Revenue has contracted from $104.5M in 2025Q4 to $63.2M in 2027Q2 with a 2.0% operating margin in the latest quarter, suggesting the margin improvement remains fragile against SG&A near $18M per quarter.
Hooker Furnishings Corporation (HOFT) annual income statement — 28-year revenue, gross profit & net income history
| Metric | TTM | Feb'26 | Feb'25 | Jan'24 | Jan'23 | Jan'22 | Jan'21 | Feb'20 | Feb'19 | Jan'18 | Jan'17 | Jan'16 | Feb'15 | Feb'14 | Feb'13 | Jan'12 | Jan'11 | Jan'10 | Feb'09 | Feb'08 | Nov'06 | Nov'05 | Nov'04 | Nov'03 | Nov'02 | Nov'01 | Nov'00 | Nov'99 | Nov'98 |
|---|
| Sales/Revenue | 270.42M | 305.18M | 397.46M | 433.23M | 583.1M | 593.61M | 540.08M | 610.82M | 683.5M | 620.63M | 577.22M | 247M | 244.35M | 228.29M | 218.36M | 222.5M | 215.43M | 203.35M | 261.16M | 316.8M | 350.03M | 341.77M | 345.94M | 309M | 248.35M | 221.29M | 250.83M | 227.78M | 205.31M |
| Revenue Growth % | -28.13% | -23.22% | -8.25% | -25.7% | -1.77% | 9.91% | -11.58% | -10.63% | 10.13% | 7.52% | 133.69% | 1.08% | 7.03% | 4.55% | -1.86% | 3.28% | 5.94% | -22.14% | -17.56% | -9.49% | 2.41% | -1.21% | 11.95% | 24.43% | 12.23% | -11.78% | 10.12% | 10.95% | - |
| Cost of Goods Sold | 192.63M | 231.15M | 308.82M | 324.53M | 489.81M | 491.91M | 427.33M | 496.87M | 536.51M | 485.38M | 451.1M | 178.31M | 181.55M | 173.57M | 165.81M | 173.64M | 168.55M | 154.93M | 200.88M | 219.56M | 248.81M | 249.87M | 250.47M | 226.88M | 179.56M | 170.01M | 188.14M | 168.6M | 156.34M |
| COGS % of Revenue | - | 75.74% | 77.7% | 74.91% | 84% | 82.87% | 79.12% | 81.34% | 78.5% | 78.21% | 78.15% | 72.19% | 74.3% | 76.03% | 75.94% | 78.04% | 78.24% | 76.19% | 76.92% | 69.3% | 71.08% | 73.11% | 72.4% | 73.42% | 72.3% | 76.83% | 75.01% | 74.02% | 76.15% |
| Gross Profit | 77.79M | 74.02M | 88.65M | 108.69M | 93.29M | 101.7M | 112.75M | 113.96M | 146.99M | 135.26M | 126.12M | 68.69M | 62.8M | 54.73M | 52.55M | 48.86M | 46.88M | 48.42M | 60.28M | 97.25M | 101.21M | 91.9M | 95.48M | 82.13M | 68.79M | 51.28M | 62.69M | 59.18M | 48.96M |
| Gross Margin % | 28.77% | 24.26% | 22.3% | 25.09% | 16% | 17.13% | 20.88% | 18.66% | 21.5% | 21.79% | 21.85% | 27.81% | 25.7% | 23.97% | 24.06% | 21.96% | 21.76% | 23.81% | 23.08% | 30.7% | 28.92% | 26.89% | 27.6% | 26.58% | 27.7% | 23.17% | 24.99% | 25.98% | 23.85% |
| Gross Profit Growth % | - | -16.5% | -18.44% | 16.5% | -8.27% | -9.8% | -1.06% | -22.47% | 8.67% | 7.24% | 83.61% | 9.38% | 14.76% | 4.15% | 7.54% | 4.23% | -3.17% | -19.69% | -38.01% | -3.92% | 10.13% | -3.74% | 16.26% | 19.39% | 34.14% | -18.19% | 5.92% | 20.87% | - |
