.9 | -5.9 | -4.4 | -5.9 | -13.4 | -6.6 | -5.8 | -1.9 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | -1.5 | 1 | 0.8 |
| Q2 | 0.1 | 0.3 | 0.8 |
| Q3 | 0.1 | 0.7 | 1.4 |
| Q4 | 0.7 | 0.4 | 1.3 |
| A | -0.66 | -0.4 | 1 |