Every 8-K that Hooker Furnishings Corporation (HOFT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HOFT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HOFT filings page.
Hooker Furnishings Corporation (HOFT) reported a profitable fiscal 2027 second quarter ended August 2, 2026, helped by substantial tariff recoveries and prior cost cuts. Net sales were $63.3 million, down 8.7% year over year, but gross margin improved to 31.8% from 24.9% as tariff refunds reduced cost of sales.
Operating income was $1.3 million versus a loss of $0.5 million a year earlier, and net income reached $1.7 million (diluted EPS $0.15) compared with a loss of $3.3 million (EPS -$0.31). The company received $7.9 million in tariff recoveries, with $4.3 million benefiting continuing operations’ cost of sales and $1.8 million lowering inventory carrying values.
Segment results showed lower sales but stronger profitability: Hooker Branded and Domestic Upholstery both expanded margins and generated operating income, while Hospitality was temporarily weak on project timing yet remained profitable year-to-date. Cash from operations was $24.0 million, boosting cash to $18.7 million with no term debt and $51.8 million in available borrowing capacity. Consolidated backlog rose 6.2% year over year to $42.4 million, and management expects improved second-half results even if market conditions stay challenging.
HOOKER FURNISHINGS Corp (HOFT) reports that its Compensation Committee determined certain prior equity awards to Chief Executive Officer and Director Jeremy R. Hoff exceeded the per-participant share limit in the company’s 2024 Amendment and Restatement of the Stock Incentive Plan. The plan caps equity awards to any individual in a fiscal year at 75,000 shares.
For fiscal 2026 awards granted on February 20, 2025 and fiscal 2027 awards granted on April 13, 2026, a total of 46,149 excess shares and 31,968 excess shares, respectively, were identified and have been rescinded and cancelled from Mr. Hoff’s performance-based restricted stock unit awards. Related grant agreements were amended and additional control procedures were adopted, and the company states these actions do not relate to the performance of Mr. Hoff or the company.
Hooker Furnishings Corporation (HOFT) reported that its board of directors declared a quarterly cash dividend of $0.115 per share on September 3, 2026. The dividend is payable on September 30, 2026 to shareholders of record as of September 15, 2026.
The company, now in its 102nd year of business, describes its operations as designing, marketing, importing, and manufacturing a wide range of casegoods, upholstered, hospitality, and outdoor furniture under multiple brands, with facilities and showrooms in the United States and Vietnam.
Hooker Furnishings Corporation reported the results of its June 9, 2026 Annual Meeting of Shareholders. Shareholders voted on the election of seven directors, with each nominee receiving more votes "For" than "Withheld." Broker non-votes were also recorded for these items.
Shareholders additionally cast votes on two other matters, one receiving 8,236,135 votes For and 499,431 Against, and another receiving 7,517,391 votes For and 141,144 Against, with small abstentions and broker non-votes where applicable.
Hooker Furnishings returned to profitability in its fiscal 2027 first quarter, posting net income of $1.1 million, or $0.10 per share, after a loss in the prior year. Net sales slipped 2.4% to $69.5 million, but gross profit rose to $20.6 million and gross margin widened by 440 basis points as prior cost reductions took hold.
Operating income reached $1.6 million, led by the Hooker Branded segment, which delivered $1.2 million of operating income and a 960 basis-point gross margin increase despite lower sales. Cash and cash equivalents climbed to $10.6 million with no term debt and $54.2 million of available borrowing capacity, while the company began a $5 million share repurchase program, buying 7,615 shares for about $96,000. Management remains cautious on the near-term demand and tariff environment but expects the leaner cost structure and growing Margaritaville and custom upholstery initiatives to support better results than the prior-year period.
Hooker Furnishings Corporation disclosed that its board of directors declared a quarterly cash dividend of $0.115 per share. The dividend will be paid on June 30, 2026 to shareholders who are on record as of June 19, 2026. This continues the company’s practice of returning cash to shareholders while it operates as a designer, marketer, importer and manufacturer of casegoods, upholstered, leather and outdoor furniture across residential, hospitality and contract markets.
Hooker Furnishings Corporation reported that its Compensation Committee approved 2026 pay and 2027 incentive opportunities for top executives. CEO Jeremy R. Hoff’s 2026 base salary is set at $680,000, and CFO C. Earl Armstrong III’s at $375,000. For fiscal 2027, their annual cash incentives are tied to revenue (30% weight) and operating income (70% weight), with payouts ranging from threshold up to 2x target if maximum goals are reached.
