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olivLaw · US equity research

Hooker Furnishings Corporation HOFT

Household Furniture · SIC 2510 · Vertical: Household Furniture (SIC 2510)

14.61USD−5.44% · 1 dayClose 05 Nov 2026

Hooker Furnishings designs, imports and manufactures residential, hospitality and outdoor furniture, sold through independent retailers, chains and online channels. After a difficult stretch with sales down 12.4% in fiscal 2026 and impairment losses, the company returned to profitability in the second quarter of fiscal 2027, largely thanks to tariff recoveries. Tariff developments and housing demand are the main points to watch.

At the close of 05 Nov 2026, Hooker Furnishings Corporation (HOFT) stock was 14.61 USD (−5.44% on the day), with market capitalisation 156.2 m USD, dividend yield 3.94%, beta 0.81, 52-week range 9.29–17.83 USD. Latest reported quarter (Q2 2027): revenue of -522.0 k USD (−100.8% YoY), net income of 1.7 m USD, diluted EPS 0.15 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
156.2 m USD
shares as of 04 Sept 2026
P/E (TTM)
unavailable
Diluted EPS TTM -1.69 · TTM to 02 Aug 2026
E/P (TTM)
-11.56%
TTM to 02 Aug 2026
Dividend yield
3.94%
DPS 12m 0.58
Beta (2y)
0.81
Volatility (1y) 54%
52-week range
9.2917.83

Price history

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Technical reading

RSI (14)
63.7
strong (55–70)
Bollinger (20, 2)
11.42 – 15.36
in the upper half of the band · %B 0.81 · band width 29.4%
SMA 50 / 200
13.20 / 13.70
mixed trend
MACD (12, 26, 9)
0.50 / 0.24
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+13.2%−5.9%+19.1 pp—
3 months−3.6%−4.6%+1.0 pp—
6 months+13.6%+0.2%+13.4 pp—
Year to date+29.4%+7.4%+22.0 pp—
1 year+57.1%+8.2%+48.9 pp−12.9%
3 years−17.0%+68.4%−85.4 pp+30.5%
5 years−45.3%+56.5%−101.8 pp—
Max drawdown (1y)
−30.3%
30 Jun 2026 → 09 Oct 2026
Max drawdown (5y)
−72.0%
27 Dec 2023 → 16 Apr 2025
Compound annual growth (5y)
−11.4%
S&P 500 +9.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2027 · 02 Aug 2026

Revenue
-522.0 k USD
−100.8% YoY
Net income
1.7 m USD
unavailable YoY
Diluted EPS
0.15
unavailable YoY
net / operating
-319.9% / -245.8%

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27Q2 '27
Revenue82.7 m84.2 m71.2 m69.2 m70.7 m67.0 m69.5 m-522.0 k
Cost of revenue62.2 m61.8 m53.2 m52.0 m52.6 m46.2 m48.9 m4.3 m
Gross profit20.5 m22.5 m17.9 m17.2 m18.1 m20.8 m20.6 m20.1 m
SG&A24.1 m21.4 m17.8 m17.1 m18.2 m19.3 m18.5 m18.3 m
Operating income-5.1 m76.0 k-498.0 k-510.0 k-16.3 m954.0 k1.6 m1.3 m
Depreciation & amortisation2.3 m2.0 m1.8 m1.7 m1.9 m ≈1.7 m1.8 m1.8 m
Pre-tax income-4.8 m-176.0 k-778.0 k-659.0 k-16.1 m539.0 k1.4 m1.5 m
Income tax-1.2 m115.0 k-164.0 k-114.0 k-3.6 m-330.0 k326.0 k338.0 k
Net income-4.1 m-2.3 m-3.1 m-3.3 m-21.2 m536.0 k1.1 m1.7 m
Diluted EPS-0.39-0.22 ≈-0.29-0.31-1.990.05 ≈0.100.15
Operating cash flow-17.6 m ≈-10.7 m14.7 m3.4 m ≈————
Capex956.0 k ≈697.0 k727.0 k843.0 k ≈944.0 k ≈649.0 k403.0 k691.0 k ≈
Dividends paid2.5 m ≈2.5 m2.5 m2.5 m ≈2.5 m ≈1.2 m1.3 m1.2 m ≈
Share repurchases0 ≈000 ≈——96.0 k1.2 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year20192020202120222023⚠ 202420252026
Revenue683.5 m610.8 m540.1 m593.6 m583.1 m344.6 m317.4 m278.1 m
Revenue YoY+10.1%−10.6%−11.6%+9.9%−1.8%—−7.9%−12.4%
Net income39.9 m17.1 m-10.4 m11.7 m-4.3 m9.9 m-12.5 m-27.0 m
Net income YoY+41.1%−57.2%−161.0%unavailable−136.8%—−226.8%unavailable
Diluted EPS3.381.44-0.880.97-0.370.91-1.19-2.54
Diluted EPS YoY+39.7%−57.4%−161.1%unavailable−138.1%—−230.8%unavailable
net %5.8%2.8%-1.9%2.0%-0.7%2.9%-3.9%-9.7%
Free cash flow4.4 m36.3 m67.1 m12.5 m-25.9 m50.2 m-26.1 munavailable

