Hooker Furniture (HOFT) Misses Q3 EPS by 8c
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Hooker Furnishings Achieves Sales, Income Gains in Third Quarter
December 8, 2022 6:00 AM ESTMARTINSVILLE, Va., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a global leader in the design, production and marketing of home furnishings for nearly a century, today reported results for its fiscal-year 2023 third quarter ended October 30, 2022.Â
Fiscal 2023 Third Quarter Highlights:
Net sales for the quarter were $151.6 million, an increase of $18.2 million, or 13.6%, compared to the prior-year quarter. Higher sales were driven by revenue growth across all divisions of the Domestic Upholstery segment, higher net sales at Home Meridian and recovery in the H Contract... More