Hooker Furniture: Fiscal Q2 Earnings Snapshot
3 Articles
3 Articles
Hooker Furnishings looks to reduce costs as Q2 losses widen
Hooker Furnishings, one of the largest publicly traded furniture companies in the US, has reported a decline in second quarter and half year sales. According to its latest trading update for fiscal 2026 second quarter ended 3 August 2025, total net sales declined 13.5% to $82.1m from $95m in 2024. Half year sales were also down by 11.2% to $167.4m from $188.6m. Pre-tax losses resulted at $4.4m, widening from a loss of $1.8m in Q2, while half yea…
Economic challenges weigh on Hooker Furnishings Q2, first-half results - Home News Now
Q2 sales decline 13.6% for the quarter ended Aug. 3, while company’s net loss rises to $3.3 million MARTINSVILLE, Va. — Full line furniture resource Hooker Furnishings reported a drop in second quarter sales, amid a still challenging market for home furnishings resulting from tariffs and high interest rates. For the quarter ended Aug. 3, the company reported net sales of $82.2 million, down 13.6% from $95.1 million the same period last year. It …
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