The series breaks before 2024: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2026 · 01 Feb 2026

Cash
1.1 m USD
Financial debt
3.2 m USD
Net debt
2.1 m USD
Equity
169.2 m USD
Total assets
225.9 m USD
Debt / equity
0.02x
Current ratio
3.37x
ROE
-14.4%
ROA
-10.0%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2024
344.6 m
2025
317.4 m
2026
278.1 m

SEC (XBRL)· 17 Apr 2026verified

Cost of revenue
2024
250.7 m
2025
239.2 m
2026
204.6 m

SEC (XBRL)· 17 Apr 2026verified

Gross profit
2024
94.0 m
2025
78.1 m
2026
73.5 m

SEC (XBRL)· 17 Apr 2026verified

SG&A
2024
74.7 m
2025
83.8 m
2026
71.9 m

SEC (XBRL)· 17 Apr 2026verified

Operating income
2024
16.4 m
2025
-9.5 m
2026
-16.5 m

SEC (XBRL)· 17 Apr 2026verified

Depreciation & amortisation
2024
7.7 m
2025
7.8 m
2026
7.1 m

SEC (XBRL)· 17 Apr 2026verified

EBITDA
2024
24.1 m ≈
2025
-1.8 m ≈
2026
-9.4 m ≈

SEC (XBRL)· 17 Apr 2026derived

Pre-tax income
2024
15.7 m
2025
-8.1 m
2026
-17.0 m

SEC (XBRL)· 17 Apr 2026verified

Income tax
2024
3.4 m
2025
-1.9 m
2026
-4.3 m

SEC (XBRL)· 17 Apr 2026verified

Net income
2024
9.9 m
2025
-12.5 m
2026
-27.0 m

SEC (XBRL)· 17 Apr 2026verified

Diluted EPS
2024
0.91
2025
-1.19
2026
-2.54

SEC (XBRL)· 17 Apr 2026verified

Weighted average diluted shares
2024
10.8 m
2025
10.5 m
2026
10.6 m

SEC (XBRL)· 17 Apr 2026verified

Dividend per share
2024
0.89
2025
0.92
2026
0.81

SEC (XBRL)· 17 Apr 2026verified

Balance sheet · USD

Cash
2024
43.2 m
2025
6.3 m
2026
1.1 m

SEC (XBRL)· 17 Apr 2026verified

Receivables
2024
51.3 m
2025
45.5 m
2026
37.8 m

SEC (XBRL)· 17 Apr 2026verified

Inventories
2024
61.8 m
2025
66.2 m
2026
48.7 m

SEC (XBRL)· 17 Apr 2026verified

Current assets
2024
164.8 m
2025
141.1 m
2026
92.9 m

SEC (XBRL)· 17 Apr 2026verified

Property, plant & equipment, net
2024
29.1 m
2025
27.3 m
2026
25.2 m

SEC (XBRL)· 17 Apr 2026verified

Goodwill
2024
15.0 m
2025
15.0 m
2026
575.0 k

SEC (XBRL)· 17 Apr 2026verified

Intangibles (excl. goodwill)
2024
28.6 m
2025
18.0 m
2026
13.0 m

SEC (XBRL)· 17 Apr 2026verified

Total assets
2024
343.6 m
2025
313.9 m
2026
225.9 m

SEC (XBRL)· 17 Apr 2026verified

Accounts payable
2024
16.5 m
2025
16.4 m
2026
11.0 m

SEC (XBRL)· 17 Apr 2026verified

Short-term debt
2024
1.4 m
2025
0
2026
—

SEC (XBRL)· 18 Apr 2025verified

Long-term debt
2024
21.5 m
2025
21.7 m
2026
3.2 m

SEC (XBRL)· 17 Apr 2026verified

Current liabilities
2024
41.4 m
2025
40.0 m
2026
27.6 m

SEC (XBRL)· 17 Apr 2026verified

Total liabilities
2024
117.6 m
2025
109.6 m
2026
56.6 m

SEC (XBRL)· 17 Apr 2026verified

Equity
2024
226.0 m
2025
204.4 m
2026
169.2 m

SEC (XBRL)· 17 Apr 2026verified

Cash flow · USD

Operating cash flow
2024
55.5 m
2025
-23.0 m
2026
—

SEC (XBRL)· 18 Apr 2025verified

Capex
2024
5.2 m
2025
3.1 m
2026
3.2 m

SEC (XBRL)· 17 Apr 2026verified

Free cash flow
2024
50.2 m ≈
2025
-26.1 m ≈
