Hooker Furniture (HOFT) Reports Q1 EPS of $0.78
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Hooker Furniture Corporation Exceeds Pre-Pandemic Growth Pace With Sales, Profitability Gains and Brisk Demand in First Quarter
June 4, 2021 6:00 AM EDTMARTINSVILLE, Va., June 04, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $162.9 million for its fiscal 2022 first quarter ended May 2, 2021, a $58.3 million, or 56%, increase compared to the year-ago period.
Net income for the first quarter was $9.4 million, or $0.78 per diluted share. Both the quarterly revenues and net income represent record-high sales and earnings for the companys fiscal first quarter.
Were pleased to have surpassed our goal to return to the growth trajectory we were on prior to the global... More
