Hooker Furnishings Corp
HOFT

$15.77

2.11%

Market Cap: $169M

Consumer Discretionary Household Furniture

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

3.14% less ownership

Funds ownership: 75.64% [Q1] → 72.5% (-3.14%) [Q2]

6% less funds holding

Funds holding: 81 [Q1] → 76 (-5) [Q2]

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

32% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 31

42% less capital invested

Capital invested by funds: $193M [Q1] → $112M (-$81.4M) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for HOFT.

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about HOFT published over the past 30 days

Hooker Furnishings: Losing Comfort As Margins Shrink (Ratings Downgrade)

Hooker Furnishings faces declining sales, operational inefficiencies, and liquidity issues, leading to a downgrade to a 'Sell' rating despite recent cost-cutting measures. The company's stock has underperformed significantly, with a -10% total return since the 'Hold' rating, compared to S&P 500's 24% gain. Elevated debt, declining orders, and a high payout ratio raise concerns about the sustainability of Hooker's dividend and overall financial health.

Hooker Furnishings: Losing Comfort As Margins Shrink (Ratings Downgrade)

Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY25

Dallas, Texas--(Newsfile Corp. - September 6, 2024) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT) To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Margins remain above 20% Strong dividend yield of 6.0% Backlog increased ~8.4% YTD Click image above to view full announcement.

Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY25

Zacks Investment Research

Hooker Furnishings' Q2 Loss Wider Than Expected, Sales Top

HOFT's second-quarter fiscal 2025 results reflect softness in home furnishings demand and increased expenses.

Hooker Furnishings' Q2 Loss Wider Than Expected, Sales Top

6%-Yielding Hooker Furnishings: Stocks Bottom On Bad News

Hooker Furnishings Corporation has faced challenges due to a housing market slowdown and softer demand but has made strategic moves to offload lower-margin businesses. Despite a poor fiscal Q2, the Home Meridian segment showed positive growth, with increased sales and improved gross margins, signaling potential recovery. The company expects significant cost savings and improved inventory management, positioning it for growth as macroeconomic conditions improve and rate cuts begin.

6%-Yielding Hooker Furnishings: Stocks Bottom On Bad News

Hooker Furnishings Corporation (HOFT) Q2 2025 Earnings Call Transcript

Hooker Furnishings Corporation (NASDAQ:HOFT ) Q2 2025 Earnings Conference Call September 5, 2024 9:00 AM ET Company Participants Paul Huckfeldt - CFO Jeremy Hoff - CEO Conference Call Participants Anthony Lebiedzinski - Sidoti Dave Storms - Stonegate Operator Good day, and thank you for standing by. Welcome to the Hooker Furnishings Corp. Second Quarter 2025 Earnings Webcast [Operator Instructions].

Hooker Furnishings Corporation (HOFT) Q2 2025 Earnings Call Transcript

Zacks Investment Research

Hooker Furniture (HOFT) Reports Q2 Loss, Tops Revenue Estimates

Hooker Furniture (HOFT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.07 per share a year ago.

Hooker Furniture (HOFT) Reports Q2 Loss, Tops Revenue Estimates

Hooker Furnishings Reports Improved Sequential Performance in Second Quarter

MARTINSVILLE, Va., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, today reported its fiscal 2025 second quarter operating results for the period beginning April 29 and ending July 28, 2024.

Hooker Furnishings Reports Improved Sequential Performance in Second Quarter

Hooker Furnishings Declares Quarterly Dividend

MARTINSVILLE, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on September 3, 2024, its board of directors declared a quarterly cash dividend of $0.23 per share, payable on September 30, 2024, to shareholders of record on September 13, 2024.

Hooker Furnishings Declares Quarterly Dividend

Zacks Investment Research

What to Expect Ahead of Hooker Furnishings' Q2 Earnings Release

HOFT's second-quarter fiscal 2025 results are likely to reflect softness in home furnishings demand trends, along with hiked costs and expenses.

What to Expect Ahead of Hooker Furnishings' Q2 Earnings Release

Hooker Furnishings to Host Second Quarter Earnings Call September 5th

MARTINSVILLE, Va., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2025 second quarter financial results via teleconference and live internet web cast on Thursday morning, September 5, 2024 at 9:00 AM Eastern Time.

Hooker Furnishings to Host Second Quarter Earnings Call September 5th

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