2026
—

SEC (XBRL)· 18 Apr 2025derived

Investing cash flow
2024
-8.6 m
2025
-2.7 m
2026
—

SEC (XBRL)· 18 Apr 2025verified

Financing cash flow
2024
-22.8 m
2025
-11.1 m
2026
-27.4 m

SEC (XBRL)· 17 Apr 2026verified

Dividends paid
2024
9.7 m
2025
9.9 m
2026
8.8 m

SEC (XBRL)· 17 Apr 2026verified

Share repurchases
2024
11.7 m
2025
0
2026
0

SEC (XBRL)· 17 Apr 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-12.4%
computed by olivLawFY 2026
Revenue CAGR 3Y
-21.9%
computed by olivLawFY 2023 → FY 2026
Revenue CAGR 5Y
-12.4%
computed by olivLawFY 2021 → FY 2026
EBIT growth (YoY)
unavailable
the base of the ratio is not positive
Net income growth (YoY)
unavailable
the base of the ratio is not positive
Net income CAGR 3Y
unavailable
the base of the ratio is not positive
Net income CAGR 5Y
unavailable
the base of the ratio is not positive
EPS growth (YoY)
unavailable
the base of the ratio is not positive
EPS CAGR 3Y
unavailable
the base of the ratio is not positive
EPS CAGR 5Y
unavailable
the base of the ratio is not positive
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
38.5%
computed by olivLawTTM to 02 Aug 2026
EBITDA margin
-2.6%
computed by olivLawTTM to 02 Aug 2026
EBIT margin
-6.0%
computed by olivLawTTM to 02 Aug 2026
Net margin
-8.7%
computed by olivLawTTM to 02 Aug 2026
FCF margin
-6.2%
computed by olivLawTTM to 02 Aug 2026

Returns

ROE
-9.9%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
ROA
-7.1%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
ROIC
-6.0%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
ROCE
-6.5%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
Payout ratio (EPS)
unavailable
insufficient data
Payout ratio (FCF)
unavailable
the base of the ratio is not positive

Balance sheet

Net debt
-18.7 m USD
computed by olivLawbalance sheet at 02 Aug 2026
Net debt / EBITDA
unavailable
insufficient data
Debt / equity
0.0x
computed by olivLawbalance sheet at 02 Aug 2026
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
3.0x
computed by olivLawbalance sheet at 02 Aug 2026
Quick ratio
1.6x
computed by olivLawbalance sheet at 02 Aug 2026
Cash ratio
0.6x
computed by olivLawbalance sheet at 02 Aug 2026

Cash

Operating cash flow
-10.2 m USD
computed by olivLawTTM to 03 Aug 2025
Capital expenditure
2.7 m USD
computed by olivLawTTM to 02 Aug 2026
Free cash flow
-12.9 m USD
computed by olivLawTTM to 02 Aug 2026
FCF conversion
unavailable
insufficient data
Cash conversion
unavailable
insufficient data

Efficiency

Days sales outstanding
60 days
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
Days inventory outstanding
122 days
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
Days payables outstanding
32 days
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
Cash conversion cycle
151 days
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026

