Last $17.91 USD
Change Today +0.06 / 0.34%
Volume 34.9K
HOFT On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 3:47 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

hooker furniture corp (HOFT) Key Developments

Hooker Furniture Corp. Provides Capital Expenditures Guidance for the Full Year of Fiscal 2015

Hooker Furniture Corp. provided capital expenditures guidance for the full year of fiscal 2015. For the year, the company expects to spend between $500,000 and $750,000 on capital expenditures, primarily its ERP implementation and other projects to improve its manufacturing efficiency and capacity.

Hooker Furniture Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended November 02, 2014

Hooker Furniture Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended November 02, 2014. For the quarter, the company reported net sales of $63,168,000 compared to $59,125,000 a year ago. Operating income was $4,883,000 compared to $3,155,000 a year ago. Income before income taxes was $4,968,000 compared to $3,164,000 a year ago. Net income was $3,204,000 or $0.30 per basic and diluted share compared to $2,116,000 or $0.20 per basic and diluted share a year ago. For the nine months period, the company reported net sales of $179,447,000 compared to $170,721,000 a year ago. Operating income was $12,540,000 compared to $9,029,000 a year ago. Income before income taxes was $12,723,000 compared to $8,984,000 a year ago. Net income was $8,280,000 or $0.77 per basic and diluted share compared to $5,930,000 or $0.55 per basic and diluted share a year ago. Net cash provided by operating activities was $15,800,000 compared to $9,787,000 a year ago. Purchases of property, plant and equipment were $2,460,000 compared to $2,608,000 a year ago.

Hooker Furniture Declares Quarterly Dividend, Payable on December 29, 2014

Hooker Furniture announced that on December 1, 2014, its board of directors declared a quarterly cash dividend of $0.10 per share, payable on December 29, 2014, to shareholders of record at December 15, 2014.

Hooker Furniture Corp., Q3 2015 Earnings Call, Dec 10, 2014

Hooker Furniture Corp., Q3 2015 Earnings Call, Dec 10, 2014

Hooker Furniture Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 3, 2014; Provides Capital Expenditure Guidance for the Remainder of 2014

Hooker Furniture Corp. reported unaudited consolidated earnings results for the second quarter and six months ended August 3, 2014. For the quarter, the company reported net sales of $54,883,000 against $55,301,000 a year ago. Operating income was $3,414,000 against $2,640,000 a year ago. Income before income taxes was $3,466,000 against $2,618,000 a year ago. Net income was $2,272,000 against $1,688,000 a year ago. Basic and diluted earnings per share were $0.21 against $0.16 a year ago. Net income increased nearly 35% due primarily to lower discounting and lower selling and administrative costs. Net sales decreased slightly due to lower unit volume in both segments but were partially offset with higher selling prices in upholstery segment. For the six months, the company reported net sales of $116,279,000 against $111,596,000 a year ago. Operating income was $7,657,000 against $5,874,000 a year ago. Income before income taxes was $7,755,000 against $5,820,000 a year ago. Net income was $5,076,000 against $3,814,000 a year ago. Basic and diluted earnings per share were $0.47 against $0.35 a year ago. Net cash provided by operating activities was $17,796,000 against $6,648,000 a year ago. Purchases of property, plant and equipment was $1,999,000 against $1,726,000 a year ago. For remainder of 2014, the company expects to spend between $1 million and $2 million on capital expenditures, primarily on ERP implementation and on projects to improve manufacturing capacity and efficiency.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HOFT:US $17.91 USD +0.06

HOFT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bassett Furniture Industries Inc $22.46 USD -0.01
Flexsteel Industries Inc $30.44 USD -0.97
Nova Lifestyle Inc $1.85 USD +0.05
Stanley Furniture Co Inc $2.95 USD -0.1699
Virco Manufacturing Corp $2.41 USD -0.02
View Industry Companies
 

Industry Analysis

HOFT

Industry Average

Valuation HOFT Industry Range
Price/Earnings 18.8x
Price/Sales 0.8x
Price/Book 1.4x
Price/Cash Flow 18.7x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HOOKER FURNITURE CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.