Market Overview

Hooker Furniture: Q3 Earnings Insights

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Shares of Hooker Furniture (NASDAQ:HOFT) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 180.00% over the past year to $0.84, which beat the estimate of $0.60.

Revenue of $149,687,000 declined by 5.37% from the same period last year, which missed the estimate of $159,090,000.

Outlook

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

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

How To Listen To The Conference Call

Date: Dec 10, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/zrhr37fw

Recent Stock Performance

Company's 52-week high was at $33.99

Company's 52-week low was at $12.30

Price action over last quarter: Up 12.62%

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.

 

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Posted-In: Earnings News