$HOFT

Stonegate Capital Partners updated coverage on Hooker Furniture Corporation (HOFT), reporting 2Q27 revenue of $63.3M, operating income of $1.3M, and EPS of $0.16, which met or exceeded estimates. Gross margin expanded to 31.8%, with tariff recoveries contributing significantly. Backlog improved 6.2% year-over-year, driven by growth in Hooker Branded and Domestic Upholstery. Management expects improved second-half results but no near-term industry recovery.

Hooker Furniture (HOFT) reported 2Q27 revenue of $63.3M, operating income of $1.3M, and EPS of $0.16, beating estimates. Gross margin expanded 690 bps YoY to 31.8%, aided by tariff recoveries. Backlog rose 6.2% YoY, with Hooker Branded up 34.7%. Margaritaville is expanding with 100 in-store galleries and 10 freestanding stores.

Hooker Furnishings (HOFT) reported a profitable quarter with net income of $1.7M, reversing a $3.3M loss from a year earlier, despite an 8.7% sales decline. Operating income improved, and gross margins expanded. The company benefited from tariff recoveries and cost reductions. Backlog increased, and cash position strengthened. Management expects market conditions to remain weak. HOFT trades at a forward P/E of 16.72.

Hooker Furnishings (HOFT) reported a profitable Q2 2027, with net income of $1.7M, up $4.9M YoY. Tariff recoveries of $7.9M boosted results, offsetting lower net sales (-8.7% QoQ). Gross margins improved due to tariff recoveries and cost reductions. Backlog increased 6.2% YoY. CEO Jeremy Hoff cited challenging demand but expects momentum to continue.

HOOKER FURNISHINGS Corp (HOFT) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 Hooker Furnishings Reports Profitable Quarter and First Half MARTINSVILLE, Va., Sept. 11, 2026 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (“Hooker” or the “Company”), a global leader in home furnishings, today reported its operating results

U.S. stock futures show modest gains ahead of the August CPI report, with traders anticipating a 64% chance of an S&P 500 rise on Sept. 11. Key factors include geopolitical risks, elevated energy prices, and upcoming economic data. Earnings reports from Kroger, Rent the Runway, and Hooker Furnishings are expected. Taiwan Semiconductor reported strong sales, supporting tech sector fundamentals.

HOOKER FURNISHINGS Corp (HOFT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The Compensation Committee (the “Committee”) of the Board of Directors of Hooker Furnishings Corporation (the “Company”) ha

HOOKER FURNISHINGS Corp (HOFT) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. false 0001077688 0001077688 2026-06-09 2026-06-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Repor

Hooker Furnishings (NASDAQ: HOFT) reported fiscal 2027 first-quarter results ended May 3, 2026. Operating income rose to $1.6 million from a $498,000 operating loss a year earlier, while net sales fell 2.4% to $68.6 million. Consolidated net income was $1.1 million ($0.10/share). The company cited fixed-cost reductions and improved gross margin, plus Hooker Branded backlog up nearly 30%.

HOOKER FURNISHINGS Corp (HOFT) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 Hooker Furnishings Reports Profitability Despite Challenging Market Conditions MARTINSVILLE, Va., June 11, 2026 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (“Hooker” or the “Company”), a global