Hooker Quarterly Sales Dip 13%, Annual Sales Up 10%
- Scott Peters
- U.S.A. New York City
Hooker Furnishing reported sales fell 13.4% to $134.8 million in the final quarter ending in February 2022. The furniture maker struggled with the Asian factories closure during the resurgent virus pandemic. In the quarter furniture maker lost $4 million compared to profit of $8.5 million a year ago representing 33 cents per share vs 72 respectively. For the year sales rose 10% to $594 million.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Hooker Furniture Corporation | HOFT | -41% | 52% | -26% |