Added to YB: 2026-04-27
Pitch date: 2026-04-23
HOFT [neutral]
Hooker Furnishings Corporation
+2.64%
current return
Author Info
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Company Info
Hooker Furnishings Corporation, together with its subsidiaries, designs, manufactures, imports, and markets residential household, hospitality and contract furniture, lighting, accessories, and home décor products in North America.
Market Cap
$137.8M
Pitch Price
$12.49
Price Target
N/A
Dividend
3.55%
EV/EBITDA
14.45
P/E
-10.65
EV/Sales
0.59
Sector
Household Durables
Category
turnaround
The North American Deep Value Week – 2026/16 | Hooker Furnishings – Q4 back to profit, FY26 still weighed down by impairments and discontinued ops
HOFT (earnings): Q4 back to profit at $0.5M net income despite sales -20.5% YoY to $67M; gross margin improved to 30% from 26.2% on pricing/freight/cost cuts. FY26 net loss $27M driven by $15.6M impairments & $14.2M discontinued ops (Pulaski/Samuel Lawrence divestitures). Fixed costs cut, inventory -$17.5M, debt down, revolver undrawn w/ $12M cash. Mgmt sees materially better FY27 earnings on lower breakeven, order trends & Margaritaville launch.
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