Hooker Furnishings (HOFT) Expected to Announce Earnings on Thursday

Hooker Furnishings (NASDAQ:HOFT) is expected to announce its Q1 2027 results before the market opens on Thursday, June 11th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $66.3120 million for the quarter. Individuals may review the information on the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Thursday, June 11, 2026 at 9:00 AM ET.

Hooker Furnishings (NASDAQ:HOFT) last released its quarterly earnings results on Thursday, April 16th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. Hooker Furnishings had a negative return on equity of 0.71% and a negative net margin of 8.84%.The company had revenue of $66.98 million during the quarter, compared to analysts’ expectations of $74.89 million. 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 Price Performance

Shares of NASDAQ HOFT opened at $12.34 on Thursday. The stock has a market cap of $133.03 million, a P/E ratio of -4.86, a P/E/G ratio of 1.31 and a beta of 1.19. The firm’s 50-day simple moving average is $12.95 and its 200 day simple moving average is $12.57. Hooker Furnishings has a fifty-two week low of $8.61 and a fifty-two week high of $15.99. The company has a quick ratio of 1.60, a current ratio of 3.37 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Hooker Furnishings by 0.7% in the third quarter. Vanguard Group Inc. now owns 595,587 shares of the company’s stock worth $6,045,000 after acquiring an additional 4,138 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Hooker Furnishings by 35.0% in the 4th 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 last quarter. Ameriprise Financial Inc. bought a new position in shares of Hooker Furnishings during the 2nd quarter valued at about $3,619,000. Geode Capital Management LLC grew its stake in shares of Hooker Furnishings by 0.9% in 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 during the last quarter. Finally, Paradigm Capital Management Inc. NY grew its stake in shares of Hooker Furnishings by 50.0% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 120,000 shares of the company’s stock worth $1,270,000 after purchasing an additional 40,000 shares during the last quarter. 73.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have commented on HOFT. Wall Street Zen raised shares of Hooker Furnishings from a “sell” rating to a “hold” rating in a research note on Sunday, April 19th. Zacks Research raised shares of Hooker Furnishings from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Weiss Ratings cut shares of Hooker Furnishings from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Hooker Furnishings currently has an average rating of “Reduce”.

About Hooker Furnishings

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.