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Hooker Furniture's Board Approves an Additional $10 Million for Share Repurchases
Apr 17, 2008
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Martinsville, Va., April 17, 2008 — On April 16, 2008, Hooker Furniture's (NASDAQ-GS: HOFT) Board of Directors approved a $10 million increase in its authorization for repurchases of the Company's common stock. On December 5, 2007, the Company announced that the Board had approved the repurchase of up to $10 million of th...
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Hooker Furniture Reports Record Net Income for Fiscal 2008
Apr 2, 2008
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Martinsville, Va., April 2, 2008 – Hooker Furniture (NASDAQ-GS: HOFT) today announced record annual net income of $19.7 million, or $1.58 per share, on annual net sales of $316.8 million for its fiscal year ended February 3, 2008.
Annual net income increased $5.5 million, or 39.0%, compared to 2006 net income of ...
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Hooker Furniture Companies Commit to Long-Term Environmental Stewardship
Apr 1, 2008
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Martinsville, VA.: Hooker Furniture (NASDAQ-GS: HOFT), together with subsidiaries Sam Moore and Bradington-Young, announced today a long-range commitment to environmental stewardship through sustainable business practices. The Company is seeking EFEC (Enhancing Furniture's Environmental Culture) registration for all of its facilitie...
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Hooker Furniture to Host Earnings Call April 3
Mar 20, 2008
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MARTINSVILLE, Va., March 20, 2008-Hooker Furniture Corporation (NASDAQ-GS:HOFT) will present its 2008 fourth quarter and annual financial results via teleconference and live internet web cast on Thursday morning April 3, 2008 at 9:00 AM Eastern Time. The dial-in number for domestic callers is 877-604-9665, and 719-325-4844 is the number...
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Three Join Hooker Furniture in Operations, Merchandising, Administration
Feb 13, 2008
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February 12, 2008: Veteran sourcing, supply chain and logistics executive Sekar Sundararajan is joining Hooker Furniture (NASDAQ-GS: HOFT) in the new senior management position of Executive Vice President - Operations. In addition, two other managers have joined Hooker in the areas of merchandising and human resources. James Millner, a 20...
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Hooker Furniture Opens West Coast Distribution Center
Jan 28, 2008
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Martinsville, Va., January 28, 2008 - In a move to better serve West Coast retailers, Hooker Furniture (NASDAQ-GS: HOFT) today announced the opening of its first West Coast Distribution Center in Carson, California.
The 80,000-square-foot warehouse, which will be fully operational in early February, will stock 550 of the company'...
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Hooker completes acquisition of youth specialist Opus Designs
Dec 17, 2007
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Martinsville, Va., December 17, 2007: Hooker Furniture (NASDAQ-GS:HOFT) today announced it has completed the acquisition of the assets of Opus Designs Furniture, LLC (Opus), a specialist in moderately-priced youth bedroom furniture.
Effective today, Hooker Furniture's professional sales organization will be representing the Opus p...
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Scott Young to focus on product development at Bradington-Young
Dec 13, 2007
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Cherryville, N.C.: Beginning February 1, 2008, Scott Young will assume the new role of Senior Vice President, Merchandising and Product Development at Bradington-Young, the upscale leather and motion upholstery division of Hooker Furniture (NASDAQ-GS:HOFT).
Young's move from his current position as President and Chie...
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Hooker Furniture's Profitability Gains Continue in 2008 Third Quarter
Dec 5, 2007
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Martinsville, Va., December 5, 2007 -Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported net sales of $83.8 million and net income of $5.9 million, or $0.48 per share (which is net of $260,000, or $0.02 per share, in after-tax restructuring charges), for the quarter ended October 28, 2007.
Due to a change in Hooker Furni...
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Hooker Furniture to Host Earnings Call December 6
Nov 26, 2007
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MARTINSVILLE, Va., November 26, 2007-Hooker Furniture Corporation (NASDAQ-GS:HOFT) will present results for its third quarter of fiscal 2008, encompassing the period from July 30, 2007 to October 28, 2007, via teleconference and live internet web cast on Thursday morning December 6, 2007 at 9:00 AM Eastern Standard Time. The dia...
