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Hooker Furnishings Corporation  (HOFT)
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Hooker Furnishings's Suppliers Performance

HOFT's Supply Chain

 
HOFT Costs vs Sales of Suppliers Growth Hooker Furnishings's Suppliers recorded increase in sales by 16.15 % year on year in Q2 2022, sequentially sales grew by 4.95 %, Hooker Furnishings's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 3.39 % in Q2.

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Hooker Furnishings's Suppliers recorded increase in sales by 16.15 % year on year in Q2 2022, sequentially sales grew by 4.95 %, Hooker Furnishings's cost of sales deteriorated by -6.84 % year on year, sequentially cost of sales grew by 3.39 % in Q2.

More on HOFT Suppliers




Hooker Furnishings'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 Furnishings'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 Income grew by HOFT's Suppliers Net margin grew in Q2 to
34.89 % 12.31 %


Hooker Furnishings Corporation's Suppliers Sales Growth in Q2 2022 by Industry

Suppliers in Chemical Manufacturing Industry      38.04 %
Suppliers in Aluminum Industry      33.91 %
Suppliers in Forestry & Wood Products Industry -2.46 %   
Suppliers in Iron & Steel Industry      25.17 %
Suppliers in Metal Mining Industry  
Suppliers in Miscellaneous Fabricated Products Industry      34.3 %
Suppliers in Paper & Paper Products Industry -1.66 %   
Suppliers in Furniture & Fixtures Industry      0.99 %
Suppliers in Electric & Wiring Equipment Industry      6.56 %
Suppliers in Office Supplies Industry      33.08 %
Suppliers in Renewable Energy Services & Equipment Industry      7.94 %
Suppliers in Blank Checks Industry      43.76 %
Suppliers in Biotechnology & Pharmaceuticals Industry      277433.33 %
Suppliers in Professional Services Industry    
Suppliers in Real Estate Operations Industry -5.38 %   
Suppliers in Marine Transportation Industry      30.79 %
Suppliers in Specialty Retail Industry -9.73 %   
     
• 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 MARKET CAP REVENUES INCOME EMPLOYEES
Hooker Furnishings Corporation 208.15 514.92 -18.61 645
Alcoa Corp 8,567.37 13,128.00 89.00 61,000
Aleris Corporation 0.00 3,375.90 -11.80 5,400
Arconic Corporation 2,281.09 9,157.00 54.00 0
Boise Cascade Company 2,904.44 8,835.52 897.88 5,910
Beam Therapeutics Inc 3,114.80 91.95 -315.45 0
Bassett Furniture Industries Incorporated 173.21 494.48 65.36 2,237
Continental Building Products Inc 1,289.86 518.23 67.48 617
Century Aluminum Company 821.21 3,095.00 97.80 1,778
Costamare Inc 0.00 793.64 435.12 6
Capital Product Partners L p 0.00 184.67 98.18 1
Danaos Corporation 1,178.63 689.51 1,052.84 1,287
Deltic Timber Corp 1,133.91 228.72 9.44 536
Eco Building Products, Inc. 0.00 0.49 -10.60 4
Emerson Electric Co 57,405.49 19,629.00 3,230.00 83,500
Boatim Inc 0.00 0.13 -3.29 1
Ethan Allen Interiors Inc 732.55 802.61 101.64 0
Expeditors International Of Washington Inc 18,409.70 18,867.38 1,599.88 18,000
Flexsteel Industries Inc 85.86 502.28 -2.21 1,460
Ferro Corporation 1,914.77 1,126.26 150.54 4,846
Applied Biosciences Corp. 0.00 0.86 -0.96 1
Global Ship Lease Inc 619.61 447.95 171.50 8
Huntsman Corporation 5,701.10 9,069.00 1,204.00 15,000
International Paper Company 13,233.89 22,292.00 2,686.00 51,000
International Textile Group Inc 0.00 0.00 0.00 4,750
Kaiser Aluminum Corporation 1,442.77 3,458.30 -1.50 2,760
Kimball International Inc 273.62 687.08 -4.11 3,081
Knoll Inc 1,233.57 1,187.70 6.40 3,386
Koppers Holdings Inc 640.13 1,700.40 28.20 742
Quaker Chemical Corporation 3,455.94 1,905.82 78.23 2,020
Leggett and Platt Inc 4,868.30 5,395.40 355.00 22,000
Louisiana pacific Corporation 4,648.68 4,538.00 1,459.00 4,500
La z boy Incorporated 1,143.69 2,436.12 166.00 8,700
Masco Corporation 11,446.12 8,779.00 919.00 18,000
Matson inc 2,482.37 4,808.40 1,380.40 1,056
Arcelormittal 29,461.72 76,571.00 15,565.00 0
Nova Lifestyle Inc 4.02 14.78 -18.18 726
Novelis Inc 0.00 19,063.00 967.00 11,970
The Odp Corporation 2,301.33 8,018.00 -125.00 56,000
Patrick Industries Inc 1,346.38 5,077.44 349.04 0
Plum Creek Timber Co Inc 0.00 1,340.00 214.00 1,308
Performance Shipping Inc 19.04 42.05 3.71 0
Remitly Global Inc 1,815.87 583.77 -107.59 0
Steelcase Inc 975.39 3,095.30 15.60 11,000
Sfl Corporation Ltd 1,391.04 513.40 164.34 7
Seaspan Corp 2,109.07 1,096.33 278.80 3,700
Hg Holdings Inc 21.83 10.71 1.68 71
Tsakos Energy Navigation Limited 0.00 546.12 -150.58 1
Tempur Sealy International Inc 5,568.42 5,093.40 531.80 7,200
Trecora Resources 231.52 301.32 8.99 310
Unique Fabricating Inc 8.27 134.91 -23.36 734
Ufp Industries inc 5,127.89 9,729.85 720.09 9,300
Uniroyal Global Engineered Products Inc 2.43 69.88 2.86 415
Virco Mfg. Corporation 67.81 182.57 1.79 695
Westlake Corporation 13,698.68 16,002.00 2,710.00 8,870
Westlake Chemical Partners Lp 796.88 1,618.76 356.19 141
Weyerhaeuser Company 23,940.90 10,567.00 2,285.00 9,400
United States Steel Corp 6,846.76 22,349.00 3,419.00 34,680
Solitario Zinc Corp 38.21 0.00 -3.73 5
SUBTOTAL 246,976.17 330,247.35 43,219.43 480,120
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