OverviewSuggest Edit

Hooker Furniture is a home furnishings marketing, design, and logistics company. It designs, manufactures, imports, and markets residential household furniture products. It operates through four segments: Hooker Casegoods, Upholstery, Home Meridian, and All Other. The Hooker Casegoods segment offers a range of design categories, including home entertainment, home office, accent, dining, and bedroom furniture; the Upholstery segment provides residential offerings, including motion and stationary leather furniture; The Home Meridian segment offers a range of bedroom, dining room, home office and youth furnishings, accent, and display cabinets; the All Other segment supplies upholstered seating and case goods.

TypePublic
Founded1924
HQMartinsville, VA, US
Websitehookerfurniture.com
Employee Ratings4
Overall CultureA-

Latest Updates

Employees (est.) (Feb 2020)1,251
Job Openings27
Revenue (FY, 2021)$540.1 M(-11%)
Share Price (Jul 2021)$33.7(-3%)
Cybersecurity ratingBMore

Hooker Furniture Office Locations

Hooker Furniture has an office in Martinsville
Martinsville, VA, US (HQ)
440 Commonwealth Blvd E
Martinsville, VA, US
Martinsville, VA 24115, USA
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Hooker Furniture Financials and Metrics

Hooker Furniture Revenue

Hooker Furniture's revenue was reported to be $540.08 m in FY, 2021
USD

Revenue (Q1, 2022)

162.9m

Gross profit (Q1, 2022)

33.6m

Gross profit margin (Q1, 2022), %

20.6%

Net income (Q1, 2022)

9.4m

EBIT (Q1, 2022)

12.2m

Market capitalization (22-Jul-2021)

400.9m

Closing stock price (22-Jul-2021)

33.7

Cash (2-May-2021)

61.6m

EV

373.6m
Hooker Furniture's current market capitalization is $400.9 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

577.2m620.6m683.5m610.8m540.1m

Revenue growth, %

134%8%10%

Cost of goods sold

451.1m485.8m536.5m

Gross profit

126.1m134.8m147.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Cash

39.8m30.9m11.4m36.0m65.8m

Accounts Receivable

92.6m92.5m112.6m87.7m83.3m

Prepaid Expenses

4.7m4.4m

Inventories

75.3m84.5m105.2m92.8m70.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

32.4m39.1m43.1m53.8m45.8m32.4m46.6m29.2m29.4m28.3m13.3m24.5m51.2m82.2m93.9m61.6m

Accounts Receivable

61.8m67.4m74.2m69.5m75.4m79.9m74.8m83.6m87.0m78.2m86.3m92.6m63.9m67.1m75.3m91.3m

Prepaid Expenses

5.5m6.3m4.5m6.2m

Inventories

77.7m76.9m74.7m79.4m82.0m83.6m84.2m98.5m100.7m110.8m113.6m103.6m82.1m67.7m64.1m81.5m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

25.3m28.3m39.9m17.1m(10.4m)

Depreciation and Amortization

8.0m6.6m7.4m7.1m6.8m

Inventories

6.0m(6.8m)(21.3m)12.4m22.7m

Accounts Payable

4.7m(4.6m)8.1m(15.3m)6.7m
USDQ1, 2017

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Hooker Furniture Operating Metrics

FY, 2017FY, 2018FY, 2019

Order Backlog

$104.56 m$106.28 m$103.96 m

Order Backlog (Hooker Branded)

$15.19 m$11.26 m

Order Backlog (Home Meridian)

$82.84 m$76.56 m$79.02 m

Order Backlog (All Other)

$952 k$14.53 m$13.68 m
Show all operating metrics

Hooker Furniture Acquisitions / Subsidiaries

Company NameDateDeal Size
Shenandoah FurnitureSeptember 07, 2017$40 m
Home Meridian InternationalFebruary 02, 2016$100 m
Sam Moore FurnitureApril 30, 2007
Bradington-YoungJanuary 03, 2003

Hooker Furniture Revenue Breakdown

Embed Graph

Hooker Furniture revenue breakdown by business segment: 26.1% from Hooker Branded, 17.1% from All Other and 56.7% from Home Meridian

Hooker Furniture Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Hooker Furniture Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Hooker Furniture Online and Social Media Presence

Embed Graph

Hooker Furniture Company Culture

  • Overall Culture

    A-

    76/100

  • CEO Rating

    C+

    67/100

  • Compensation

    A-

    80/100

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Hooker Furniture News and Updates

Hooker Furniture Corporation Exceeds Pre-Pandemic Growth Pace With Sales, Profitability Gains and Brisk Demand in First Quarter

MARTINSVILLE, Va., June 04, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $162.9 million for its fiscal 2022 first quarter ended May 2, 2021, a $58.3 million, or 56%, increase compared to the year-ago period.

