
Tony Dante
Financial Modeling Prep
- Significant earnings miss: HOFT reported an EPS of -$0.31, a negative surprise of 158.33% against the estimated EPS of -$0.12.
- Revenue shortfall: The company's revenue was $82.15 million, missing estimates by 9.89% and indicating a decline from the previous year.
- Mixed financial health indicators: Despite a strong current ratio of 3.94, HOFT shows challenges with a negative P/E ratio of -8.49 and difficulties in generating positive cash flow.
Hooker Furniture Corporation, trading under the symbol NASDAQ:HOFT, is a renowned furniture manufacturer and importer. The company offers a diverse range of home furnishings, including case goods, leather furniture, and fabric-upholstered furniture. Despite its established presence in the industry, HOFT faces stiff competition from other furniture companies like La-Z-Boy and Ethan Allen.
On September 11, 2025, HOFT reported an earnings per share (EPS) of -$0.31, which was significantly below the estimated EPS of -$0.12. This represents a negative surprise of 158.33%, as highlighted by Zacks. The company's EPS has consistently fallen short of consensus estimates over the past four quarters, indicating ongoing financial challenges.
The company's revenue for the quarter was $82.15 million, missing the estimated revenue of $106.47 million by 9.89%. This is a decline from the $95.08 million reported in the same quarter the previous year. Despite this, HOFT has managed to exceed consensus revenue estimates twice in the last four quarters, showing some resilience in its revenue generation.
HOFT's financial metrics reveal further challenges. The company has a negative price-to-earnings (P/E) ratio of -8.49, indicating negative earnings. Its price-to-sales ratio is 0.25, meaning the stock is valued at 25 cents for every dollar of sales. The enterprise value to sales ratio is 0.38, providing insight into the company's valuation relative to its revenue.
The company's financial health is mixed. The enterprise value to operating cash flow ratio is -15.22, reflecting difficulties in generating positive cash flow from operations. However, HOFT has a strong current ratio of 3.94, suggesting it can cover its short-term liabilities with its short-term assets. The debt-to-equity ratio is 0.35, indicating a moderate level of debt relative to equity.