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Feb 02, 2025
Hooker Furnishings Q4 2025 Earnings Report
Hooker Furnishings reported a Q4 net loss despite increased revenue, driven by strong segment gains and a 14-week quarter.
Key Takeaways
Hooker Furnishings saw an 8% rise in Q4 revenue to $104.5M due to an additional week and segment growth. However, the company posted a $2.3M net loss as operating expenses and one-time charges impacted profitability.
Q4 revenue rose to $104.5M, helped by an extra week of operations.
Home Meridian and Hooker Branded segments posted double-digit sales growth.
Reported a net loss of $2.3M, impacted by $3.1M in one-time charges.
Announced $18–$20M in expected annualized cost savings by FY27.
Revenue by Segment
Forward Guidance
The company anticipates operational improvements from planned cost reductions and logistics efficiencies, though macroeconomic headwinds persist.
Positive Outlook
- Planned exit of Savannah warehouse to yield $4M–$5.7M annual savings by FY27.
- New Vietnam warehouse expected to streamline supply chain and reduce domestic inventory.
- Total cost savings initiatives to generate $18M–$20M in annualized savings by FY27.
- Improved in-stock position and merchandising strategies driving market share gains.
- Refinancing of credit facility increased borrowing flexibility.
Challenges Ahead
- Ongoing weakness in the housing market impacting demand.
- Low consumer confidence affecting discretionary spending.
- Tariff uncertainty presents supply chain and cost challenges.
- Year-end backlog fell 22% year-over-year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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