HOOKER FURNITURE CORP.

Hooker Furnishings reported adjusted earnings of $0.15 per share in the second fiscal quarter, well above the expected -$0.01, while revenue of $63.25 million missed the consensus estimate. The company posted its third consecutive profitable quarter, improved gross margin to 31.8% thanks to duty refunds and cost cuts, and increased net income to $1.7 million. Management sees further potential from the rollout of the Margaritaville brand and highlights improved supply chain conditions, but warns of continued weakness in sales due to a challenging real estate market. » More on de.investing.com

Hooker Furniture shares jumped in premarket trading after the company reported its third consecutive profitable quarter. For the quarter ended August 2, 2026, it reported net income of $1.7 million and operating income of $1.3 million, supported by one‑time duty refunds totaling $7.9 million. Consolidated backlog increased 6.2% year‑over‑year and 8.4% sequentially, cash rose to $18.7 million, and there are no remaining loan balances. Despite a challenging industry environment, the improved profitability and growing backlog point to recovering demand. » More on de.investing.com

Hooker Furniture will report on September 11 for the quarter ended July 31, 2026. Two analysts expect on average earnings per share of -$0.02 versus -$0.31 a year earlier and revenue of about $63.8 million (−22.4% vs. $82.2 million). For the current fiscal year, analysts forecast on average an EPS of $0.77 and revenue of about $297.1 million compared with $278.1 million in the prior year. » More on finanzen.net

Hooker Furnishings reported Q1 2027 EPS of $0.10 versus a forecast of -$0.04 and revenue of $69.45 million, both above expectations. The company improved gross margin and operating results through cost management and strategic product launches such as Margaritaville. Net income rose to $1.1 million despite slightly lower revenue; the company is debt-free and maintains a strong cash position. The stock gained about 17% in premarket trading and management is cautiously optimistic about fiscal 2027. » More on de.investing.com

At the annual general meeting on June 9, 2026, Hooker Furniture approved a dividend payment of $0.81 for 2026, a decrease of 11.96% from the previous year. The total payout amounts to $8.77 million, down 10.96%. The share traded at $12.28 on the day of the meeting and shows a dividend yield of 6.07% for 2026 (previous year: 7.23%). Company figures: market capitalization $130.311 million, revenue $278.140 million, EPS -$2.54; over three years the share price has fallen 32.07%, while the real total return including dividends is 61.23%. » More on finanzen.net