Hooker Furnishings (HOFT) Expected to Announce Earnings on Friday

Hooker Furnishings (NASDAQ:HOFTGet Free Report) is expected to announce its Q2 2027 results before the market opens on Friday, September 11th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $63.76 million for the quarter. Parties can check the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Friday, September 11, 2026 at 9:00 AM ET.

Hooker Furnishings (NASDAQ:HOFTGet Free Report) last issued its quarterly earnings results on Thursday, June 11th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.17. The business had revenue of $69.45 million during the quarter, compared to the consensus estimate of $66.31 million. Hooker Furnishings had a positive return on equity of 1.61% and a negative net margin of 7.90%. On average, analysts expect Hooker Furnishings to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hooker Furnishings Trading Down 1.7%

NASDAQ:HOFT opened at $12.90 on Wednesday. The stock has a 50 day moving average of $14.41 and a 200-day moving average of $13.83. The firm has a market capitalization of $138.55 million, a PE ratio of -6.00, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14. Hooker Furnishings has a 52 week low of $8.61 and a 52 week high of $18.09.

Hooker Furnishings Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.115 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.46 annualized dividend and a yield of 3.6%. Hooker Furnishings’s payout ratio is -21.40%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Hooker Furnishings by 35.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 366,761 shares of the company’s stock valued at $4,141,000 after acquiring an additional 95,127 shares during the period. Cerity Partners LLC acquired a new position in Hooker Furnishings in the 4th quarter worth approximately $117,000. LPL Financial LLC boosted its stake in Hooker Furnishings by 16.6% in the 4th quarter. LPL Financial LLC now owns 11,684 shares of the company’s stock worth $132,000 after purchasing an additional 1,660 shares during the period. Geode Capital Management LLC grew its position in Hooker Furnishings by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 120,645 shares of the company’s stock worth $1,363,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Hooker Furnishings by 61.2% during the 3rd quarter. Bank of America Corp DE now owns 15,126 shares of the company’s stock worth $154,000 after purchasing an additional 5,740 shares in the last quarter. 73.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Zacks Research downgraded shares of Hooker Furnishings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Wall Street Zen cut shares of Hooker Furnishings from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings downgraded shares of Hooker Furnishings from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Read Our Latest Stock Analysis on Hooker Furnishings

About Hooker Furnishings

(Get Free Report)

Hooker Furnishings, formerly known as Hooker Furniture Corporation, is a designer, marketer and distributor of high-quality home furnishings. Headquartered in Martinsville, Virginia, the company offers a broad range of wood and upholstered furniture products across bedroom, dining, home office and accent categories. Its portfolio includes solid wood and engineered wood case goods, upholstered seating, accent tables and decorative accessories, reflecting styles that range from traditional to contemporary.

The company’s operations are organized into three reportable segments: Domestic Wholesale, Retail and Logistics, and International.

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Earnings History for Hooker Furnishings (NASDAQ:HOFT)

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