Hooker Furnishings Declares Quarterly Dividend
Rhea-AI Summary
Hooker Furnishings (NASDAQ:HOFT) has declared a quarterly cash dividend of $0.23 per share, payable on September 30, 2025, to shareholders of record on September 19, 2025.
The company, now in its 101st year of business, operates through multiple divisions including Hooker Furniture, Bradington-Young, HF Custom, Home Meridian, and Sunset West. These divisions serve various market segments from upper-medium price points to more moderate price ranges across residential, hospitality, and contract markets.
The company maintains manufacturing facilities in Virginia, North Carolina, and California, with distribution centers in Virginia, North Carolina, and Vietnam.
Positive
- Consistent dividend payment demonstrates financial stability
- Broad market presence across multiple furniture segments and price points
- Extensive manufacturing and distribution network across US and Vietnam
Negative
- None.
News Market Reaction 3 Alerts
On the day this news was published, HOFT gained 1.20%, reflecting a mild positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $117M at that time. Trading volume was elevated at 2.3x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
MARTINSVILLE, Va., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on September 9, 2025, its board of directors declared a quarterly cash dividend of
Hooker Furnishings Corporation, in its 101st year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home décor for the residential, hospitality and contract markets. The Company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture and outdoor furniture. Major casegoods product categories include home entertainment, home office, accent, dining, and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand. Hooker’s residential upholstered seating product lines include Bradington-Young, a specialist in upscale motion and stationary leather furniture, HF Custom (formerly Sam Moore), a specialist in fashion forward custom upholstery offering a selection of chairs, sofas, sectionals, recliners and a variety of accent upholstery pieces, Hooker Upholstery, imported upholstered furniture targeted at the upper-medium price-range and Shenandoah Furniture, an upscale upholstered furniture company specializing in private label sectionals, modulars, sofas, chairs, ottomans, benches, beds and dining chairs in the upper-medium price points for lifestyle specialty retailers. The H Contract product line supplies upholstered seating and casegoods to upscale senior living facilities. The Home Meridian division addresses more moderate price points and channels of distribution not currently served by other Hooker Furnishings divisions or brands. Home Meridian’s brands include Pulaski Furniture, casegoods covering the complete design spectrum in a wide range of bedroom, dining room, accent and display cabinets at medium price points, Samuel Lawrence Furniture, value-conscious offerings in bedroom, dining room, home office and youth furnishings, Prime Resources International, value-conscious imported leather upholstered furniture, and Samuel Lawrence Hospitality, a designer and supplier of hotel furnishings. The Sunset West division is a designer and manufacturer of comfortable, stylish and high-quality outdoor furniture. Hooker Furnishings Corporation’s corporate offices and upholstery manufacturing facilities are located in Virginia, North Carolina and California, with showrooms in High Point, NC, Las Vegas, NV, Atlanta, GA and Ho Chi Minh City, Vietnam. The company operates distribution centers in Virginia, North Carolina, and Vietnam. Please visit our websites hookerfurnishings.com, hookerfurniture.com, bradington-young.com, hfcustomfurniture.com, hcontractfurniture.com, homemeridian.com, pulaskifurniture.com, slh-co.com, and sunsetwestusa.com.
For more information, contact:
C. Earl Armstrong, Senior Vice President-Finance and CFO
Hooker Furnishings Corporation, 276.666.3969
FAQ
What is Hooker Furnishings' (HOFT) latest quarterly dividend amount?
When is the HOFT dividend payable and what is the record date?
What are the main brands under Hooker Furnishings?
Where are Hooker Furnishings' manufacturing facilities located?
How long has Hooker Furnishings been in business?