| Operating Expenses | 90.61M | 97.67M | 106.73M | 96.33M | 99.34M | 86.86M | 127.11M | 91.25M | 94.31M | 89.36M | 89.36M | 44.43M | 43.75M | 42.22M | 39.61M | 42.19M | 41.11M | 43.23M | 49.94M | 67.55M | 78.43M | 70.75M | 64.31M | 56.37M | 42.47M | 40.2M | 40.38M | 34.09M | 32.05M |
| OpEx % of Revenue | - | 32.01% | 26.85% | 22.24% | 17.04% | 14.63% | 23.54% | 14.94% | 13.8% | 14.4% | 15.48% | 17.99% | 17.91% | 18.49% | 18.14% | 18.96% | 19.08% | 21.26% | 19.12% | 21.32% | 22.41% | 20.7% | 18.59% | 18.24% | 17.1% | 18.17% | 16.1% | 14.97% | 15.61% |
| Selling, General & Admin | 73.87M | 79.15M | 100.22M | 92.68M | 95.81M | 84.47M | 80.41M | 88.87M | 91.93M | 87.28M | 83.77M | 44.43M | 43.75M | 42.22M | 39.61M | 40.38M | 41.02M | 41.96M | 45.98M | 67.24M | 71.55M | 65.5M | 62.71M | 54.9M | 42.47M | 39.32M | 39.74M | 35.65M | 32.05M |
| SG&A % of Revenue | - | 25.93% | 25.21% | 21.39% | 16.43% | 14.23% | 14.89% | 14.55% | 13.45% | 14.06% | 14.51% | 17.99% | 17.91% | 18.49% | 18.14% | 18.15% | 19.04% | 20.63% | 17.61% | 21.22% | 20.44% | 19.16% | 18.13% | 17.77% | 17.1% | 17.77% | 15.84% | 15.65% | 15.61% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1.54M | 18.53M | 6.52M | 3.66M | 3.52M | 2.38M | 46.7M | 2.38M | 2.38M | 2.08M | 2.08M | 0 | 0 | 0 | 0 | 1.81M | 91K | 1.27M | 3.96M | 309K | 6.88M | 5.25M | 1.6M | 1.47M | 0 | 881K | 0 | 0 | 0 |
| Operating Income | -12.82M | -23.65M | -18.09M | 12.36M | -6.05M | 14.84M | -14.36M | 22.71M | 52.67M | 45.45M | 45.45M | 24.26M | 19.05M | 12.5M | 12.94M | 6.67M | 4.06M | 5.19M | 10.34M | 29.7M | 22.78M | 21.16M | 31.17M | 25.75M | 26.32M | 11.08M | 22.95M | 23.53M | 16.91M |
| Operating Margin % | -4.74% | -7.75% | -4.55% | 2.85% | -1.04% | 2.5% | -2.66% | 3.72% | 7.71% | 7.32% | 7.87% | 9.82% | 7.8% | 5.48% | 5.93% | 3% | 1.89% | 2.55% | 3.96% | 9.37% | 6.51% | 6.19% | 9.01% | 8.33% | 10.6% | 5.01% | 9.15% | 10.33% | 8.24% |
| Operating Income Growth % | - | -30.78% | -246.34% | 304.4% | -140.73% | 203.33% | -163.26% | -56.89% | 15.89% | 0% | 87.35% | 27.37% | 52.35% | -3.38% | 93.92% | 64.32% | -21.69% | -49.85% | -65.18% | 30.34% | 7.7% | -32.12% | 21.02% | -2.15% | 137.6% | -51.73% | -2.49% | 39.15% | - |
| EBITDA | -5.75M | -16.59M | -8.86M | 21.31M | 2.78M | 22.66M | -7.59M | 29.81M | 60.12M | 52.1M | 53.45M | 27.21M | 21.65M | 14.99M | 15.51M | 9.24M | 6.91M | 8.31M | 13.25M | 33.05M | 27.43M | 27.45M | 38.59M | 34.48M | 34.42M | 18.67M | 29.64M | 28.52M | 21.81M |
| EBITDA Margin % | -2.13% | -5.44% | -2.23% | 4.92% | 0.48% | 3.82% | -1.4% | 4.88% | 8.8% | 8.39% | 9.26% | 11.02% | 8.86% | 6.57% | 7.1% | 4.15% | 3.21% | 4.09% | 5.07% | 10.43% | 7.84% | 8.03% | 11.15% | 11.16% | 13.86% | 8.44% | 11.82% | 12.52% | 10.62% |
