Sales fall sharply at Hooker, but company expects demand 'to pick up' in second half
Hooker Furnishings reported $97.8 million in consolidated second quarter net sales, a decrease of $55.1 million, or 36%.
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Hooker Furnishings reported $97.8 million in consolidated second quarter net sales, a decrease of $55.1 million, or 36%.
Hooker Furnishings Co. (NASDAQ:HOFT – Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 146,600 shares, an increase of 38.7% from the May 31st total of 105,700 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average […]
StockNews.com upgraded shares of Hooker Furnishings (NASDAQ:HOFT – Get Rating) from a hold rating to a buy rating in a research report released on Tuesday morning. Hooker Furnishings Trading Down 0.3 % Shares of HOFT opened at $18.48 on Tuesday. The company has a current ratio of 4.26, a quick ratio of 2.42 and a […]
StockNews.com upgraded shares of Hooker Furnishings (NASDAQ:HOFT – Get Rating) from a hold rating to a buy rating in a research note released on Friday morning. Hooker Furnishings Stock Performance Shares of Hooker Furnishings stock opened at $17.92 on Friday. The firm has a market cap of $195.69 million, a price-to-earnings ratio of -30.37 and […]
StockNews.com upgraded shares of Hooker Furnishings (NASDAQ:HOFT – Get Rating) from a hold rating to a buy rating in a research note issued to investors on Friday. Hooker Furnishings Trading Down 1.7 % Shares of Hooker Furnishings stock opened at $17.92 on Friday. The stock has a fifty day simple moving average of $16.56 and […]