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Stonegate Initiates Coverage on Hooker Furniture Corporation (HOFT)

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Stonegate Capital Partners initiates coverage on Hooker Furniture Corporation (NASDAQ: HOFT). Balanced inventory levels and a strong dividend yield of 4.7% are positive factors. The new acquisition of BOBO Intriguing Objects provides growth opportunities.
Positive
  • Balanced inventory levels
  • Strong dividend yield of 4.7%
  • New acquisition of BOBO Intriguing Objects
Negative
  • None.

Dallas, Texas--(Newsfile Corp. - September 13, 2023) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners initiates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT).

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Inventory levels have been balanced
  • Strong dividend yield of 4.7%
  • New acquisition of BOBO Intriguing Objects

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/180415_figure1_550.jpg

Click image above to view full announcement.


About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/180415

Hooker Furnishings Corporation

NASDAQ:HOFT

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191.61M
10.50M
1.99%
75.75%
1.51%
Furnishings, Fixtures & Appliances
Household Furniture
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United States of America
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