| EBITDA Growth % | 35.34% | -87.3% | -141.55% | 665.86% | -87.72% | 398.67% | -125.45% | -50.42% | 15.39% | -2.53% | 96.46% | 25.69% | 44.37% | -3.3% | 67.83% | 33.72% | -16.87% | -37.29% | -59.9% | 20.49% | -0.08% | -28.86% | 11.93% | 0.16% | 84.38% | -37.01% | 3.91% | 30.76% | - |
| D&A (Non-Cash Add-back) | 7.08M | 7.06M | 9.23M | 8.96M | 8.83M | 7.81M | 6.78M | 7.1M | 7.44M | 6.65M | 8M | 2.95M | 2.6M | 2.49M | 2.57M | 2.57M | 2.85M | 3.13M | 2.91M | 3.35M | 4.64M | 6.3M | 7.42M | 8.72M | 8.1M | 7.59M | 6.69M | 4.99M | 4.9M |
| EBIT | -12.63M | -23.17M | -15.15M | 14.01M | -5.63M | 15.22M | -14.03M | 23.16M | 53.04M | 47.02M | 47.02M | 24.52M | 19.45M | 12.5M | 12.94M | 8.49M | 4.15M | 6.46M | 14.3M | 30.01M | 29.66M | 26.41M | 32.77M | 27.22M | 26.32M | 11.96M | 22.95M | 23.53M | 16.91M |
| Net Interest Income | -454K | -766K | -1.27M | -1.57M | -519K | -110K | -540K | -1.24M | -1.45M | -1.25M | -1.25M | -64K | -53K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.87M | -2.64M | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 454K | 766K | 1.27M | 1.57M | 519K | 110K | 540K | 1.24M | 1.45M | 1.25M | 954K | 64K | 53K | 35K | 0 | 3.09M | 3.38M | 2.75M | 2.37M | 0 | 0 | 10.58M | 1.87M | 2.64M | 974K | 1.48M | 76K | 716K | 0 |
| Other Income/Expense | 161K | -239K | 1.66M | 80K | -103K | 263K | -204K | -780K | -1.08M | 318K | -24K | 197K | 350K | -35K | 53K | 272K | 108K | -99K | -3.64M | 1.47M | -77K | -646K | -1.24M | -2.35M | -1.53M | -927K | -38K | -358K | 114K |
| Pretax Income | -12.66M | -23.89M | -16.43M | 12.44M | -6.15M | 15.11M | -14.57M | 21.93M | 51.59M | 46.18M | 39.2M | 24.46M | 19.4M | 12.47M | 12.99M | 6.95M | 4.17M | 5.09M | 10.66M | 31.17M | 22.71M | 20.51M | 29.92M | 23.4M | 24.79M | 10.15M | 22.91M | 23.18M | 17.03M |
| Pretax Margin % | -4.68% | -7.83% | -4.13% | 2.87% | -1.05% | 2.54% | -2.7% | 3.59% | 7.55% | 7.44% | 6.79% | 9.9% | 7.94% | 5.46% | 5.95% | 3.12% | 1.94% | 2.5% | 4.08% | 9.84% | 6.49% | 6% | 8.65% | 7.57% | 9.98% | 4.59% | 9.13% | 10.17% | 8.29% |
| Income Tax | -3.27M | -5.9M | -3.92M | 2.57M | -1.84M | 3.39M | -4.14M | 4.84M | 11.72M | 17.62M | 13.91M | 8.27M | 6.82M | 4.54M | 4.37M | 1.89M | 929K | 2.08M | 3.75M | 11.51M | 8.57M | 8.02M | 11.72M | 8.69M | 9.39M | 3.64M | 8M | 8.88M | 6.24M |
| Effective Tax Rate % | 25.82% | 24.7% | 23.86% | 20.69% | 29.87% | 22.43% | 28.43% | 22.09% | 22.71% | 38.15% | 35.49% | 33.83% | 35.15% | 36.41% | 33.61% | 27.19% | 22.28% | 40.87% | 35.2% | 36.94% | 37.74% | 39.12% | 39.17% | 37.14% | 37.9% | 35.86% | 34.9% | 38.32% | 36.65% |
| Net Income | -17.91M | -26.97M | -12.51M | 9.87M | -4.31M | 11.72M | -10.43M | 17.08M | 39.87M | 28.56M | 25.29M | 16.18M | 12.58M | 7.93M | 8.63M | 5.06M | 3.24M | 3.01M | 6.91M | 19.66M | 14.14M | 12.48M | 18.2M | 14.71M | 15.39M | 6.51M | 14.91M | 14.29M | 10.79M |
