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Hooker Furniture Corporation  (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 recorded increase in sales by 51.63 % year on year in Q2 2021, sequentially sales grew by 15.24 %, Hooker Furniture's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 1.18 % in Q2.

More on HOFT Suppliers




Hooker Furniture's Suppliers recorded increase in sales by 51.63 % year on year in Q2 2021, sequentially sales grew by 15.24 %, Hooker Furniture recorded increase in cost of sales by 26.33 % year on year, sequentially cost of sales grew by 1.18 % 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 Income grew by HOFT's Suppliers Net margin grew in Q2 to
10.52 %


Hooker Furniture Corporation's Suppliers Sales Growth in Q2 2021 by Industry

Suppliers in Chemical Manufacturing Industry      62.06 %
Suppliers in Aluminum Industry      51.52 %
Suppliers in Forestry & Wood Products Industry      78.7 %
Suppliers in Iron & Steel Industry      140.32 %
Suppliers in Metal Mining Industry  
Suppliers in Miscellaneous Fabricated Products Industry      51.73 %
Suppliers in Paper & Paper Products Industry      11.73 %
Suppliers in Miscellaneous Manufacturing Industry      43.72 %
Suppliers in Apparel, Footwear & Accessories Industry      145.96 %
Suppliers in Appliance & Tool Industry      20.01 %
Suppliers in Auto & Truck Parts Industry      106.32 %
Suppliers in Furniture & Fixtures Industry      60.26 %
Suppliers in Office Supplies Industry      15.29 %
Suppliers in Oil & Gas Integrated Operations Industry      69.27 %
Suppliers in Real Estate Investment Trusts Industry      92.77 %
Suppliers in Biotechnology & Pharmaceuticals Industry     
Suppliers in Transport & Logistics Industry      39.85 %
Suppliers in Marine Transportation Industry      66.93 %
Suppliers in Specialty Retail Industry      5.76 %
     
• 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 Furniture Corporation 304 701 63 645
Alcoa Corp 9,298 11,204 956 61,000
Aleris Corporation 0 3,376 -12 5,400
Arconic Corporation 3,166 6,828 -441 0
Boise Cascade Company 2,638 7,327 581 5,910
Beam Therapeutics Inc 5,266 1 -401 0
Bassett Furniture Industries Inc 165 475 20 2,237
Continental Building Products Inc 1,290 518 67 617
Century Aluminum Company 1,233 1,754 -43 1,778
Costamare Inc 0 460 9 6
Capital Product Partners L p 0 141 30 1
Danaos Corporation 1,722 462 154 1,287
Deltic Timber Corp 1,134 229 9 536
Eco Building Products, Inc. 0 0 -11 4
Emerson Electric Co 55,464 18,236 2,327 103,500
Boatim Inc 0 0 -3 1
Ethan Allen Interiors Inc 638 716 71 0
Expeditors International Of Washington Inc 22,086 14,455 1,164 14,670
Flexsteel Industries Inc 221 511 24 1,460
Ferro Corporation 1,872 1,102 150 4,846
Applied Biosciences Corp. 0 1 -1 1
Global Ship Lease Inc 404 283 42 8
Huntsman Corporation 7,232 7,814 857 15,000
International Paper Company 18,217 22,293 1,800 58,000
International Textile Group Inc 0 0 0 4,750
Kaiser Aluminum Corporation 1,540 2,088 -14 2,760
Kimball International Inc 389 578 -3 3,081
Knoll Inc 1,234 1,188 6 3,386
Koppers Holdings Inc 710 1,679 147 742
Quaker Chemical Corporation 4,345 1,681 131 2,020
Leggett and Platt Inc 5,837 4,810 408 19,000
Louisiana pacific Corporation 6,995 4,421 1,438 4,500
La z boy Incorporated 1,595 2,030 131 8,700
Masco Corporation 17,019 8,213 549 32,000
Matson inc 3,666 3,358 619 1,056
Arcelormittal 33,801 53,270 -578 0
Nova Lifestyle Inc 13 12 -26 726
Novelis Inc 0 14,846 830 11,970
The Odp Corporation 2,124 9,119 84 56,000
Patrick Industries Inc 1,784 3,631 201 0
Plum Creek Timber Co Inc 0 1,340 214 1,308
Performance Shipping Inc 23 42 4 0
Remitly Global Inc 676 0 0 0
Steelcase Inc 1,426 2,576 5 11,000
Sfl Corporation Ltd 973 471 -224 7
Seaspan Corp 2,109 1,096 279 3,700
Hg Holdings Inc 29 97 3 71
Tsakos Energy Navigation Limited 0 644 27 1
Tempur Sealy International Inc 9,308 4,628 594 7,200
Trecora Resources 212 256 0 310
Unique Fabricating Inc 20 131 -7 734
Ufp Industries inc 5,713 8,013 470 9,300
Uniroyal Global Engineered Products Inc 6 73 6 415
Virco Mfg Corporation 52 202 3 695
Westlake Chemical Corporation 12,507 10,236 1,532 8,870
Westlake Chemical Partners Lp 845 1,068 364 141
Weyerhaeuser Company 29,667 10,058 2,483 12,800
United States Steel Corp 6,776 17,215 3,154 34,680
Solitario Zinc Corp 31 0 -2 5
SUBTOTAL 283,467 267,257 20,175 518,190


       
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