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Hooker Furnishings posts double-digit income gains in third quarter

Hooker Furnishings posts double-digit income gains in third quarter
woodworkingnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from woodworkingnetwork.com Daily Mail and Mail on Sunday newspapers.

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Hooker Furnishings Posts Double-Digit Income Gains in Third

Hooker Furnishings Posts Double-Digit Income Gains in Third
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Hooker Furnishings: Ramping Up Income Power (NASDAQ:HOFT)

Hooker Furnishings: Ramping Up Income Power (NASDAQ:HOFT)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

Jeremy Hoff , Hooker Furnishings Corporation , Furnishings Corporation , Accentrics Home , Home Meridian , Hooker Branded , Home Meridian Segment ,

Hooker Furnishings Reports Positive Momentum in Fiscal 2023 Second Quarter

Hooker Furnishings Reports Positive Momentum in Fiscal 2023 Second Quarter
forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.

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Hooker Furniture Reports Fourth Quarter Profitability Improvements, Continued Strong Demand and Increased Backlogs

Hooker Furniture Reports Fourth Quarter Profitability Improvements, Continued Strong Demand and Increased Backlogs
MARTINSVILLE, Va., April 14, 2021 (GLOBE NEWSWIRE) Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales for the fiscal 2021 fourth quarter of $155.3 million, with net income of $8.5 million, a $1.5 million or 22% increase compared to net income in the fourth quarter a year ago. Earnings per share for the quarter were $0.71 per diluted share, an increase of 20%.
Net sales for the quarter, which began November 2, 2020 and ended January 31, 2021, decreased by $9.6 million, or 5.8%, compared to last fiscal year’s fourth quarter sales. Sales increased in two of the Company’s three reportable segments for the quarter, with Hooker Branded sales up almost $10 million or 25% over the prior year quarter, and Domestic Upholstery sales up approximately $1.4 million or 6% compared to the quarter a year ago. The consolidated sales decr ....

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