| Net Margin % | -6.62% | -8.84% | -3.15% | 2.28% | -0.74% | 1.97% | -1.93% | 2.8% | 5.83% | 4.6% | 4.38% | 6.55% | 5.15% | 3.47% | 3.95% | 2.27% | 1.5% | 1.48% | 2.65% | 6.2% | 4.04% | 3.65% | 5.26% | 4.76% | 6.2% | 2.94% | 5.95% | 6.28% | 5.25% |
| Net Income Growth % | -39.98% | -115.62% | -226.78% | 328.78% | -136.8% | 212.39% | -161.03% | -57.16% | 39.61% | 12.95% | 56.24% | 28.67% | 58.65% | -8.08% | 70.58% | 56.08% | 7.71% | -56.47% | -64.84% | 39.02% | 13.24% | -31.42% | 23.75% | -4.42% | 136.42% | -56.35% | 4.33% | 32.53% | - |
| Net Income (Continuing) | -9.39M | -17.99M | -12.51M | 9.87M | -4.31M | 11.72M | -10.43M | 17.08M | 39.87M | 28.25M | 25.29M | 16.18M | 12.58M | 7.93M | 8.63M | 5.06M | 3.24M | 3.01M | 6.91M | 19.66M | 14.14M | 12.48M | 18.2M | 14.71M | 15.39M | 6.51M | 14.91M | 14.29M | 10.79M |
| Discontinued Operations | -873K | -8.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.66 | -2.54 | -1.20 | 0.88 | -0.37 | 0.97 | -0.88 | 1.44 | 3.38 | 2.44 | 2.42 | 1.49 | 1.16 | 0.74 | 0.80 | 0.47 | 0.30 | 0.28 | 0.62 | 1.58 | 1.18 | 1.06 | 1.56 | 1.28 | 1.37 | 0.56 | 1.03 | 0.94 | 0.70 |
| EPS Growth % | -38.66% | -111.67% | -236.36% | 337.84% | -138.14% | 210.23% | -161.11% | -57.4% | 38.52% | 0.83% | 62.42% | 28.45% | 56.76% | -7.5% | 70.21% | 56.67% | 7.14% | -54.84% | -60.76% | 33.9% | 11.32% | -32.05% | 21.88% | -6.57% | 144.64% | -45.63% | 9.57% | 34.29% | - |
| EPS (Basic) | - | -2.54 | -1.20 | 0.89 | -0.37 | 0.98 | -0.88 | 1.44 | 3.39 | 2.45 | 2.42 | 1.50 | 1.17 | 0.74 | 0.80 | 0.47 | 0.30 | 0.28 | 0.62 | 1.58 | 1.18 | 1.06 | 1.56 | 1.28 | 1.37 | 0.56 | 1.03 | 0.94 | 0.70 |
| Diluted Shares Outstanding | 10.76M | 10.72M | 10.53M | 10.84M | 11.59M | 11.97M | 11.82M | 11.84M | 11.78M | 11.66M | 11.66M | 10.81M | 10.77M | 10.75M | 10.78M | 10.79M | 10.77M | 10.76M | 11.07M | 12.45M | 11.95M | 11.79M | 11.67M | 11.47M | 11.29M | 15.38M | 14.51M | 15.27M | 15.38M |
| Basic Shares Outstanding | 10.64M | 10.62M | 10.53M | 10.68M | 11.59M | 11.85M | 11.82M | 11.78M | 11.76M | 11.63M | 11.63M | 10.78M | 10.74M | 10.72M | 10.74M | 10.76M | 10.76M | 10.75M | 11.06M | 12.44M | 11.95M | 11.79M | 11.67M | 11.47M | 11.29M | 11.62M | 14.51M | 15.27M | 15.38M |
| Dividend Payout Ratio | - | - | - | 98.15% | - | 75.29% | - | 42.21% | 16.84% | 20.36% | 19.2% | 26.7% | 34.23% | 54.24% | 62.44% | 85.33% | 133.09% | 143.25% | 64.53% | 25.62% | 26.08% | 26.32% | 15.3% | 16.69% | 12.12% | 34.7% | 16.66% | 16.02% | 19.95% |
Quick answers to the most common questions about buying HOFT stock.
