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09.06.2022 - MARTINSVILLE, Va., June 09, 2022 (GLOBE NEWSWIRE) - Hooker Furnishings Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $147.3 million for its fiscal 2023 first quarter ended May 1, 2022, a $15.5 million, or 9.5%, decrease as ...
Hooker Furnishings (NASDAQ:HOFT – Get Rating) will issue its quarterly earnings data before the market opens on Thursday, June 9th. Persons interested in registering for the company’s earnings conference call can do so using this link. Hooker Furnishings (NASDAQ:HOFT – Get Rating) last issued its quarterly earnings data on Wednesday, April 13th. The company reported […]
Hooker Furnishings Co. (NASDAQ:HOFT – Get Rating) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totalling 501,000 shares, an increase of 32.3% from the April 15th total of 378,600 shares. Currently, 4.3% of the company’s stock are sold short. Based on an average […]
Freight costs tripled, factories were shuttered by COVID, and component prices were inflated. Still, buoyed by sales from its branded and domestic upholstery segments, Hooker Furnishings Corp. reported net sales increases of 9.9%.
Hooker had a poor quarter, with EPS missing expectations. Still undervalued with an ex-cash P/E of 4.5x, with 44% net cash. Read more about HOFT stock here.