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Recent Updates — HOFT

September 11, 2026View Source ↗

Hooker Furnishings reported fiscal 2027 second-quarter net income of $1.7 million ($0.15 diluted EPS), a significant improvement from the prior-year loss of $3.3 million. Consolidated net sales decreased 8.7% to $63.3 million, while operating income turned positive at $1.3 million compared to a $0.5 million loss previously. The results were heavily influenced by $7.9 million in tariff recoveries received following a U.S. Supreme Court ruling invalidating certain IEEPA tariffs; without these recoveries, the company would have reported lower profitability. Cash and cash equivalents rose to $18.7 million as proceeds from tariff refunds and collections funded debt repayment, share repurchases, and dividends. The company operates in the home furnishings industry, designing, marketing, and importing casegoods, upholstery, lighting, and accessories for residential and hospitality markets.

September 3, 2026View Source ↗

Hooker Furnishings Corporation declared a quarterly cash dividend of $0.115 per share on September 3, 2026. The payment is scheduled for September 30, 2026, to shareholders of record as of September 15, 2026. Hooker Furnishings Corporation operates in the furniture manufacturing and retail industry, designing, marketing, and importing casegoods, leather and upholstered furniture, lighting, and home décor for residential, hospitality, and contract markets.

June 11, 2026View Source ↗

On June 11, 2026, Hooker Furnishings Corporation issued a press release regarding its results of operations and financial condition. The company operates in the home furnishings industry, designing and manufacturing furniture.