HOFT's second-quarter fiscal 2025 results are likely to reflect softness in home furnishings demand trends, along with hiked costs and expenses.
It's tough in the furniture industry in 2024.
Hooker Furnishings Corporation (NASDAQ:HOFT ) Q1 2025 Earnings Call Transcript June 6, 2024 9:00 AM ET Company Participants Paul Huckfeldt - CFO Jeremy Hoff - CEO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Dave Storms - Stonegate Operator Good day, and thank you for standing by. Welcome to the Hooker Furnishings First Quarter 2025 Earnings Webcast.
Hooker Furniture (HOFT) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.13 per share a year ago.
Hooker Furnishings Corp.'s stock HOFT, +1.92% fell 2.9% early Thursday, after the furniture retailer posted a wider-than-expected loss for its fiscal first quarter and sales that lagged estimates. The Martinsville, Va.
Softened demand for home furnishings space is expected to hurt Hooker Furnishings' (HOFT) first-quarter fiscal 2025 performance.
Hooker Furniture (HOFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.