Traders should watch for execution on the Margaritaville product launch in fiscal 2027 and any improvement in order backlog trends; however, near-term fundamentals remain weak and profitability is contingent on demand recovery.
Price Chart
Executive Summary
Hooker Furnishings reported a significant earnings miss with a net loss of $2.54 per share for fiscal 2026, far below the $0.05 consensus, driven by $15.6 million in non-cash impairment charges and a 12.4% revenue decline. Despite cost savings and portfolio simplification, weak demand and macro headwinds continue to pressure results.
Key Financial Metrics
Key Facts
- Reported EPS of $-2.54 vs. $0.05 estimate — a 4080% miss
- Revenue of $278.1M, down 12.4% YoY, below $74.1M consensus
- Full-year operating loss of $16.5M, including $15.6M in non-cash impairment charges
- Divested Pulaski and Samuel Lawrence Furniture, exiting lower-margin businesses
- Hooker Branded returned to profitability with $1.9M operating income
- Domestic Upholstery segment loss widened to $16.9M due to impairments
- Inventory down $17.5M to $48.7M; cash at $1.1M, down $5.2M
- New $5M share repurchase program announced, dividend recalibrated to $0.46 annually
Financial Impact
Net loss of $27M vs. prior year net loss of $12.5M; revenue down $39.2M YoY
Risk Factors
- Continued macroeconomic weakness in furniture demand
- Execution risk in new product launch (Margaritaville line)
- Potential for further impairment charges if turnaround lags
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3275112 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 6w ago | 8-K | $12.83 $13.26 | ▲ +3.35% | ▲ +3.57% | $13.04 (+1.64%) |
Sep 11, 2026 6w ago | Press Release | $12.83 $13.26 | ▲ +3.35% | ▲ +3.57% | $13.04 (+1.64%) |
Sep 4, 2026 7w ago | 8-K | $12.90 $13.43 | ▲ +4.07% | ▲ +5.19% | $13.04 (+1.09%) |
Sep 3, 2026 7w ago | 8-K / PRESS-RELEASE | $13.12 $13.94 | ▲ +6.25% | ▲ +7.46% | $13.04 (−0.61%) |
Aug 27, 2026 8w ago | Press Release | $13.37 | awaiting T+5 | — | $13.04 (−2.47%) |
Jun 11, 2026 19w ago | Institutional Cluster | $15.55 $15.20 | ▼ −2.25% | ▼ −2.68% | $13.04 (−16.14%) |
Jun 11, 2026 19w ago | 8-K | $15.55 $15.20 | ▼ −2.25% | ▼ −2.68% | $13.04 (−16.14%) |
Jun 11, 2026 19w ago | Press Release | $15.55 $15.20 | ▼ −2.25% | ▼ −2.68% | $13.04 (−16.14%) |
Jun 9, 2026 20w ago | 8-K | $12.33 $15.21 | ▲ +23.36% | ▲ +19.93% | $13.04 (+5.76%) |
May 28, 2026 21w ago | Press Release | $11.97 | awaiting T+5 | — | $13.04 (+8.94%) |
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