Market and valuation

Market capitalisation
156.2 m USD
computed by olivLawbalance sheet at 02 Aug 2026
Enterprise value
137.6 m USD
computed by olivLawbalance sheet at 02 Aug 2026
Market cap / net income TTM
unavailable
insufficient data
P/E (TTM)
unavailable
insufficient data
Earnings yield
-11.6%
computed by olivLawTTM to 02 Aug 2026
P/B
0.9x
computed by olivLawbalance sheet at 02 Aug 2026
P/S
0.8x
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
EV/EBITDA
unavailable
insufficient data
EV/EBIT
unavailable
insufficient data
EV/Sales
0.7x
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
P/FCF
unavailable
the base of the ratio is not positive
FCF yield
-8.3%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
Dividend yield
3.9%
computed by olivLawTTM to 02 Aug 2026
Shareholder yield (distributions)
4.8%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 43.8% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

14.61 USD

05 Nov 2026Source: olivLaw, closing series

Market cap: 156.2 m USD

Key indicators

Market capitalisation
156.2 m USD
computed by olivLawbalance sheet at 02 Aug 2026
P/E (TTM)
unavailable
insufficient data
P/B
0.9x
computed by olivLawbalance sheet at 02 Aug 2026
EV/EBITDA
unavailable
insufficient data
ROE
-9.9%
computed by olivLawTTM to 02 Aug 2026 · balance sheet at 02 Aug 2026
Net margin
-8.7%
computed by olivLawTTM to 02 Aug 2026
Revenue growth (YoY)
-12.4%
computed by olivLawFY 2026
Dividend yield
3.9%
computed by olivLawTTM to 02 Aug 2026

Coverage and freshness

34/37 reporting lines present
Latest full fiscal year: 2026
Latest reported period: 02 Aug 2026
Latest balance sheet date: 02 Aug 2026
Share count (cover of the latest filing), as of: 04 Sept 2026
Source: SEC (XBRL)published 11 Sept 2026
verified 2934derived 200

Score by group

44% · Insufficient data

Estimated value range

Low
10.58
USD per share
Mid
12.13
USD per share
High
14.23
USD per share
Price: 14.61 USD
The price is above the range
Potential to the central value: -16.9% (value / price − 1)
Margin of safety: -20.4% (1 − price / value)
Agreement between methods: single method · 1 methods used · 1 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 10.58 – 14.23 USD.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDAunavailable · the base of the ratio is not positive
  • Peers: P/Eunavailable · the base of the ratio is not positive
  • Dividend discount (DDM)10.58 – 14.23 (Mid 12.13)
Multiple comparisons use the SIC vertical: Household Furniture (SIC 2510)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Insufficient data

Minimum-evidence gate: score weight coverage: 43.8% of at least 60%

FactorValueScoreWeight used
ROIC · Quality-6.0%0 (on a fixed band)24%
Net margin · Quality-8.7%17 (vs peers)14%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growth-21.9%0 (on a fixed band)19%
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet3.0x100 (on a fixed band)10%
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuation-8.3%0 (on a fixed band)19%
Shareholder yield (distributions) · Returns4.8%69 (on a fixed band)14%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial100/100 · 1/3 factors with a value
  • Growth· partial0/100 · 1/2 factors with a value
  • Quality6/100 · 2/3 factors with a value
  • Returns· partial69/100 · 1/2 factors with a value
  • Valuation· partial0/100 · 1/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

HOOKER FURNISHINGS CORPORATION (HOFT). Latest full fiscal year: 2026; data up to 2026-08-02.

Figures computed from the financial statements: revenue 278.1 m USD in 2026; YoY growth -12.4%; net margin -8.7%; ROE -9.9%.

The estimated value range is 10.58–14.23 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 12.13 USD, the price of 14.61 USD leaves a potential of -16.9% (value / price − 1) and a margin of safety of -20.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (score weight coverage: 43.8% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Current ratio: 3.0x

What contradicts it

  • ROIC: -6.0%
  • Net margin: -8.7%
  • Revenue CAGR 3Y: -21.9%
  • FCF yield: -8.3%
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, P/E (TTM), EV/EBITDA, Payout ratio (FCF).

Versus the vertical median

Household Furniture (SIC 2510) · same industry (4-digit SIC) · compared with 6 companies

Multiples and returns vs the median

P/E
—
vertical median 14.2x
EV/EBITDA
—
vertical median —
P/S
0.8x
vertical median 0.6x
above median (+18.1%)
P/B
0.9x
vertical median 2.3x
below median (−60.0%)
ROE
-9.9%
vertical median 17.6%
below median (−156.4%)
Net margin
-8.7%
vertical median 5.3%
below median (−263.3%)
EBIT margin
-6.0%
vertical median 4.2%
below median (−243.4%)
Revenue YoY
-12.4%
vertical median 4.4%
below median (−378.0%)
Net debt/EBITDA
—
vertical median —
Dividend yield
3.9%
vertical median 1.4%
above median (+190.1%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
SGISomnigroup International Inc.14.3 bn27.117.6%7.0%+51.6%−26% / +68%
LZBLa-Z-Boy Incorporated1.3 bn16.58.0%3.9%+0.8%−16% / −7%
CODICompass Diversified Holdings863.0 m—-17.7%-5.3%+4.8%+56% / −43%
XMAXXmax Inc.322.6 m11.652.9%185.9%+72.6%−10% / +144%
FLXSFlexsteel Industries, Inc.305.6 m12.020.5%6.7%+4.1%+86% / +334%
HOFTHooker Furnishings Corporation156.2 m—-9.9%-8.7%−12.4%+57% / −17%
PRPLPurple Innovation, Inc.40.6 m——-8.9%−3.9%−87% / −84%

1- and 3-year price returns: for HOFT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
3 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
5 years
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
insufficient data
Total return unavailable · Per year unavailable
What moves the 3-year price the most

    AI analysis

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    In brief

    Hooker Furnishings designs, imports and manufactures residential, hospitality and outdoor furniture, sold through independent retailers, chains and online channels. After a difficult stretch with sales down 12.4% in fiscal 2026 and impairment losses, the company returned to profitability in the second quarter of fiscal 2027, largely thanks to tariff recoveries. Tariff developments and housing demand are the main points to watch.

    SWOT

    Strengths

    • A diverse brand portfolio with strong design capability and distribution, plus long relationships with customers and suppliers 1.
    • A balance sheet strengthened after the divestiture and loan repayment, with credit capacity available 3.
    • Domestic manufacturing capacity for premium upholstered furniture gives flexibility alongside imports 1.

    Weaknesses

    • High dependence on suppliers concentrated in one country, Vietnam, which accounts for most imports 1.
    • Operating losses and asset impairments in fiscal 2026 reduced the company's capital base 1.
    • Sales are concentrated in a few large customers, whose loss would have a significant impact 1.

    Opportunities

    • Tariff recoveries and possible further refunds could improve near-term profitability 23.
    • The Margaritaville launch could expand sales through galleries and free-standing stores 3.
    • If housing demand recovers, upholstered and outdoor furniture segments could grow 3.

    Threats

    • New tariffs or trade policy changes could raise sourcing costs and compress margins 1.
    • Weaker consumer spending could hurt sales and liquidity if interest rates stay high 1.
    • Supply chain disruptions and higher transport costs could delay deliveries 1.

    Risks

    • Dependence on Vietnamhigh

      Most imports come from a single country, and a production disruption there could impair the ability to fill orders 1.

    • Trade and tariff policyhigh

      Changes in tariffs or international trade rules could affect costs and product competitiveness 13.

    • Weak housing demandmedium

      If the housing market stays slow, demand for furniture could decline further 1.

    • Customer concentrationmedium

      Losing one of the largest customers would have a significant effect on sales 1.

    • Asset impairmentlow

      Weaker performance in some divisions could lead to further write-downs of intangible assets 1.

    Investment thesis

    What would need to be true (bull case)

    • The company has returned to profitability in recent quarters, and lower fixed costs could support margins if demand stabilizes 3.
    • Tariff recoveries and rising Margaritaville orders could improve results in the second half of fiscal 2027 3.
    • A consolidated balance sheet with no major bank debt could provide room for investment and capital returns 3.

    What would break the thesis

    • Sales have declined in recent years, and demand remains weak amid high mortgage rates and low consumer confidence 13.
    • Profitability relies heavily on tariff recoveries, which are non-recurring and do not fully offset earlier losses 3.
    • Dependence on one main supplier country and Asian production could cause further delays and added costs 1.

