What underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...
Hooker Furniture (HOFT) delivered earnings and revenue surprises of -40% and 2.93%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?
MARTINSVILLE, Va., April 11, 2024 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, today reported operating results for its fiscal 2024 fourth quarter and full year ended January 28, 2024. Fiscal 2024 and the fourth quarter overview: Despite difficult business conditions for the home furnishings industry and a 25.7% consolidated sales decrease, the Company rep