HOFT Stock Price & Analysis

Hooker Furnishings Corp

HOFT

Hooker Furnishings Corp

12.170

+12.170(+0%)6M

HOFT Stock Price Chart

YTD

HOFT Key Stats

High

12.335

Vol

31.33K

Low

12.150

Amount

383.06K

Open

12.335

VWAP

12.23

Mkt Cap

130.35M

EV/EBITDA(TTM)

327.25

HOFT Company Profile

Hooker Furnishings Corporation is a designer, marketer and importer of case goods (wooden and metal furniture), leather furniture, fabric-upholstered furniture and outdoor furniture for the residential, hospitality and contract markets. Its segments include Hooker Branded, Home Meridian and Domestic Upholstery. Hooker Branded segment which includes two businesses: Hooker Casegoods, which covers a wide range of design categories and includes home entertainment, home office, accent, dining and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand; and Hooker Upholstery, imported upholstered furniture targeted at the upper-medium price-range. The Home Meridian segment which includes Accentrics Home, Pulaski Furniture, Samuel Lawrence Furniture and Samuel Lawrence Hospitality brands/marketing units. The Domestic Upholstery segment Bradington-Young, HF Custom, Shenandoah Furniture and Sunset West operations.

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HOFT Fundamental Analysis

HOFT Earnings Analysis

Hooker Furnishings Corporation Common Stock Corporation (HOFT.O) Q3 2025 Earnings Conference Call

Positive

Net Sales Decline: Consolidated net sales were $104 million, a decrease of $12.5 million or 10.7% compared to the same quarter of the previous year.
Net Sales Decline: For the nine month period, consolidated net sales was $293 million, a decrease of $43 million or 12.9% compared to the same period of the previous year.
Operating Loss Reported: The company reported a consolidated operating loss of $15 million and a net loss of $10.2 million or $0.97 per diluted share attributed to lower overall sales, higher ocean freight costs at Hooker Branded, absorbed indirect costs at Domestic Upholstery as well as the $7.5 million in charges mentioned earlier.
Gross Margin Achievement: The company reported a gross margin of 20.5%, its highest levels since the acquisition in 2016.
Sustainable Profitability Improvement: The restructuring efforts at Home Meridian over the recent years have shown meaningful results towards creating sustainable profitability, including significantly reduced allowance, improved product margins and lower fixed costs across nearly all of this segment.

Negative

Home Furnishings Industry Loss: Ongoing low demand in the home furnishings industry adversely affected results, leading to an operating loss of $7.3 million and a consolidated net loss of $4.1 million, or $0.39 per diluted share in Q3 2024.
Sales Decline Analysis: Consolidated net sales decreased by $12.5 million, or 10.7%, compared to the same quarter of the previous year, totaling $104 million.
Net Sales Decline: For the nine-month period, consolidated net sales were $293 million, a decrease of $43 million or 12.9% compared to the same period of the previous year.
Operating Loss Reported: The company reported a consolidated operating loss of $15 million and a net loss of $10.2 million, or $0.97 per diluted share attributed to lower overall sales and higher ocean freight costs.
Net Sales Decline: Net sales decreased by $5.1 million or 11.8% in the third quarter compared to the prior year, primarily due to reduced unit volume.

Positive

Net Sales Decline: Consolidated net sales were $104 million, a decrease of $12.5 million or 10.7% compared to the same quarter of the previous year.
Net Sales Decline: For the nine month period, consolidated net sales was $293 million, a decrease of $43 million or 12.9% compared to the same period of the previous year.
Operating Loss Reported: The company reported a consolidated operating loss of $15 million and a net loss of $10.2 million or $0.97 per diluted share attributed to lower overall sales, higher ocean freight costs at Hooker Branded, absorbed indirect costs at Domestic Upholstery as well as the $7.5 million in charges mentioned earlier.
Gross Margin Achievement: The company reported a gross margin of 20.5%, its highest levels since the acquisition in 2016.
Sustainable Profitability Improvement: The restructuring efforts at Home Meridian over the recent years have shown meaningful results towards creating sustainable profitability, including significantly reduced allowance, improved product margins and lower fixed costs across nearly all of this segment.

Negative

Home Furnishings Industry Loss: Ongoing low demand in the home furnishings industry adversely affected results, leading to an operating loss of $7.3 million and a consolidated net loss of $4.1 million, or $0.39 per diluted share in Q3 2024.
Sales Decline Analysis: Consolidated net sales decreased by $12.5 million, or 10.7%, compared to the same quarter of the previous year, totaling $104 million.
Net Sales Decline: For the nine-month period, consolidated net sales were $293 million, a decrease of $43 million or 12.9% compared to the same period of the previous year.
Operating Loss Reported: The company reported a consolidated operating loss of $15 million and a net loss of $10.2 million, or $0.97 per diluted share attributed to lower overall sales and higher ocean freight costs.
Net Sales Decline: Net sales decreased by $5.1 million or 11.8% in the third quarter compared to the prior year, primarily due to reduced unit volume.