Hooker Furnishings Corporation (HOFT) |
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Hooker Furnishings's Suppliers Performance
HOFT's Supply Chain
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HOFT Costs vs Sales of Suppliers Growth |
Revenues of Hooker Furnishings's Suppliers, deteriorated by -16.01 % compared to the same quarter a year ago, sequentially sales grew by 1.64 %, Hooker Furnishings's cost of sales deteriorated by -30.59 % year on year, sequentially cost of sales grew by 12.16 % in Q3.
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Hooker Furnishings's Suppliers realized a deteriorated in sales by -16.01 % compared to the same quarter a year ago, sequentially sales grew by 1.64 %, Hooker Furnishings's cost of sales deteriorated by -30.59 % year on year, sequentially cost of sales grew by 12.16 % in Q3.
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News about Hooker Furnishings Corporation Contracts |
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 profit fell by |
HOFT's Suppliers Net margin fell in Q3 to |
-31.72 % |
6.75 % |
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 |
244.69 |
477.68 |
7.43 |
645 |
Alcoa Corp |
6,039.06 |
10,619.00 |
-966.00 |
61,000 |
Arconic Corporation |
3,050.71 |
8,141.00 |
-254.00 |
0 |
Boise Cascade Company |
6,120.32 |
6,308.94 |
381.43 |
5,910 |
Beam Therapeutics Inc |
2,625.20 |
81.55 |
-313.67 |
0 |
Bassett Furniture Industries Incorporated |
132.21 |
389.49 |
-3.17 |
2,237 |
Century Aluminum Company |
1,411.30 |
2,184.90 |
-52.30 |
1,778 |
Costamare Inc |
1,374.74 |
793.64 |
435.12 |
6 |
Capital Product Partners L p |
0.00 |
299.07 |
127.58 |
1 |
Emerson Electric Co |
65,023.69 |
15,837.00 |
11,006.00 |
85,500 |
Ethan Allen Interiors Inc |
856.81 |
704.51 |
80.11 |
5,200 |
Expeditors International Of Washington Inc |
17,992.48 |
10,463.87 |
807.37 |
19,070 |
Flexsteel Industries Inc |
196.83 |
391.67 |
15.24 |
1,460 |
Global Ship Lease Inc |
720.37 |
674.80 |
304.50 |
8 |
Huntsman Corporation |
4,504.25 |
6,111.00 |
153.00 |
15,000 |
International Paper Company |
13,704.59 |
18,916.00 |
288.00 |
31,000 |
Kaiser Aluminum Corporation |
1,375.67 |
3,141.30 |
13.20 |
2,760 |
Kimball International Inc |
458.82 |
703.89 |
-19.46 |
3,081 |
Koppers Holdings Inc |
1,175.43 |
2,218.70 |
82.70 |
742 |
Quaker Chemical Corporation |
3,661.21 |
1,969.76 |
16.70 |
2,020 |
Leggett and Platt Inc |
2,619.72 |
4,724.80 |
-136.80 |
22,000 |
Louisiana pacific Corporation |
6,071.54 |
2,581.00 |
178.00 |
4,500 |
La z boy Incorporated |
1,585.26 |
2,052.87 |
118.95 |
8,700 |
Masco Corporation |
17,816.68 |
7,967.00 |
960.00 |
20,000 |
Matson inc |
3,886.23 |
3,094.60 |
297.10 |
1,056 |
Arcelormittal |
22,823.45 |
68,275.00 |
1,022.00 |
0 |
Nova Lifestyle Inc |
18.91 |
14.18 |
-17.86 |
726 |
Novelis Inc |
0.00 |
16,530.00 |
590.00 |
11,970 |
The Odp Corporation |
2,074.58 |
8,132.00 |
193.00 |
56,000 |
Patrick Industries Inc |
2,626.45 |
3,467.23 |
142.90 |
0 |
Performance Shipping Inc |
12.12 |
75.17 |
13.03 |
0 |
Remitly Global Inc |
3,774.51 |
944.29 |
-117.84 |
0 |
Steelcase Inc |
1,549.48 |
3,186.10 |
75.50 |
11,000 |
Sfl Corporation Ltd |
1,655.72 |
752.29 |
83.94 |
7 |
Hg Holdings Inc |
17.36 |
13.81 |
1.21 |
71 |
Tsakos Energy Navigation Limited |
721.90 |
860.40 |
208.47 |
1 |
Tempur Sealy International Inc |
10,055.50 |
4,924.70 |
370.70 |
7,200 |
Trecora Resources |
231.52 |
301.32 |
8.99 |
310 |
Unique Fabricating Inc |
1.97 |
134.91 |
-23.36 |
734 |
Ufp Industries inc |
7,839.59 |
7,217.94 |
514.46 |
9,300 |
Uniroyal Global Engineered Products Inc |
0.00 |
69.88 |
2.86 |
415 |
Virco Mfg Corporation |
174.71 |
264.52 |
28.33 |
695 |
Westlake Corporation |
19,438.34 |
12,548.00 |
522.00 |
8,870 |
Westlake Chemical Partners Lp |
785.42 |
1,190.79 |
334.63 |
141 |
Williams sonoma Inc |
20,727.01 |
7,750.65 |
949.76 |
28,100 |
Weyerhaeuser Company |
26,276.86 |
7,723.00 |
631.00 |
9,214 |
United States Steel Corp |
10,161.02 |
18,247.00 |
1,149.00 |
34,680 |
Solitario Resources Corp |
42.63 |
0.19 |
-3.75 |
5 |
SUBTOTAL |
293,412.13 |
272,993.74 |
20,198.55 |
472,468 |
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