Hoff received 35,656 time-based RSUs and Armstrong 10,149, vesting in thirds on April 13, 2027, 2028, and 2029, with full vesting upon a change of control and prorated vesting upon death, disability or retirement. Performance-based RSUs cover a three-year period from February 2, 2026 to January 28, 2029, with payouts based on EPS CAGR and relative Total Shareholder Return; at target, Hoff can receive 17,828 shares and Armstrong 5,075, with maximum opportunities of 35,656 and 10,149 shares, respectively.
Hooker Furnishings reported a small profit in fiscal 2026 Q4 but a sizeable full-year loss as it reshaped the business. Fourth quarter net sales were $66.98 million, down 20.5% year-over-year, yet net income reached $0.54 million as continuing operations generated $0.63 million in operating income.
For the full fiscal year, net sales were $278.14 million, down 12.4%, and the company posted a net loss of $26.97 million. The loss was driven by $15.58 million in goodwill and tradename impairment charges in continuing operations and a $14.19 million net loss from discontinued operations related to Pulaski Furniture and Samuel Lawrence Furniture, which were divested.
Hooker reduced fixed costs by about $26.3 million, improved gross margin by 180 basis points, and lowered SG&A by $11.9 million. Hooker Branded returned to profitability with $1.93 million in operating income, while Domestic Upholstery remained loss-making but showed margin gains and smaller operating losses. Debt was cut sharply, inventory fell by $17.5 million, and the company ended the year with $1.1 million in cash and $62.8 million in available borrowing capacity, increasing to about $12 million cash and $64.1 million available capacity by mid-April.
The board authorized a $5 million share repurchase program beginning in fiscal 2027 and reset the annual dividend to $0.46 per share. Management highlighted early strength in the new Margaritaville line and expects significantly improved earnings in fiscal 2027, while acknowledging continued weakness in housing and home furnishings demand.
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.
Hooker Furnishings Corporation entered into a First Amendment to its Cooperation Agreement with Global Value Investment Corporation and affiliates. The amendment extends the joint process to find a mutually agreeable independent director with relevant industry experience. The deadline for completing this new director search is now February 28, 2027, giving both parties more time to narrow and select from the candidate list.
Hooker Furnishings Corporation has completed the sale of its Pulaski Furniture (PFC) and Samuel Lawrence (SLF) casegoods brands, along with related specified assets and liabilities, to Magnussen Home Furnishings, Inc. under a previously signed asset purchase agreement. At closing, the company received approximately $5.5 million in cash, reflecting the estimated net book value of the transferred assets minus a holdback of about $611,000, which may be paid to the company after a 210-day holdback period, subject to potential indemnification claims. The total purchase price will be adjusted within 90 days after closing based on the final net book value calculation. Hooker Furnishings retained its Samuel Lawrence Hospitality (SLH) product line and received an exclusive, worldwide, royalty-free, fully paid license to continue using the “Samuel Lawrence Hospitality” name, while Magnussen agreed not to participate in the hospitality business in certain territories for three years. The company will report the SLH product line in its “All other” segment and has provided unaudited pro forma financial information reflecting this transaction.
Hooker Furnishings Corporation filed a current report to make its latest financial results publicly available. The company states that it issued a press release on December 11, 2025, and has attached that release as an exhibit so readers can review its most recent operating and financial information.
Hooker Furnishings (HOFT) filed an 8-K under Regulation FD noting a response to Global Value Investment Corporation’s amended Schedule 13D. The Company said it is making progress on its turnaround and remains open to shareholder engagement. It added that a subset of the board—comprising all three committee chairs—offered to meet in person with GVIC the day before GVIC’s letter, and that it intends to continue engaging with GVIC as part of its normal dialogue with shareholders.
Hooker Furnishings Corporation disclosed that it terminated Anne J. Smith from her role as Chief Administration Officer on October 1, 2025, with her employment ending effective October 31, 2025. She will receive severance benefits in line with the “without cause” termination provisions previously described in the company’s May 3, 2025 proxy statement.
CEO Jeremy R. Hoff linked this change to a broader cost savings initiative aimed at reducing fixed costs by $25 million or 25%. He said these cost-reduction and growth initiatives are intended to help the company stay resilient in a challenging environment and be positioned to capture growth when demand returns. The company also noted Smith’s 17-year tenure and indicated she plans to retire following her departure.
Hooker Furnishings Corporation filed a current report to note that it released a press release covering its results of operations and financial condition. The company stated that the press release, dated September 11, 2025, is attached as Exhibit 99.1 and is incorporated by reference, meaning the detailed financial and operating results are contained in that separate document rather than in this report.
Hooker Furnishings Corporation filed a current report on Form 8-K to record an "Other Events" item. The company states that on September 9, 2025, it issued a press release, which is attached as Exhibit 99.1 and incorporated by reference into this report.