Hooker Furnishings Corporation (HOFT)

Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) 4Q26April 20, 2026 9:40 AM
NewsfileDallas, Texas--(Newsfile Corp. - April 20, 2026) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). HOFT reported revenue, operating income, and adj EPS of $67.0M, $0.6M, and $0.05, respectively. This compares to our/consensus estimates of $77.1M/$74.1M, $1.6M/$1.0M, and $0.09/$0.05. For the quarter, HOFT reported revenue of $67.0M, down 20.5% y/y, driven by a one-week shorter period, lower hospitality shipments, and an estimated $3M-$4M of January weather disruption. Despite the weaker top line, profitability improved, with gross margin up 380bps y/y to 30.0% and continuing ops operating income improving to $0.6M from a loss last year. Within the quarter, Hooker Branded held operating income essentially flat y/y at $1.2M, while Domestic Upholstery reduced its operating loss by more than 50% y/y to $(1.2)M. For the full year, net sales declined 12.4% to $278.1M, while gross margin improved 180bps to 26.4% and SG&A fell $11.9M. Full-year results remained pressured by $15.6M of non-cash impairment charges, contributing to an operating loss of $16.5M and net loss of $27.0M. Overall, we believe continuing operations are showing improved earnings power despite still-soft demand with HOFT well positioned for what we expect to be a strong second half. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: A cleaner, lower-cost platform sets up a more back-half-weighted FY27, with Margaritaville ramping in 2H. Improving margin expansion is becoming more visible despite still-soft demand. Post-divestiture liquidity improved materially, leaving the balance sheet meaningfully cleanerexiting FY26. Click image above to view full announcement. About StonegateStonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies. Contacts: Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com Source: Stonegate, Inc. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293361
Original: Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) 4Q26

Hooker Furnishings Shares Gain Over 5% as Cost Cuts Offset Revenue ShortfallApril 16, 2026 8:19 AM
IH Market News
Hooker Furnishings Corporation (NASDAQ:HOFT) reported fourth-quarter results on Thursday, with adjusted earnings per share of $0.05 in line with analyst expectations, while revenue of $67.0 million came in below the $76.21 million consensus forecast.Despite the weaker-than-expected revenue, the company’s shares climbed 5.12% in pre-market trading, as investors reacted positively to its return to profitability and notable cost-saving measures.Revenue declined 20.5% year on year, largely due to reduced shipments in the hospitality segment, one fewer selling week compared to the prior year, and severe winter weather, which management estimated cut sales by $3 million to $4 million.For the full fiscal year 2026, revenue totaled $278.1 million, down 12.4% from $317.4 million in the previous year.The company returned to profitability during the quarter, posting operating income of $0.6 million and net income of $0.5 million from continuing operations, compared with an operating loss of $0.3 million and a net loss of $0.4 million in the same period last year.This turnaround was achieved despite lower sales volumes, supported by improved margins and strict cost discipline.“We are encouraged to report net income of $536,000 for the quarter,” said CEO Jeremy Hoff. “Fiscal 2026 was incredibly transformative as we successfully navigated significant, disruptive tariffs on our imports, opened a successful fulfillment warehouse in Asia and exited two unprofitable divisions, all while reducing fixed costs by about $26.3 million, or 25%.”For the full year, gross margin increased by 180 basis points, while selling and administrative expenses fell by $11.9 million.During the year, the company completed the sale of Pulaski Furniture and Samuel Lawrence Furniture, streamlining its operations and exiting lower-margin business lines.Hooker’s Branded segment generated operating income of $1.9 million for the full year, compared to a loss of $0.4 million in the prior year. Meanwhile, the Domestic Upholstery segment cut its fourth-quarter operating loss by more than half to $1.2 million.Hooker Furnishings stock price

Original: Hooker Furnishings Shares Gain Over 5% as Cost Cuts Offset Revenue Shortfall

Almost 1.00 a year for divis alone. time to build a core position here.

Hooker is close to the bottom before the next run to over 12.00 before the next divi.

JMHO

Nice dividends here grab you some.

HOFT buy 27.50

https://www.hookerfurniture.com/

https://finance.yahoo.com/quote/HOFT/profile?p=HOFT

https://www.barchart.com/stocks/quotes/HOFT

https://finviz.com/quote.ashx?t=HOFT

https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=HOFT

https://www.marketscreener.com/quote/stock/HOOKER-FURNITURE-CORPORAT-9563/





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log chart

Still coming higher soon imo

Right where it belongs imo

HOFT valuation models show 17% upside before earnings

Upside Analysis

New board.