HOFT / Hooker Furnishings' stock tumbles toward worst day in 4 years as earnings hurt by retailers selling through ‘over-inventoried' furnishings

Shares of Hooker Furnishings Corp. HOFT, +0.61% plunged 18% in light premarket trading Friday, putting them on track for the worst one-day performance more_horizontal

MARTINSVILLE, Va., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2024 second quarter fina more_horizontal

Hooker Furnishings (NASDAQ:HOFT ) Q1 2024 Earnings Conference Call June 8, 2023 9:00 AM ET Company Participants Paul Huckfeldt - SVP, Finance & Accoun more_horizontal

MARTINSVILLE, Va., May 23, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2024 first quarter financ more_horizontal

MARTINSVILLE, Va., April 14, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (the “Company”) (Nasdaq-GS: HOFT) will present its fiscal 202 more_horizontal

MARTINSVILLE, Va., April 12, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) said today that in light of the Company's annou more_horizontal

Net sales are stagnant as consumer demand is expected to slow down in the coming fiscal year. Despite recent improvements, profit margins remain depre more_horizontal

Hooker Furnishings has held up surprisingly well in this environment, but profits and cash flows have experienced some weakness. Although disappointin more_horizontal