The tariff recoveries mask underlying revenue weakness — strip out the $4.3M cost-of-sales benefit and operating income would be roughly breakeven. Watch for Q3 organic revenue trends and Margaritaville shipment ramp as the key catalysts; the stock may trade on macro housing data more than company-specifics near-term.
Price Chart
Executive Summary
Hooker Furnishings reported Q2 FY2027 results with net income of $1.7M ($0.15 diluted EPS) vs a $3.3M loss in the prior year, driven by $7.9M in tariff recoveries. However, consolidated net sales declined 8.7% to $63.3M, with all three segments reporting lower revenue. The company maintained profitability for a third consecutive quarter but faces continued macro headwinds from weak housing and consumer spending, with management not expecting near-term improvement.
Key Financial Metrics
Key Facts
- Consolidated net sales decreased 8.7% to $63.3M in Q2 vs $69.2M a year ago
- Net income of $1.7M ($0.15 diluted) vs net loss of $3.3M in prior-year Q2
- Received $7.9M in tariff recoveries during the quarter; $4.3M recognized as cost of sales reduction
- Operating income of $1.3M vs operating loss of $0.5M in prior-year Q2
- Cash and equivalents grew to $18.7M from $1.1M at fiscal year-end, with zero debt on term loan
- Repurchased 92,357 shares at avg $13.68 under $5M buyback program; $3.7M remaining
- Consolidated backlog up 6.2% YoY to $42.4M; Hooker Branded backlog up 34.7% YoY
- Margaritaville shipments began in late Q2; commitments to ~100 in-store galleries and 10 free-standing stores
Financial Impact
Q2 net income of $1.7M vs prior-year loss of $3.3M; revenue decline of $6.0M (-8.7%)
Risk Factors
- Continued macro weakness in housing and consumer spending pressuring furniture demand
- Potential new tariffs on imported goods later this fiscal year replacing invalidated IEEPA tariffs
- Margaritaville launch scaling slower than expected; promotional activity pressuring margins
- All Other segment (hospitality) saw 65.8% revenue decline in Q2 due to project timing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001171843-26-005988 |
| Document: f8k_091126.htm | 0001171843-26-005988 |
| Document: 0001171843-26-005988-index-headers.html | 0001171843-26-005988 |
| Document: 0001171843-26-005988-index.html | 0001171843-26-005988 |
| Document: 0001171843-26-005988.txt | 0001171843-26-005988 |
| 8-K Data (Synthetic) | 0001171843-26-005988 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 6w ago | 8-K | $12.83 $13.26 | ▲ +3.35% | ▲ +3.57% | $13.06 (+1.75%) |
Sep 11, 2026 6w ago | Press Release | $12.83 $13.26 | ▲ +3.35% | ▲ +3.57% | $13.06 (+1.75%) |
Sep 4, 2026 7w ago | 8-K | $12.90 $13.43 | ▲ +4.07% | ▲ +5.19% | $13.06 (+1.20%) |
Sep 3, 2026 7w ago | 8-K / PRESS-RELEASE | $13.12 $13.94 | ▲ +6.25% | ▲ +7.46% | $13.06 (−0.49%) |
Aug 27, 2026 8w ago | Press Release | $13.37 | awaiting T+5 | — | $13.06 (−2.36%) |
Jun 11, 2026 19w ago | Institutional Cluster | $15.55 $15.20 | ▼ −2.25% | ▼ −2.68% | $13.06 (−16.04%) |
Jun 11, 2026 19w ago | 8-K | $15.55 $15.20 | ▼ −2.25% | ▼ −2.68% | $13.06 (−16.04%) |
Jun 11, 2026 19w ago | Press Release | $15.55 $15.20 | ▼ −2.25% | ▼ −2.68% | $13.06 (−16.04%) |
Jun 9, 2026 19w ago | 8-K | $12.33 $15.21 | ▲ +23.36% | ▲ +19.93% | $13.06 (+5.88%) |
May 28, 2026 21w ago | Press Release | $11.97 | awaiting T+5 | — | $13.06 (+9.07%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers