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Hooker Furniture Corp  (HOFT)
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Hooker Furniture's Suppliers Performance

HOFT's Supply Chain

 
HOFT Costs vs Sales of Suppliers Growth Hooker Furniture's Suppliers realized sales deteriorated by -2.53 % compare to the same quarter a year ago, sequentially sales grew by 87.96 %, Hooker Furniture's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 12.2 % in Q2.

More on HOFT Suppliers




Hooker Furniture's Suppliers realized sales deteriorated by -2.53 % compare to the same quarter a year ago, sequentially sales grew by 87.96 %, Hooker Furniture's cost of sales deteriorated by -7.21 % year on year, sequentially cost of sales grew by 12.2 % in Q2.

More on HOFT Suppliers




Hooker Furniture's Comment on Supply Chain


We operated approximately 507,400 square feet of manufacturing and supply plant capacity in North Carolina and Virginia for our domestic upholstered furniture production. We consider the machinery and equipment at these locations to be generally modern and well-maintained.

We believe there are continued strong market opportunities for domestically produced upholstery, particularly in the upper and upper-medium price points, which provide two key competitive advantages compared to imported upholstery:

the ability to offer customized upholstery combinations to the upscale consumer and interior design trade; and

the ability to offer quick four-to six-week product delivery of custom products.

Significant materials used in manufacturing upholstered furniture products include leather, fabric, foam, wooden frames and metal mechanisms. Most of the leather is imported from Italy, South America and China, and is purchased as full hides and cut and sewn in our facilities, or is purchased as pre-cut and sewn kits processed by our vendors to our pattern specifications.


Hooker Furniture's Comment on Supply Chain


We operated approximately 507,400 square feet of manufacturing and supply plant capacity in North Carolina and Virginia for our domestic upholstered furniture production. We consider the machinery and equipment at these locations to be generally modern and well-maintained.

We believe there are continued strong market opportunities for domestically produced upholstery, particularly in the upper and upper-medium price points, which provide two key competitive advantages compared to imported upholstery:

the ability to offer customized upholstery combinations to the upscale consumer and interior design trade; and

the ability to offer quick four-to six-week product delivery of custom products.

Significant materials used in manufacturing upholstered furniture products include leather, fabric, foam, wooden frames and metal mechanisms. Most of the leather is imported from Italy, South America and China, and is purchased as full hides and cut and sewn in our facilities, or is purchased as pre-cut and sewn kits processed by our vendors to our pattern specifications.



HOFT's Suppliers Net profit fell by HOFT's Suppliers Net margin fell in Q2 to
-70.88 % 2.43 %


Hooker Furniture Corp's Suppliers Sales Growth in Q2 2019 by Industry

Suppliers in Chemical Manufacturing Industry -6.76 %   
Suppliers in Aluminum Industry -8.06 %   
Suppliers in Forestry & Wood Products Industry -7.13 %   
Suppliers in Iron & Steel Industry -12.03 %   
Suppliers in Paper & Paper Products Industry      0.62 %
Suppliers in Construction Raw Materials Industry -10.82 %   
Suppliers in Miscellaneous Manufacturing Industry -5.37 %   
Suppliers in Apparel, Footwear & Accessories Industry -7.41 %   
Suppliers in Appliance & Tool Industry      5.12 %
Suppliers in Auto & Truck Parts Industry -14.98 %   
Suppliers in Furniture & Fixtures Industry      5.79 %
Suppliers in Office Supplies Industry      10.6 %
Suppliers in Oil & Gas Integrated Operations Industry      1.86 %
Suppliers in Real Estate Investment Trusts Industry -18.06 %   
Suppliers in Transport & Logistics Industry      3.99 %
Suppliers in Marine Transportation Industry      0.14 %
Suppliers in Specialty Retail Industry -1.64 %   
     
• HOFT Suppliers Valuation • HOFT Segment Rev. Growth • HOFT Segment Inc. Growth • HOFT Suppliers Mgmt. Effect.





