Hooker Furnishings Corporation
NASDAQ Global SelectRecent
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- Business
- Hooker Furnishings Corporation (NASDAQ: HOFT), founded in 1924 and headquartered in Martinsville, Virginia, designs, imports, manufactures and distributes residential, hospitality and contract furniture worldwide, primarily through a global supply chain sourcing from Asia and domestic upholstery facilities in the US. The company operates through three main segments offering casegoods such as bedroom, dining, accent, home office and entertainment furniture; upholstery including leather motion, stationary sofas, sectionals, recliners and fabric-upholstered items; and outdoor furnishings; under brands including Hooker Furniture, Bradington-Young, HF Custom, Home Meridian (encompassing Pulaski Furniture, Samuel Lawrence Furniture, Prime Resources International, Accentrics Home), Sunset West, H Contract and BOBO Intriguing Objects, targeting independent retailers, designers, mass merchants, e-commerce platforms, department stores and four- to five-star hotels across North America and select international markets. Recent strategic changes include the December 2025 announcement of asset sales for two Home Meridian brands to Magnussen Home for approximately $4.8 million plus relief from equivalent showroom lease liabilities, part of a multi-year portfolio streamlining to focus on high-earning brands; the prior-month launch of a Margaritaville licensed collection; ongoing cost reductions exceeding $25 million annualized by fiscal 2027 through warehousing, distribution and administrative efficiencies; and a multiphase fixed-cost elimination plan achieving $3.7 million savings in the first half of fiscal 2026 amid softer industry demand.
Company News
Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) 2Q27
Hooker Furnishings: Macro Still An Issue For Discretionary Spend
Hooker Furnishings Corporation (HOFT) Q2 2027 Earnings Call Transcript
Hooker Furnishings Q2 Earnings Call Highlights
Hooker Furniture (HOFT) Surpasses Q2 Earnings Estimates
Hooker Furnishings Reports Profitable Quarter and First Half
Hooker Furnishings Declares Quarterly Dividend
Ancora Advisors LLC Buys Shares of 84,205 Hooker Furnishings Corp. $HOFT
Hooker Furnishings to Host Second Quarter Earnings Call September 11th
Richard Pzena's Strategic Acquisition of Hooker Furnishings Corp Shares
Hooker Furniture (HOFT) is on the Move, Here's Why the Trend Could be Sustainable
What Makes Hooker Furniture (HOFT) a Strong Momentum Stock: Buy Now?
Despite Fast-paced Momentum, Hooker Furniture (HOFT) Is Still a Bargain Stock
5 Stocks With Recent Price Strength to Maximize Your Gains
Recent Price Trend in Hooker Furniture (HOFT) is Your Friend, Here's Why
HOFT Q1 Earnings Call Flags Cautious Demand, Margaritaville Lift
Hooker Furnishings' Stellar Progress In A Rough Environment Warrants An Upgrade
Hooker Furnishings Corporation (HOFT) Q1 2027 Earnings Call Transcript
Hooker Furnishings Q1 Earnings Call Highlights
Hooker Furniture (HOFT) Tops Q1 Earnings and Revenue Estimates