Hooker Furniture Reports Third Quarter Sales, Earnings and Increased Dividend
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Hooker Furniture (HOFT) Reports Q3 EPS of $0.33
December 6, 2019 6:17 AM ESTHooker Furniture (NASDAQ: HOFT) reported Q3 EPS of $0.33, versus $0.79 reported last year. Revenue for the quarter came in at $158.2 million, versus $171.5 million reported last year.
Outlook
Compared to the second quarter, consolidated orders increased by about $8 million or 5% in the third quarter, said Toms. However, compared to the same period a year ago, consolidated orders dipped approximately $15 million, or 8%. The decline in orders from the one large Home Meridian customer is about half of that reduction, along with the subdued demand from increased prices... More