For fiscal year 2026, Hooker Furnishings Corporation (HOFT) reported total revenue of $305.2M. This represents a 48.6% increase compared to $205.3M in 1999.
Hooker Furnishings Corporation (HOFT) reported a net loss of $27.0M for the fiscal year ending 2026.
Hooker Furnishings Corporation (HOFT) reported an operating income of $-23.7M, resulting in an operating profit margin of -7.7%. This margin reflects the operational efficiency of the business before interest and taxes.
Hooker Furnishings Corporation (HOFT) generated $74.0M in gross profit for the year, representing a gross profit margin of 24.3%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Persistent revenue contraction pressure
Metrics are mathematically derived from official filings.
Revenue Stabilizing After Sharp Contraction
Based on reported quarterly figures, HOFT's revenue fell from roughly $104.5M in 2025Q4 to $63.2M in 2027Q2, a year-over-year decline of 23.0% in the most recent quarter, signaling sustained demand weakness.
The year-over-year decline narrowed from double digits in 2026 to a 23.0% contraction in 2027Q2, which may suggest the revenue base is stabilizing at a lower level rather than recovering. The data does not isolate volume versus pricing or organic versus inorganic drivers, so the durability of any rebound cannot be assessed from these figures. Investors should monitor whether sequential revenue holds near the $63M to $70M range in coming quarters.
Gross Margin Recovering From Trough
According to reported income statement data, HOFT's gross margin compressed to 20.5% in 2025Q2 before recovering to 30.9% in 2027Q2, though it remains below the pre-2026 levels seen near 23% to 23.3% in 2025.
The recovery in gross margin, which rose roughly ten percentage points from its trough, appears to reflect either cost relief or improved pricing discipline, though the data cannot distinguish between the two. Peer Flexsteel reports a gross margin of 24.7%, placing HOFT's current level above that comparison, which warrants further investigation into whether this reflects sustainable mix or temporary cost timing. Margin cyclicality in home furnishings is typically tied to input costs and promotional intensity, and the sharp swings observed here suggest meaningful sensitivity to those factors.
Operating Leverage Remains Negative Overall
Based on reported figures, HOFT's operating margin moved from -7.0% in 2025Q3 to 2.0% in 2027Q2, yet SG&A has remained near $18M to $28M per quarter, consuming most of the gross profit base.
SG&A as a share of revenue rose to roughly 29% in 2027Q2 from about 29% to 30% in earlier quarters, indicating that overhead has not scaled down proportionally with the revenue decline. The positive operating result in recent quarters reflects gross margin recovery more than cost discipline, which may suggest limited operating leverage under current volumes. Investors should monitor whether SG&A can be reduced in step with any further revenue weakness.
Net Income Swings Driven by Small Base
As reported in financial statements, HOFT's diluted EPS moved from -$0.40 in 2025Q3 to $0.15 in 2027Q2, a swing magnitude that appears largely driven by small absolute earnings rather than structural change.
With operating income of only $1.3M to $1.6M in the two most recent quarters, EPS figures are highly sensitive to minor changes in costs or taxes, limiting their reliability as a trend indicator. Stock-based compensation remains small, around $0.2M per quarter, so it does not appear to materially distort reported earnings. The data does not disclose tax rate or non-operating detail, so further analysis of earnings composition is not possible from these figures.
Margin Recovery May Not Hold
Based on reported figures, the bear case centers on whether HOFT's gross margin jump to 30.9% reflects durable pricing power or temporary cost relief, given revenue still declined 23.0% year over year.
A bearish reading would argue that margin expansion during a sharp revenue decline may be unsustainable if it relies on inventory timing, reduced promotions that cut volume further, or one-time cost benefits. Operating margin of only 2.0% leaves little cushion against any further demand softness, and the company's SG&A base has not contracted meaningfully. Analysts should treat the recent profitability inflection as unconfirmed until several quarters of stable revenue and margin are observed.