Hooker Furnishings Q4 revenue falls 20.5% on lower hospitality project shipments

Hooker Furnishings

16/04/2026 11:11

Overview

U.S. home furnishings designer's fiscal Q4 revenue fell 20.5% yr/yr

Adjusted EPS for fiscal Q4 declined

Company completed divestitures and authorized $5 mln share repurchase program for fiscal 2027

Outlook

Company does not anticipate near-term meaningful improvement in market conditions

Incoming orders in the Hooker Branded and Domestic Upholstery segments have increased year-over-year for three consecutive quarters, adjusted for prior year’s extra week

Margaritaville product shipments expected to begin in second half of fiscal 2027

Result Drivers

LOWER SALES VOLUME - Co said Q4 sales fell due to lower hospitality project shipments, one fewer week in the qtr, and winter storms in key markets

COST REDUCTION - Margin improvement and disciplined cost control supported profitability, especially in Hooker Branded; Domestic Upholstery operating loss reduced by over 50% due to cost initiatives

PORTFOLIO SIMPLIFICATION - Divestiture of Pulaski Furniture and Samuel Lawrence Furniture advanced portfolio simplification and strategic focus

Company press release: ID:nGNX5SpV1d

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
$66.98 mln
$74.09 mln (2 Analysts)
Q4 EPS
$0.05
$0.07 (2 Analysts)
Q4 Net Income from continuing operations
$874,000
Q4 Gross Profit
$20.10 mln
Q4 Operating Income
$629,000


Analyst Coverage

Wall Street's median 12-month price target for Hooker Furnishings Corp is $15.00, about 5.3% above its April 15 closing price of $14.25

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)