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Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q4 FY25

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Hooker Furniture (NASDAQ: HOFT) reported Q4 FY25 results with revenue of $104.5M, representing a 7.9% year-over-year increase from $96.8M, slightly exceeding consensus estimates. Despite challenging macroeconomic conditions, the company achieved a consolidated gross profit margin of 23.3%, marking a 30 basis points increase quarter-over-quarter.

However, the company posted an operating loss of ($2.7M) and adjusted EPS of ($0.22), falling below analyst expectations. HOFT has successfully reduced fixed costs by 10% (approximately $10.0M) and targets an additional $10.0M in cost savings through the Savannah warehouse exit and other initiatives, with full realization expected by FY27. The company also reduced debt levels from $76.3M to $70.3M over FY25.

Hooker Furniture (NASDAQ: HOFT) ha riportato i risultati del quarto trimestre dell'anno fiscale 2025 con un fatturato di 104,5 milioni di dollari, segnando un aumento del 7,9% rispetto ai 96,8 milioni dell'anno precedente, superando leggermente le stime degli analisti. Nonostante un contesto macroeconomico sfidante, l'azienda ha raggiunto un margine lordo consolidato del 23,3%, con un incremento di 30 punti base rispetto al trimestre precedente.

Tuttavia, la società ha registrato una perdita operativa di (2,7 milioni di dollari) e un utile per azione rettificato di (0,22 dollari), inferiori alle aspettative degli analisti. HOFT ha ridotto con successo i costi fissi del 10% (circa 10 milioni di dollari) e punta a ulteriori risparmi per 10 milioni di dollari attraverso la chiusura del magazzino di Savannah e altre iniziative, con piena realizzazione prevista entro l'anno fiscale 2027. Inoltre, l'azienda ha ridotto il debito da 76,3 milioni a 70,3 milioni di dollari nel corso del FY25.

Hooker Furniture (NASDAQ: HOFT) reportó resultados del cuarto trimestre del año fiscal 2025 con ingresos de 104,5 millones de dólares, lo que representa un aumento interanual del 7,9% desde 96,8 millones, superando ligeramente las estimaciones del consenso. A pesar de un entorno macroeconómico desafiante, la compañía logró un margen bruto consolidado del 23,3%, con un incremento de 30 puntos básicos respecto al trimestre anterior.

No obstante, la empresa registró una pérdida operativa de (2,7 millones de dólares) y un BPA ajustado de (0,22 dólares), por debajo de las expectativas de los analistas. HOFT ha logrado reducir los costos fijos en un 10% (aproximadamente 10 millones de dólares) y apunta a ahorros adicionales de 10 millones de dólares mediante el cierre del almacén de Savannah y otras iniciativas, con plena realización esperada para el año fiscal 2027. La compañía también redujo su nivel de deuda de 76,3 millones a 70,3 millones durante el FY25.

Hooker Furniture (NASDAQ: HOFT)는 2025 회계연도 4분기 실적을 발표하며 매출액 1억 450만 달러를 기록, 전년 동기 9,680만 달러 대비 7.9% 증가해 시장 예상치를 소폭 상회했습니다. 어려운 거시경제 환경에도 불구하고 회사는 23.3%의 통합 총이익률을 달성했으며, 전분기 대비 30 베이시스 포인트 상승했습니다.

하지만 영업손실 (270만 달러)과 조정 주당순손실 (0.22달러)를 기록해 애널리스트 기대치에는 미치지 못했습니다. HOFT는 고정비를 10% (약 1,000만 달러) 감축했으며, 새배너 물류창고 폐쇄 및 기타 이니셔티브를 통해 추가 1,000만 달러 비용 절감을 목표로 하고 있으며, 2027 회계연도까지 완전 실현할 계획입니다. 또한 부채는 7,630만 달러에서 7,030만 달러로 감소했습니다.

Hooker Furniture (NASDAQ : HOFT) a publié ses résultats du quatrième trimestre de l’exercice 2025 avec un chiffre d’affaires de 104,5 millions de dollars, soit une augmentation de 7,9 % par rapport aux 96,8 millions de dollars de l’année précédente, dépassant légèrement les estimations consensuelles. Malgré un contexte macroéconomique difficile, l’entreprise a atteint une marge brute consolidée de 23,3 %, soit une hausse de 30 points de base par rapport au trimestre précédent.

