Page 7 - Hooker Branded News Today

Furniture World News By Nic Ledoux on 12/11/2020 Hooker Furniture recently reported consolidated net sales of $149.7 million and net income of $10 million, or $0.84 per diluted share, for its fiscal 2021 third quarter ended November 1, 2020. Consolidated net sales decreased by 5.4%, or $8.5 million, compared to the prior year period, while net income increased 157.5%, or $6.2 million. Earnings per diluted share for the quarter increased 15...

  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.

Operator Greetings, ladies and gentlemen, and welcome to the Hooker Furniture Quarterly Investor Conference Call reporting its operating results for the 2021 third quarter. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Paul Huckfeldt, Vice President, Finance and Chief Financial Officer for Hooker Furniture Corporation. Paul A. Huckfeldt -- Senior Vice President, Finance and Accounting and Chief Financial Officer Thank y...