Hooker Furniture Corporation Reports First Quarter Sales and Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- S&P 500, Dow set for higher open with focus on Mideast developments
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Oil falls to two-week low as Gulf supply outlook improves
- Don’t expect a grand bargain from the Trump-Xi summit: Yardeni
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Hooker Furniture (HOFT) Misses Q1 EPS by 6c, Revenues Beat
June 12, 2019 8:04 AM EDTHooker Furniture (NASDAQ: HOFT) reported Q1 EPS of $0.17, $0.06 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $135.5 million versus the consensus estimate of $127.26 million.
Our disappointing earnings performance in the first quarter was driven primarily by several cost-related issues in our Home Meridian (HMI) segment. In addition, for our business as a whole reduced demand and soft retail conditions across the home furnishings industry were the primary drivers of the sales decrease which also weighed on our earnings for the quarter, said Paul B. Toms Jr., chairman and chief executive... More
