10-Q · June 12, 2026
Hooker Furnishings Corporation reported Q1 2027 results showing significant improvements, with earnings per share of $0.10 beating consensus estimates of -$0.07. Although total revenue declined 2.4% year-over-year to…
Earnings analysis · 10-Q
HOFT earnings analysis
Filed September 11, 2026 · Our reading of the company's report
The latest report
Hooker Furnishings delivered a mixed quarter: diluted EPS was $0.15, exceeding the $(0.02) estimate, while revenue of $63.250 million modestly missed consensus of $63.760 million. Gross margin benefited from $7.9…
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Hooker Furnishings delivered a mixed quarter: diluted EPS was $0.15, exceeding the $(0.02) estimate, while revenue of $63.250 million modestly missed consensus of $63.760 million. Gross margin benefited from $7.9 million of tariff recoveries and reached 31.8%, but the company cautioned that near-term market conditions remain difficult. No formal numeric guidance was provided, although management expects fiscal 2027 second-half results to improve versus the prior-year period.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.15
What stood out
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EPS beat despite modest revenue miss
Revenue was $63.250 million, while diluted EPS was $0.15 versus the $(0.02) consensus estimate. Revenue missed the $63.760 million consensus estimate by approximately $0.510 million, but EPS materially exceeded expectations.
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Tariff recoveries lifted profitability
Gross margin increased to 31.8%, supported in part by $7.9 million of tariff recoveries. Operating income was $1.283 million, implying an operating margin of approximately 2.0%.
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Minimal outstanding borrowings
The company had no outstanding loans as of August 2, 2026, other than $3.2 million reserved for standby letters of credit, limiting current interest-bearing debt exposure.
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Continued share repurchases
The company repurchased 84,742 shares during the quarter at an average price of $13.78, leaving $3.736618 million available under the repurchase authorization.
What to watch
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Tariff benefit may not recur
The $7.9 million of tariff recoveries materially supported gross margin; a nonrecurrence of this benefit could pressure the reported 31.8% gross margin and approximately 2.0% operating margin.
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Demand environment remains challenging
Management expects near-term market conditions to remain difficult, while revenue was $63.250 million versus $63.760 million consensus, indicating continued demand pressure.
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Import, currency and liquidity exposure
Imported products are primarily sourced from Vietnam and China, and the company states that currency changes could adversely affect sales volume or profit margins; standby letters of credit totaled $3.2 million as of August 2, 2026.
Management's outlook
No formal numeric guidance was provided. Management expects near-term market conditions to remain difficult but anticipates fiscal 2027 second-half results will improve versus the prior-year period.
Earlier filings 4
10-K · April 17, 2026
Hooker Furnishings completed a strategic portfolio realignment in fiscal 2026, divesting the Pulaski Furniture and Samuel Lawrence Furniture casegoods brands and eliminating the Home Meridian segment. The company…
10-Q · December 12, 2025
Hooker Furnishings reported Q3 net sales of $70,730 (as presented) and a diluted loss per share of $(1.99), driven by a $15,576 impairment charge and a $8,640 loss from discontinued operations. Operating cash flow…
10-Q · June 13, 2025
Hooker Furnishings reported revenue of $85,316 (vs $93,571 prior-year) and a net loss of $3,052 (EPS $(0.29)), an improvement versus last year’s net loss of $4,091 (EPS $(0.39)). Gross profit was essentially flat at…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.