Hooker Furniture reports Q4 EPS (22c) vs. 6c last year

Reports Q4 revenue $104.5M vs. $96.8M last year. Expects FY26 cost savings, net of associated transition costs, of $0.8M-$1.0M from the Savannah warehouse exit and annualized cost savings from this exit of $4.0M-$5.7M beginning in FY27. In addition to the $10M in annualized cost savings announced in FY25, the company also is announcing the implementation of expected additional annualized cost savings of $8M-$10M, including the Savanah exit, with completion of its plans currently anticipated by the second half of FY26.