Hooker Furnishing Sells Pulaski and Samuel Lawrence Brands for $6.1M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Hooker Furnishing announced it has completed the sale of the Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1M, subject to certain final customary post-closing adjustments. As previously announced ten percent of the purchase price is subject to a holdback for 210 days for customary indemnification and final purchase price adjustments. The Company also shed approximately $4.8M in HMI showroom lease liabilities and related expenses, as Magnussen assumes the lease of HMI's High Point showroom.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy HOFT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on HOFT
About HOFT
Hooker Furnishings Corporation is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home decor for the residential, hospitality and contract markets. The Company also manufactures residential custom leather and custom fabric-upholstered furniture and outdoor furniture. Its segments include Hooker Branded and Domestic Upholstery. Its Major casegoods product categories include home entertainment, home office, accent, dining, and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand. Its Hooker’s residential upholstered seating product lines includes Bradington-Young, HF Custom, Shenandoah Furniture, H Contract, and Sunset West operations. Its Sunset West division is a designer and manufacturer of outdoor furniture. Its Bradington-Young offers upscale motion and stationary leather furniture. Its HF Custom offers chairs, sofas, and recliners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hooker Furnishings (HOFT) Earnings Transcript
Continue Reading
Hooker Furnishings (HOFT) Earnings Call Transcript
Continue Reading