    What to watch

    • Progress of tariff recoveries and any new tariff measuresQ3 2027
    • Pace of Margaritaville shipments and related revenue2027
    • Hooker Branded sales trend and promotional activityQ3 2027
    • Capital allocation changes, including buybacks and dividendnext 10-K

    Products, market & competition

    AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

    The business

    Hooker Furnishings Corporation, incorporated in Virginia in 1924, designs, markets and imports casegoods, leather and fabric upholstered furniture, lighting, accessories and decor for residential, hospitality and contract markets. It also manufactures premium custom leather and fabric upholstery and outdoor furniture domestically. Net sales from continuing operations were 278.1 million USD in fiscal 2026 1. Imported casegoods and upholstery accounted for about 60% of net sales in fiscal 2026, mostly from Vietnam 1.

    Reportable segments are Hooker Branded, which includes Hooker Casegoods and Hooker Upholstery, and Domestic Upholstery, which includes Bradington-Young, HF Custom, Shenandoah Furniture and Sunset West. Other businesses, including Samuel Lawrence Hospitality, are grouped in 'All Other'. In December 2025 the company sold the PFC and SLF brands and eliminated the Home Meridian segment 1.

    Sourcing relies on foreign suppliers, mainly in Vietnam, where production moved after tariffs on Chinese imports in 2018. The company opened a Vietnam warehouse in May 2025 for its container direct program, cutting direct container lead times from about six months to four to six weeks 1. The top five customers represented about 26% of consolidated sales 1.

    Segments

    Domestic Upholstery

    The domestic manufacturing segment generated 40.0% of net sales in fiscal 2026 1. Sales fell 2.7%, while private-label and outdoor divisions grew 1. In the second quarter of fiscal 2027 gross margin rose 450 basis points, supported by tariff recoveries and operating efficiencies 3.

    Market context

    The US residential furniture market is highly competitive, with many manufacturers and importers, none dominant in the company's price points 1. Demand depends on mortgage rates, existing home sales and consumer discretionary spending, which have stayed weak in recent years 12. Furniture imports from Vietnam and China have stabilized in recent years 1.

    The hospitality and contract market is also shaped by project cycles, which makes sales in this area volatile. If demand in the hospitality industry stays weak, the All Other segment could keep reporting lower volumes 3.

    Trends

    • Tariffs and recoveries after the Supreme Court rulingmixed

      Tariffs imposed under IEEPA were ruled unauthorized in February 2026, and the company has begun recovering amounts paid 13. The recoveries do not fully offset costs incurred, but they could support near-term results if no new tariffs are imposed.

    • Weak housing and furniture demandheadwind

      A slow housing market, high interest rates and low consumer confidence continue to reduce discretionary furniture spending 13.

    • Lower operating and freight coststailwind

      Fixed cost reductions, warehouse changes and lower ocean freight costs have improved margins in recent quarters 13.

    • Margaritaville licensed line launchtailwind

      Retailer commitments for Margaritaville products exceed expectations, and shipments could scale over the second half of fiscal 2027 and into fiscal 2028 3.

    Competitive position

    The furniture market is fragmented, with many manufacturers and importers, and some competitors have much larger sales volumes and financial resources than Hooker 1. Primary competitive factors are price, style, availability, quality and durability 1. The company differentiates itself on design capabilities, customer and supplier relationships, and its ability to import and manufacture upholstered furniture 1.

    In the hospitality and contract segment, competition centers on product value, lead times and the ability to meet special requirements 1. The sources do not identify US-listed competitors, so tickers are left null.

    • Asian furniture manufacturers and importers

      Suppliers in Vietnam, China, Malaysia, India and Mexico offering comparable furniture at competitive prices 1.

    • Large American furniture producers

      Companies with larger sales volumes and financial resources, referred to in the source as active in the furniture market 1.

    • Hospitality and contract furniture suppliers

      Competitors in the four- and five-star hotel segment, where lead times and flexibility matter 1.

    • Online retailers and furniture chains

      Distribution channels that can shift demand toward lower-priced products and add price pressure 2.

    News & filings

    SEC filings

    Sources

    1. [1] Form 10-K, fiscal year ended 2026-02-01 · SEC / Hooker Furnishings Corporation · 17 Apr 2026
    2. [2] Form 10-Q, quarter ended 2026-08-02 · SEC / Hooker Furnishings Corporation · 11 Sept 2026
    3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Hooker Furnishings Corporation · 11 Sept 2026

    Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.