Hooker Furniture: Q1 Earnings Insights

Shares of Hooker Furniture HOFT were unaffected in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 152.94% over the past year to ($0.09), which missed the estimate of $0.02.

Revenue of $104,597,000 declined by 22.82% year over year, which missed the estimate of $105,580,000.

Guidance

Hooker Furniture hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jun 12, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/vz74tkvc

Technicals

52-week high: $27.39

Company's 52-week low was at $12.30

Price action over last quarter: Up 27.57%

Company Overview

Hooker Furniture Corp is a designer, marketer, and importer of case goods, leather furniture and fabric-upholstered furniture for the residential, hospitality and contract markets. The company also domestically manufacture premium residential custom leather and custom fabric-upholstered furniture. Its segments are Hooker Branded, Home Meridian, Domestic Upholstery and others. The Hooker Branded segment includes a wide range of design categories, home entertainment, home office, dining and bedroom furniture, Home Meridian segment include Samuel Lawrence Furniture, Pulaski Furniture, Domestic Upholstery includes the domestic upholstery manufacturing operations of Sam Moore and Shenandoah Furniture and others. The company generates a majority of its revenue from the Home Meridian Segment.