Cependant, la société a enregistré une perte d’exploitation de (2,7 millions de dollars) et un bénéfice par action ajusté de (0,22 dollar), en dessous des attentes des analystes. HOFT a réussi à réduire ses coûts fixes de 10 % (environ 10 millions de dollars) et vise des économies supplémentaires de 10 millions de dollars grâce à la fermeture de l’entrepôt de Savannah et à d’autres initiatives, avec une pleine réalisation attendue d’ici l’exercice 2027. L’entreprise a également réduit sa dette de 76,3 millions à 70,3 millions de dollars au cours de l’exercice 2025.

Hooker Furniture (NASDAQ: HOFT) meldete die Ergebnisse für das vierte Quartal des Geschäftsjahres 2025 mit einem Umsatz von 104,5 Mio. USD, was einem Anstieg von 7,9 % gegenüber 96,8 Mio. USD im Vorjahreszeitraum entspricht und die Konsensschätzungen leicht übertraf. Trotz herausfordernder makroökonomischer Bedingungen erzielte das Unternehmen eine konsolidierte Bruttogewinnmarge von 23,3 %, was eine Steigerung um 30 Basispunkte gegenüber dem Vorquartal bedeutet.

Das Unternehmen verzeichnete jedoch einen operativen Verlust von (2,7 Mio. USD) und ein bereinigtes Ergebnis je Aktie von (0,22 USD), was unter den Erwartungen der Analysten lag. HOFT hat die Fixkosten erfolgreich um 10 % (ca. 10 Mio. USD) gesenkt und strebt weitere Kosteneinsparungen von 10 Mio. USD durch die Schließung des Lagers in Savannah und andere Maßnahmen an, die bis zum Geschäftsjahr 2027 vollständig realisiert werden sollen. Zudem wurde die Verschuldung von 76,3 Mio. USD auf 70,3 Mio. USD im Geschäftsjahr 2025 reduziert.

Positive
  • Revenue increased 7.9% year-over-year to $104.5M
  • Gross profit margin improved by 30 basis points to 23.3%
  • Successfully achieved $10M fixed cost reduction target
  • Reduced debt levels by $6M in FY25
Negative
  • Operating loss of $2.7M vs expected operating income
  • Negative adjusted EPS of ($0.22), missing analyst estimates
  • Challenging macroeconomic and furniture retail environment

Dallas, Texas--(Newsfile Corp. - April 21, 2025) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). HOFT reported revenue, operating income, and adj EPS of $104.5M, ($2.7)M, and ($0.22), respectively. This compares to our/consensus estimates of $101.6M/$101.2M, $3.5M/$2.6M, and $0.21/$0.16. It is noted that revenues were slightly above consensus estimates and posted a 7.9% y/y gain. The gain was primarily attributed to the increased operating days in 4Q25 compared to 4Q24. Despite the macro headwinds, HOFT reported consolidated GPM of 23.3%, an increase of 30bps q/q. The macroeconomic and furniture retail environment remains challenging, with varying interest rates, maintained housing shortage, and elevated home prices contributing to a prolonged downturn. Despite this, the company is focusing on controllable factors to position itself for future growth. As HOFT looks through the current market turbulence it has reached the goal of reducing fixed costs by 10%, or approximately $10.0M. Additionally, the Company has targeted an additional $10.0M in cost savings through the Savannah warehouse exit and additional initiatives. Full realization of these savings are expected by FY27.

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

Key Takeaways:

  • Net sales for the quarter were $104.5M compared to $96.8M in the prior year quarter, an increase of 8%.
  • HOFT reported consolidated GPM of 23.3%, an increase of 30bps q/q.
  • Over FY25 the Company reduced debt levels from $76.3M to $70.3M.

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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 services 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/249166

FAQ

What were Hooker Furniture's (HOFT) Q4 FY25 revenue and earnings results?

HOFT reported Q4 FY25 revenue of $104.5M (up 7.9% YoY), operating loss of $2.7M, and adjusted EPS of ($0.22), with revenue exceeding consensus estimates but earnings falling below expectations.

How much cost reduction has HOFT achieved and what are their future savings targets?

HOFT has achieved its goal of reducing fixed costs by 10% ($10.0M) and targets an additional $10.0M in savings through the Savannah warehouse exit and other initiatives, with full realization expected by FY27.

What was Hooker Furniture's (HOFT) gross profit margin in Q4 FY25?

HOFT reported a consolidated gross profit margin of 23.3%, representing a 30 basis points increase quarter-over-quarter.

How much did HOFT reduce its debt in FY25?

HOFT reduced its debt levels from $76.3M to $70.3M during FY25.
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