Market Updates
Hooker Quarterly Sales Dip 13%, Annual Sales Up 10%
Scott Peters
13 Apr, 2022
New York City
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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
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Earnings
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