Hooker Furnishings Corporation

NASDAQ:HOFT   3:59:59 PM EDT
15.51
-0.04 (-0.26%)
Earnings Announcements

Hooker Furnishings Reports Q1 Fiscal 2023 Results

Published: 06/09/2022 10:28 GMT
Hooker Furnishings Corporation (HOFT) - Hooker Furnishings Reports First Quarter Fiscal 2023 Results.
Q1 Earnings per Share $0.26.
Q1 Sales Fell 9.5 Percent to $147.3 Million.
Hooker Furnishings - in Last 3 Qtrs, Sales, Profitability Reductions Were Largely Driven by Covid-related Factory Shutdowns in Asia.
Hooker Furnishings - Seeing Leveling Off of Demand, With Incoming Orders Down From Meteoric But Unsustainable Levels We Experienced in Last 18 Months.
Expect to Be in a Near-optimum Shipping Position Throughout Q2.
Revenue is expected to be $159.09 Million
Adjusted EPS is expected to be $0.44

Next Quarter Revenue Guidance is expected to be $147.92 Million
Next Quarter EPS Guidance is expected to be $0.53

More details on our Analysts Page.