HOFT Stock Recent News

Hooker Furnishings (HOFT) fourth-quarter fiscal 2024 performance is expected to be hurt by soft demand for home furnishings space.

Hooker Furniture (HOFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MARTINSVILLE, Va., March 25, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2024 fourth quarter and full year financial results via teleconference and live internet web cast on Thursday morning, April 11, 2024 at 9:00 AM Eastern Time.

MARTINSVILLE, Va., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a global leader in the design, production, and marketing of home furnishings for nearly a century, today announced that Jeremy Hoff, Chief Executive Officer and Director, and Paul Huckfeldt, Chief Financial Officer, will present to investors at the Water Tower Research Furniture/Furnishings Virtual Conference at 1:00 p.m. Eastern Time on January 17, 2024. To register for the presentation, please visit Furniture/Furnishings Virtual Conference 2024 registration.

Hooker Furnishings (HOFT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Here is how Hooker Furniture (HOFT) and H&R Block (HRB) have performed compared to their sector so far this year.

MARTINSVILLE, Va., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2024 third quarter financial results via teleconference and live internet web cast on Thursday morning, December 7, 2023 at 9:00 AM Eastern Time.

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 since June 2019, after the maker of furniture and home decor products reported downbeat fiscal second-quarter results. “We believe the softer demand seen currently industry-wide is driven by retailers continuing to sell through over-inventoried positions and a short-term glut of heavily discounted home furnishings in the market,” said Chief Executive Jeremy Hoff.

MARTINSVILLE, Va., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2024 second quarter financial results via teleconference and live internet web cast on Friday morning, September 8, 2023 at 9:00 AM Eastern Time.

As the second quarter 2023 earnings season comes to a close, many analysts and investors are on a tight lookout for new developments and improvements within various sectors. With the real estate market slowing down amid the United State's FED interest rate hike paths as an attempt to combat rampant inflation levels, there were plenty of sub-industries in the value chain that began to face the challenges of such a slowdown.