Hooker Furniture reports Q4 EPS 5c vs. (22c) last year

Reports Q4 revenue $67M vs. $84.23M last year. “We are encouraged to report net income of $536,000 for the quarter,” said Jeremy Hoff, CEO. “Fiscal 2026 was incredibly transformative as we successfully navigated significant, disruptive tariffs on our imports, opened a successful fulfillment warehouse in Asia and exited two unprofitable divisions, all while reducing fixed costs by about $26.3 million, or 25%, of which approximately $17.5 million in fixed cost savings is related to the continuing operations. At the same time, we delivered slight market share growth, with strength in key businesses offsetting isolated softness, and launched our Margaritaville line, which is delivering on our expectation to be the most impactful product launch in company history.”