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Hooker Furniture Signs Letter of Intent to Purchase Youth Bedroom Specialist Opus Designs
Oct 24, 2007
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Martinsville, Va., October 24, 2007: Hooker Furniture (NASDAQ-GS: HOFT) today announced it has signed a letter of intent to purchase the assets of New York-based Opus Designs Furniture, LLC (Opus), a specialist in moderately-priced youth bedroom furniture. The transaction is expected to close some time in the fourth quarter of...
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Hooker Furniture Reports Increased Earnings for 2008 Second Quarter
Sep 5, 2007
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Martinsville, Va., September 5, 2007 -Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported net sales of $73.4 million and net income of $4.9 million, or $0.39 per share (net of $293,000, or $0.02 per share in after-tax restructuring charges), for the quarter ended July 29, 2007.
Due to a change in Hooker Furniture's fiscal y...
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Hooker Furniture to Host Earnings Call September 6
Aug 6, 2007
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MARTINSVILLE, Va., August 6, 2007--Hooker Furniture Corporation (NASDAQ-GS:HOFT) will present results for its second quarter of fiscal 2008, encompassing the period from April 30, 2007 to July 29, 2007, via teleconference and live internet web cast on Thursday morning September 6, 2007 at 9:00 AM Eastern Daylight Savings Time. The dial in numb...
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Bradington-Young Promotes Four in Operations and Sales
Jun 26, 2007
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Cherryville, N.C., June 26, 2007: Upscale upholstered leather seating specialist Bradington-Young, a subsidiary of Hooker Furniture Corporation (NASDAQ-GS:HOFT), today announced the promotion of four of its key managers.
Ben Causey, who has been with Bradington-Young for 12 years, most recently as Vice President-Finance and Administr...
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Hooker Taps Alan Cole for New Executive Position in Upholstery
Jun 18, 2007
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Martinsville, Va., June 18, 2007: Hooker Furniture Corporation (NASDAQ-GS:HOFT) today announced the appointment of industry veteran Alan D. Cole to the new position of Executive Vice President of Upholstery, in which he will oversee the operations of Hooker Furniture (HFC) subsidiaries Bradington-Young and Sam Moore Furniture.
Cole,...
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Sam Moore Furniture Appoints Sales and Merchandising Executives
Jun 18, 2007
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Bedford, Va.; June 18, 2007: Upscale custom upholstery specialist Sam Moore Furniture, a subsidiary of Hooker Furniture Corporation (NASDAQ-GS:HOFT), today announced the appointment of executives in sales and merchandising management.
Frank Richardson has been named Vice President of Sales for Sam Moore, and Erin Dooley has been name...
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Hooker Furniture Reports Reduced Sales, Earnings for 2008 First Quarter
Jun 6, 2007
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Martinsville, Va., June 6, 2007 -Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported net sales of $77.3 million and net income of $4.3 million, or $0.33 per share, for the quarter ended April 29, 2007.
Due to a change in Hooker Furniture's fiscal year, the Company's 2008 fiscal year began January 29, 2007 and will end Februar...
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Hooker Furniture to Host Investor Conference Call June 7
May 22, 2007
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MARTINSVILLE, Va.--Hooker Furniture Corporation (NASDAQ-GS:HOFT) will present its results for its first quarter of fiscal 2008, encompassing the period from January 29, 2007 to April 29, 2007, via teleconference and live internet web cast on Thursday morning June 7, 2007 at 9:00 AM Eastern Daylight Time. The dial in number for domestic ...
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Hooker Furniture Completes Purchase of Sam Moore
Apr 30, 2007
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MARTINSVILLE, Va.--(BUSINESS WIRE)--Hooker Furniture Corporation (NASDAQ-CM:HOFT) announced today that it has completed its acquisition of the assets of Bedford, Va.-based upscale occasional chair manufacturer Sam Moore Furniture from La-Z-Boy Incorporated. The Sam Moore Furniture business will operate as a wholly-owned subsidiary of Hooker. <...
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Hooker Furniture Reports Operating Results for Two-Month Transition Period of December 1, 2006 to January 28, 2007
Mar 15, 2007
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Thursday March 15, 6:16 pm ET
MARTINSVILLE, Va.--(BUSINESS WIRE)--Hooker Furniture (NASDAQ-CM: HOFT) reported net sales of $49.1 million for its two-month transition period of December 1, 2006 to January 28, 2007. The short reporting period was the result of the Company's transition from a fiscal year ending on November 30th to a fisc...
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