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Hooker Furnishings Corporation  (NASDAQ: HOFT)
 
Price: $13.1000 $-0.27 -2.019%
Day's High: $13.135000228881836 Week Perf: -5.21 %
Day's Low: $ 12.80 30 Day Perf: -6.23 %
Volume (M): 50,099 52 Wk High: $ 18.09
Volume (M$): $ 0 52 Wk Avg: $12.52
Open: $13.14 52 Wk Low: $8.62



 Market Capitalization (Millions $) 141
 Shares Outstanding (Millions) 11
 Employees 840
 Revenues (TTM) (Millions $) 307
 Net Income (TTM) (Millions $) -26
 Cash Flow (TTM) (Millions $) -7
 Capital Exp. (TTM) (Millions $) 2

Business Description


Hooker Furniture Corporation is a home furnishings marketing, design and logistics company offering worldwide sourcing of residential and contract casegoods and upholstery, as well as domestically-produced custom leather and fabric-upholstered furniture. We were incorporated in Virginia in 1924 and are ranked among the nation’s top 10 largest publicly traded furniture sources. We are a key resource for residential wood and metal furniture (commonly referred to as “casegoods”) and upholstered furniture. Our major casegoods product categories include accents, home office, dining, bedroom and home entertainment furniture under the Hooker Furniture brand. Our residential upholstered seating companies include Bradington-Young, a specialist in upscale motion and stationary leather furniture and Sam Moore Furniture, focused on upscale occasional chairs, settees, sofas and sectional seating with an emphasis on cover-to-frame customization. An extensive selection of designs and formats along with finish and cover options in each of these product categories makes us a comprehensive resource for retailers primarily targeting the upper-medium price range. We also market a line of imported leather upholstery under the Hooker Upholstery trade name and work directly with several large customers to develop private-label, unbranded products exclusively for those customers. Our H Contract division supplies upholstered seating and casegoods to upscale senior living facilities throughout the country, working with designers specializing in the contract industry to provide functional furniture for senior living facilities that meets the style and comfort expectations of today’s retirees. Homeware is an online-only brand that is sold through leading international e-commerce retailers. It supplies unique chairs, sofas and ottomans designed to be assembled in minutes by the consumer with no tools or hardware required.

For our core product line, our principal customers are both traditional and online retailers of residential home furnishings that are broadly dispersed throughout the United States and in thirty-six other countries around the globe. Our customers include independent furniture stores, specialty retailers, department stores, catalog and internet merchants, interior designers and national and regional chains. They are serviced by over 60 independent North American sales representatives and 8 foreign sales representatives. H Contract’s customers include designers, design firms, industry dealers and distributors and senior living facilities throughout the United States. It has its own sales force of independent multi-line sales representatives. Homeware’s customers are primarily online Home furnishings retailers including Wayfair, Hayneedle and One Kings Lane.

Our mission is to “enrich the lives of the people we touch,” using the following strategy:


To offer world-class style, quality and product value as a complete residential and contract wood, metal and upholstered furniture resource through excellence in product design, manufacturing, global sourcing, marketing, logistics, sales and customer service.


To be an industry leader in sales growth and profitability performance, providing an outstanding investment for our shareholders and contributing to the well-being of our customers, employees, suppliers and community.


To nurture the relationships, teamwork and integrity that define our corporate culture and have distinguished our company for over 90 years.



   Company Address: 440 East Commonwealth Boulevard Martinsville 24112 VA
   Company Phone Number: 632-2133   Stock Exchange / Ticker: NASDAQ HOFT


Customers Net Income grew by HOFT's Customers Net Profit Margin grew to

24.41 %

6.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BSET   -0.48%    
ETD        1.59% 
FLXS   -1.32%    
LEG   -1.5%    
LZB   -1.49%    
WSM   -4%    
• View Complete Report
   



Dividend

Navigating Market Turbulence: Hooker Furnishings Declares Quarterly Dividend As Strategic Initiatives Unfold Amidst Share Price Volatility,

Published Wed, Mar 5 2025 9:31 PM UTC

Hooker Furnishings Declares Quarterly Dividend Amidst Changing Market Dynamics and Strategic Growth InitiativesMARTINSVILLE, Va. March 5, 2025 Hooker Furnishings Corporation (Nasdaq-GS: HOFT), a renowned leader in the home furnishings industry, has announced on March 5, 2025, that its board of directors has declared a quarterly cash dividend of $0.23 per share. The dividen...

Dividend

Hooker Furnishings Declares Quarterly Dividend Amidst Strategic Partnerships and Improved Financial Performance

Published Tue, Dec 3 2024 11:01 AM UTC

In a recent announcement that has caught the attention of investors and market analysts alike, Hooker Furnishings Corporation (Nasdaq-GS: HOFT) declared a quarterly cash dividend of $0.23 per share, marking a significant step in the company s ongoing commitment to delivering shareholder value. Set to be paid on December 30, 2024, to shareholders of record on December 13, 202...

Partnership

Hooker Furnishings and Margaritaville Join Forces Strategic Partnership Amidst Market Fluctuations

Published Mon, Oct 7 2024 10:00 AM UTC

In an exciting development within the furniture industry, Hooker Furnishings has officially entered into a global licensing agreement with the iconic Margaritaville brand. This strategic partnership aims to deliver a wide range of indoor and outdoor home furnishings tailored to cater to various market segments, including residential areas, hospitality venues, and commercial ...

Dividend

Hooker Furnishings Corporation Declares $0.23 Quarterly Dividend, Reinforcing Commitment to Shareholder Value Amid Market Stability,

Published Tue, Sep 3 2024 9:25 PM UTC

Hooker Furnishings Corporation Delivers Consistent Returns with Quarterly Dividend Declaration
In a show of confidence and commitment to its shareholders, Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a well-established player in the home furnishings market, has announced a quarterly cash dividend of $0.23 per share. This declaration by the company s board of directo...

Dividend

Hooker Furnishings Declares Quarterly Dividend, Rewarding Shareholders with Consistent Returns

Published Tue, Jun 4 2024 9:25 PM UTC



In a recent press release, Hooker Furnishings Corporation (Nasdaq-GS: HOFT) has announced the declaration of a quarterly cash dividend of $0.23 per share. This move demonstrates the company s commitment to providing consistent returns to its shareholders. Coupled with the recent drop in the stock price during the Q2 of 2024, this dividend declaration aims to restor...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.46
Price to Sales (Expected) -
Price to Book 0.83
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.36
Working Capital Ratio 4.14
Leverage Ratio (MRQ) 0.21
Total Debt to Equity -
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -2.49 $
Revenues (TTM) 28.46 $
Cash Flow (TTM) -
Cash 0.99 $
Book Value 15.69 $
Dividend (TTM) 0.81 $

Efficiency Current
Revenue per Employee (TTM) 365,223
Net Income per Employee (TTM) -31,519
Receivable Turnover Ratio (TTM) 11.8
Inventory Turnover Ratio (TTM) 5.97
Asset Turnover Ratio (TTM) 1.62

Profitability Ratios Current
Gross Margin (MRQ) 30.02 %
Operating Margin (MRQ) 2.3 %
Net Margin (MRQ) 1.55 %
Net Cash Flow Margin (MRQ) 13.86 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield 3.54 %
Pay out Ratio (TTM) -



Hooker Furnishings's Segments
Hooker Branded    51.51 % of total Revenue
Domestic Upholstery    41.34 % of total Revenue
All Other    8.41 % of total Revenue
Casegoods    51.68 % of total Revenue
Upholstery    49.57 % of total Revenue





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