Hooker Furniture (HOFT) Raises Quarterly Dividend 16.7% to $0.14; 1.1% Yield
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Hooker Furniture (HOFT) Raises Quarterly Dividend 16.7% to $0.14; 1.1% Yield
December 7, 2017 8:27 AM ESTHooker Furniture (NASDAQ: HOFT) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. This is a 16.7% increase from the prior dividend of $0.12.
The dividend will be payable on December 29, 2017, to stockholders of record on December 18, 2017, with an ex-dividend date of December 15,... More
Hooker Furniture (HOFT) Misses Q3 EPS by 4c, Offers Outlook
December 7, 2017 8:18 AM ESTHooker Furniture (NASDAQ: HOFT) reported Q3 EPS of $0.61, $0.04 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $157.9 million versus the consensus estimate of $160.15 million.
Outlook
The third quarter had mixed results, in that retail weakened significantly across all segments in September, partially due to the hurricanes that hit Florida and Texas, Toms said. In October, retail bounced back, along with incoming order... More
