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Hooker Furnishings (NASDAQ: HOFT) sets $0.115 quarterly cash dividend

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Hooker Furnishings Corporation declared a quarterly cash dividend of $0.115 per share. The dividend is payable on March 31, 2026 to shareholders of record on March 16, 2026, signaling ongoing cash returns to investors.

The company, now in its 102nd year, designs, markets, imports and manufactures a wide range of indoor and outdoor home furnishings and hospitality furniture under multiple brands, with operations, manufacturing, showrooms and distribution centers across the United States and Vietnam.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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FAQ

What dividend did Hooker Furnishings (HOFT) declare in March 2026?
Hooker Furnishings declared a quarterly cash dividend of $0.115 per share. The board approved the dividend on March 5, 2026, continuing the company’s practice of returning cash to shareholders through regular quarterly distributions.

When is Hooker Furnishings’ March 2026 dividend payable and what is the record date?
The declared dividend is payable on March 31, 2026 to shareholders of record on March 16, 2026. Investors must own HOFT shares by the record date to receive the $0.115 per share cash payment.

What type of business is Hooker Furnishings (HOFT)?
Hooker Furnishings is a designer, marketer, importer and manufacturer of casegoods, upholstered furniture, outdoor furniture, lighting, accessories and home décor. It serves residential, hospitality and contract markets with multiple brands across upper-medium and premium price points.

Which brands are included in Hooker Furnishings’ product portfolio?
Hooker Furnishings’ brands include Hooker Furniture, Bradington-Young, HF Custom, Hooker Upholstery, Shenandoah Furniture, H Contract, Samuel Lawrence Hospitality and Sunset West, covering casegoods, residential upholstery, senior living and hospitality furnishings, plus outdoor furniture.

Where does Hooker Furnishings operate its facilities and showrooms?
Hooker Furnishings’ corporate offices and upholstery manufacturing facilities are in Virginia, North Carolina and California. The company operates showrooms in High Point, Las Vegas, Atlanta and Ho Chi Minh City, and distribution centers in Virginia and Vietnam.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  March 5, 2026

_______________________________

Hooker Furnishings Corporation

(Exact name of registrant as specified in its charter)

_______________________________

Virginia000-2534954-0251350
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

440 East Commonwealth Boulevard

Martinsville, Virginia 24112

(Address of Principal Executive Offices) (Zip Code)

(276) 632-2133

(Registrant's telephone number, including area code)

 

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, no par valueHOFTNASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 
 
Item 8.01. Other Events.

 

On March 6, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.
   
99.1 Press Release dated March 6, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 Hooker Furnishings Corporation
   
  
Date: March 6, 2026By: /s/ C. Earl Armstrong III        
  C. Earl Armstrong III
  Chief Financial Officer and
Senior Vice-President - Finance
  

 

EXHIBIT 99.1

Hooker Furnishings Declares Quarterly Dividend

MARTINSVILLE, Va., March 06, 2026 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on March 5, 2026, its board of directors declared a quarterly cash dividend of $0.115 per share, payable on March 31, 2026, to shareholders of record on March 16, 2026.

Hooker Furnishings Corporation, in its 102nd 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 Samuel Lawrence Hospitality is 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 and Vietnam. Please visit our websites hookerfurnishings.com, hookerfurniture.com, bradington-young.com, hfcustomfurniture.com, hcontractfurniture.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

Source: View Original Filing on SEC EDGAR

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