Added to YB: 2025-11-25
Pitch date: 2025-11-21
HOFT [bullish]
Hooker Furnishings Corporation
-1.29%
current return
Author Info
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Company Info
Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture products.
Market Cap
$116.6M
Pitch Price
$10.89
Price Target
35.00 (+226%)
Dividend
8.38%
EV/EBITDA
55.01
P/E
-8.96
EV/Sales
0.44
Sector
Household Durables
Category
turnaround
A 101-Year-Old Furniture Importer at 10% Dividend Yield and P/TB Decile 1 Amid Weak Market - Turnaround Plan Being Executed and a Coiled Spring for Market Recovery - Hooker Furnishings Corporation
HOFT: Furniture co trading 0.72x P/TB vs hist avg, -80% from 5yr high. Strong balance sheet w/ $68M credit capacity, $30M life insurance cash value, real estate optionality. $25M annualized cost cuts by FY27, 60% capacity utilization. Bull case: market recovery + tariff mitigation = potential 2-4x upside in 3yrs at 0.5x EV/S vs current 0.3x.
Read full article (8 min)