HOFT's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Hooker Furniture Corp HOFT 287 659 30 645
Alcoa Corp AA 4,127 11,341 -286 61,000
Aleris Corporation ALSDPK 0 3,452 55 5,400
Arconic Inc. ARNC 13,132 10,707 444 41,500
Boise Cascade Company BCC 1,496 4,674 -19 5,910
Beam Inc BEAM 0 3,726 363 0
Bassett Furniture Industries Inc BSET 169 455 5 2,237
Continental Building Products, Inc. CBPX 1,117 518 67 617
Century Aluminum Company CENX 704 1,888 -141 1,778
Costamare Inc. CMRE 961 380 67 6
Capital Product Partners L.p. CPLP 212 279 0 1
Danaos Corp DAC 166 588 38 1,287
Diana Containerships Inc. DCIX 6 24 4 298
Deltic Timber Corp DEL 1,134 229 9 536
Eco Building Products, Inc. ECOB 0 0 -11 4
Emerson Electric Co. EMR 45,960 18,289 2,226 103,500
Boatim Inc. EOX 0 0 0 1
Ethan Allen Interiors Inc ETH 517 733 31 5,200
Expeditors International Of Washington Inc EXPD 13,366 8,382 636 14,670
Flexsteel Industries Inc FLXS 146 430 -24 1,460
Fortune Brands, Inc. FO 0 0 0 0
Ferro Corporation FOE 1,053 1,638 59 4,846
Applied Biosciences Corp. FRRX 0 1 -3 1
Global Ship Lease, Inc. GSL 73 157 -57 8
Huntsman Corporation HUN 5,342 8,151 -25 15,000
International Paper Company IP 18,169 24,197 1,372 58,000
International Textile Group Inc ITXN 0 0 0 4,750
Kaiser Aluminum Corporation KALU 1,815 1,553 93 2,760
Kimball International Inc KBAL 792 775 40 3,081
Knoll, Inc. KNL 1,337 1,411 82 3,386
Koppers Holdings Inc. KOP 893 1,773 31 742
Quaker Chemical Corporation KWR 2,146 851 57 2,020
Leggett & Platt Inc LEG 7,344 4,507 291 19,000
Louisiana-pacific Corporation LPX 3,667 2,717 329 4,500
La-z-boy Incorporated LZB 1,697 1,774 69 8,700
Masco Corp MAS 13,216 8,171 725 32,000
Matson, Inc. MATX 1,689 2,245 93 1,056
Arcelormittal MT 17,454 76,033 5,330 0
Nova Lifestyle, Inc. NVFY 15 89 0 726
Novelis Inc. NVLCN 0 11,869 431 11,970
Office Depot Inc ODP 1,554 10,914 31 56,000
Officemax Inc OMX 0 0 0 0
Plum Creek Timber Co Inc PCL 0 1,340 214 1,308
Steelcase Inc SCS 2,172 3,636 138 11,000
Sfl Corporation Ltd SFL 1,557 419 74 7
Seaspan Corp SSW 2,316 1,096 279 3,700
Hg Holdings, Inc. STLY 8 97 0 71
Temple-Inland Inc. TIN 0 0 0 0
Tsakos Energy Navigation Ltd TNP 285 530 -101 1
Tempur Sealy International, Inc. TPX 4,849 2,799 124 7,200
Trecora Resources TREC 216 272 -1 310
Unique Fabricating, Inc. UFAB 29 157 -9 734
Universal Forest Products inc UFPI 3,087 4,406 175 9,300
Uniroyal Global Engineered Products, Inc. UNIR 19 94 0 415
Virco Mfg Corporation VIRC 63 201 -1 695
Westlake Chemical Corporation WLK 9,503 8,419 660 8,870
Westlake Chemical Partners Lp WLKP 811 1,269 324 141
Weyerhaeuser Company WY 22,052 10,462 -155 12,800
United States Steel Corporation X 2,366 12,692 630 34,680
Solitario Zinc Corp. XPL 17 0 1 5
SUBTOTAL 210,816 272,810 14,763 565,188


             
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