Brief: Hooker Furnishings - On March 14, Co Approved Plan To Exit Accentrics Home E-Commerce Business Unit Of Its Home Meridian Operating Segment
17/03/2023 10:27
March 17 (Reuters) - Hooker Furnishings Corp HOFT.O :
* HOOKER FURNISHINGS - ON MARCH 14, CO APPROVED PLAN TO EXIT
ACCENTRICS HOME E-COMMERCE BUSINESS UNIT OF ITS HOME MERIDIAN
OPERATING SEGMENT
* HOOKER FURNISHINGS CORP - CONCURRENT WITH THAT EXIT,
COMPANY
EXPECTS TO RECORD AN APPROXIMATE $34 MILLION NON-CASH CHARGE
RELATED TO EXIT
Further company coverage: HOFT.O
((Reuters.Briefs@thomsonreuters.com;;))
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