Hooker Furnishings Corp (OQ:HOFT)
Business Focus: N/A
| Sector: Consumer Cyclicals | Industry: Home Furnishings |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 440 E COMMONWEALTH BLVD, POB 4708 MARTINSVILLE VA 24115 |
| Tel: | N/A |
| Website: | https://www.hookerfurniture.com |
| IR: | See website |
| Key People | ||
| Jeremy R. Hoff Chief Executive Officer, Director | Paul A. Huckfeldt Chief Financial Officer, Senior Vice President - Finance and Accounting | Tod R. Phelps Chief Information Officer, Senior Vice President - Operations | Anne Jacobsen Smith Chief Administration, President - Domestic Upholstery |
| Business Overview |
| Hooker Furnishings Corporation is a designer, marketer and importer of case goods (wooden and metal furniture), leather furniture, fabric-upholstered furniture and outdoor furniture for the residential, hospitality and contract markets. Its segments include Hooker Branded, Home Meridian and Domestic Upholstery. Hooker Branded segment which includes two businesses: Hooker Casegoods, which covers a wide range of design categories and includes home entertainment, home office, accent, dining and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand; and Hooker Upholstery, imported upholstered furniture targeted at the upper-medium price-range. The Home Meridian segment which includes Accentrics Home, Pulaski Furniture, Samuel Lawrence Furniture and Samuel Lawrence Hospitality brands/marketing units. The Domestic Upholstery segment Bradington-Young, HF Custom, Shenandoah Furniture and Sunset West operations. |
| Financial Overview |
| For the fiscal year ended 28 January 2024, Hooker Furnishings Corp revenues decreased 26% to $433.2M. Net income applicable to common stockholders totaled $9.6M vs. loss of $4.4M. Revenues reflect Home Meridian segment decrease of 34% to $143.5M, Hooker Branded segment decrease of 22% to $156.6M, Domestic Upholstery segment decrease of 19% to $126.8M. Net Income reflects Home Meridian segment loss decrease of 85% to $5.5M. |
| Employees: | 1,203 as of Jan 28, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $171.58M as of Jan 28, 2024 |
| Annual revenue (TTM): | $433.23M as of Jan 28, 2024 |
| EBITDA (TTM): | $23.14M as of Jan 28, 2024 |
| Net annual income (TTM): | $9.56M as of Jan 28, 2024 |
| Free cash flow (TTM): | $38.97M as of Jan 28, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 10,659,139 as of Apr 8, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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