Hooker Furniture to Host First Quarter Earnings Call June 4th

MARTINSVILLE, Va., May 14, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (Nasdaq-GS: HOFT) will present its fiscal 2022 first quarter financial results via teleconference and live internet web cast on Friday morning, June 4, 2021 at 9:00 AM Eastern Time. The dial-in number for domestic cal…

Hooker Furniture Reports Fourth Quarter Profitability Improvements, Continued Strong Demand and Increased Backlogs

MARTINSVILLE, Va., April 14, 2021 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales for the fiscal 2021 fourth quarter of $155.3 million, with net income of $8.5 million, a $1.5 million or 22% increase compared to net income in the fourth quar…

Maria Duey Joins Hooker Furniture Corp. Board of Directors

MARTINSVILLE, Va., March 11, 2021 (GLOBE NEWSWIRE) -- Maria Duey, a senior financial executive with over 20 years of experience in mergers and acquisitions and investor relations at publicly-traded global manufacturing companies, has joined the Board of Directors of Hooker Furniture Corporation (N…

Hooker Furniture Corporation Reports Robust Profitability in Third Quarter

MARTINSVILLE, Va., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $149.7 million and net income of $10 million, or $0.84 per diluted share, for its fiscal 2021 third quarter ended November 1, 2020.

Hooker Furniture Corporations Home Meridian International to Open Distribution Facility in Liberty County

ATLANTA – October 14, 2020  –Governor Brian P. Kemp today announced that Home Meridian International (HMI), a division of Hooker Furniture Corporation, will open a new distribution facility in Liberty County’s Georgia Ready for Accelerated Development (GRAD) certified Tradeport East Business Center.…
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Hooker Furniture Blogs

Sanctuary Collection: Home’s Little Black Dress

When the Sanctuary Collection was first created 10 years ago, it was with the mission to help women create a place of refuge and romance, serenity and style — yes, a sanctuary — within their homes.  Now the groundbreaking collection is being expanded with 100 new pieces that “allow you to put togeth…

How to Give a Stylish Surprise Party for Mom

Dad and kids, it’s time to turn the table on mom! Surprise her with a stylish party during the month we celebrate Mother’s Day. Make the party all about her and the things she loves most– family, fun and a home filled with beautiful style. For a fast-fix centerpiece filled with charm, go old school …

Soft Modern Hip-Haute Style

This Easter and beyond, embrace the tradition of the day in a new way with an elegant, yet soft modern approach to brunch, lunch or dinner. Decor that mixes simple, clean lines with a variety of materials and textures, along with inviting, warm finishes is how to create hip-haute, soft modern style.…

Spring Fling: Nature-Inspired Decor

Spring is on our doorstep. Time to break out of that winter rut and make a fresh start, both inside and out. With design’s new take on nature-inspired furniture, your home can blossom with style in light, airy ways that’ll also inspire you to step outside and enjoy all that Spring brings once the de…

How to Make Every Night Date Night at Home

True romantics are all about getting to the heart of the matter. But traffic jams, pricey movie tickets and long restaurant waits ca take their toll on even the most ardent Cupid. But it doesn’t have to be that way. If you’re ready to woo in a way that’s new, show your home some love […]

Liven Your Home with Lavish Living Coral

Pantone’s Color of the Year for 2019, “Living Coral,” reflects our desire for vitality, community and care for the natural world we depend on. Modern, upbeat and fearless, coral is a classic that’s been creating a hospitable mood since the Renaissance. So if you love it, use it lavishly to liven you…
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Hooker Furniture Frequently Asked Questions

  • When was Hooker Furniture founded?

    Hooker Furniture was founded in 1924.

  • How many employees does Hooker Furniture have?

    Hooker Furniture has 1,251 employees.

  • What is Hooker Furniture revenue?

    Latest Hooker Furniture annual revenue is $540.1 m.

  • What is Hooker Furniture revenue per employee?

    Latest Hooker Furniture revenue per employee is $431.7 k.

  • Who are Hooker Furniture competitors?

    Competitors of Hooker Furniture include Bassett Furniture, Ethan Allen Interiors and Mohawk Industries.

  • Where is Hooker Furniture headquarters?

    Hooker Furniture headquarters is located at 440 Commonwealth Blvd E, Martinsville.

  • Where are Hooker Furniture offices?

    Hooker Furniture has an office in Martinsville.

  • How many offices does Hooker Furniture have?

    Hooker Furniture has 2 offices.