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Enters Cooperation Agreement with GVIC Announces Retirement of Board Chair Chris Beeler at 2026 Annual Meeting Following 33 Years of Service to Hooker MARTINSVILLE, Va., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today announced it has entered into a cooperation agreement (the "Agreement") with Global Value Investment Corporation ("GVIC") under which GVIC and the Company will work together in good faith to identify a mutually agreeable independent director with industry expertise within 45 days of signing the Agreement. Once the agreed upon director is identified and properly vetted,
MARTINSVILLE, Va., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today announced it has completed the sale of the Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, subject to certain final customary post-closing adjustments. "Completing this transaction marks a significant milestone in our journey toward enhanced profitability, and we are pleased to complete the transaction at a higher price than initially estimated," said Jeremy Hoff, CEO of Hooker Furnishings. "We are moving ahead with positive momentum
Strategic divestiture allows focus on core brands, growth initiatives & profitability Announces new shareholder return program to include share repurchases and recalibrated dividend MARTINSVILLE, Va., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today reported operating results for its fiscal 2026 third quarter ended November 2, 2025. As previously disclosed on December 1, 2025, the Company announced a strategic divestiture of value-priced home furnishings brands Pulaski Furniture (PFC) and Samuel Lawrence Furniture (SLF), within the Home Meridian (HMI) segment. These bra
8-K - HOOKER FURNISHINGS Corp (0001077688) (Filer)
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4 - HOOKER FURNISHINGS Corp (0001077688) (Issuer)
4 - HOOKER FURNISHINGS Corp (0001077688) (Issuer)
4 - HOOKER FURNISHINGS Corp (0001077688) (Issuer)
Enters Cooperation Agreement with GVIC Announces Retirement of Board Chair Chris Beeler at 2026 Annual Meeting Following 33 Years of Service to Hooker MARTINSVILLE, Va., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today announced it has entered into a cooperation agreement (the "Agreement") with Global Value Investment Corporation ("GVIC") under which GVIC and the Company will work together in good faith to identify a mutually agreeable independent director with industry expertise within 45 days of signing the Agreement. Once the agreed upon director is identified and properly vetted,
MARTINSVILLE, Va., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) announced that on December 2, 2020, its board of directors declared a quarterly cash dividend of $0.18 per share, payable on December 31, 2020 to shareholders of record at December 16, 2020. This represents a 12.5% increase over the previous quarterly dividend and the fifth consecutive annual dividend increase. Hooker Furniture Corporation, in its 97th year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather-and fabric-upholstered furniture for the residential, hospitality and contract markets. The Company also domestically manufactures premi
Strategic divestiture allows focus on core brands, growth initiatives & profitability Announces new shareholder return program to include share repurchases and recalibrated dividend MARTINSVILLE, Va., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today reported operating results for its fiscal 2026 third quarter ended November 2, 2025. As previously disclosed on December 1, 2025, the Company announced a strategic divestiture of value-priced home furnishings brands Pulaski Furniture (PFC) and Samuel Lawrence Furniture (SLF), within the Home Meridian (HMI) segment. These bra
MARTINSVILLE, Va., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today announced it has entered into a definitive agreement to sell its Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. ("Magnussen"). Pursuant to the terms of the asset purchase agreement, an estimated purchase price will be determined and paid at closing based upon the net book value of the assets being sold in the transaction. As of November 2, 2025, the Company's fiscal third quarter-end, the currently estimated purchase price is approximately $4.8 million subject to fi
MARTINSVILLE, Va., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) ("Hooker" or the "Company"), a global leader in home furnishings, today reported operating results for its fiscal 2026 second quarter ended August 3, 2025. Executive Commentary "Hooker Furnishings is taking decisive steps to return the business to profitability. Our cost-reduction initiatives and focus on growth initiatives have positioned the Company to maintain resilience in today's challenging environment, and to strategically capture growth when demand returns," said Jeremy Hoff, Chief Executive Officer. "Hooker Branded broke even in the quarter despite weak demand and $655,000 in
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