Hooker Furnishings to Report Q3 Earnings: What's in Store for the Stock?

Zacks12-03 00:27

Hooker Furnishings Corporation HOFT is slated to report its third-quarter fiscal 2025 (ended on Oct. 27, 2024) earnings on Dec. 5, before market open.Stay up-to-date with all quarterly releases: See ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2488544929?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/7f2vqVPj4luPaakZGXZekw--~B/aD0zODU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/da1cc2937151608132faf750d8c8c588","is_english":true,"pubTime":"2024-12-03 00:27","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2488544929","market":"us","top_or_hot":-1,"title":"Hooker Furnishings to Report Q3 Earnings: What's in Store for the Stock?","media":"Zacks","content":"<div>\n<p>Hooker Furnishings Corporation HOFT is slated to report its third-quarter fiscal 2025 (ended on Oct. 27, 2024) earnings on Dec. 5, before market open.Stay up-to-date with all quarterly releases: See ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hooker-furnishings-report-q3-earnings-162700620.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hooker Furnishings to Report Q3 Earnings: What's in Store for the Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHooker Furnishings to Report Q3 Earnings: What's in Store for the Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-03 00:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hooker-furnishings-report-q3-earnings-162700620.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hooker Furnishings Corporation HOFT is slated to report its third-quarter fiscal 2025 (ended on Oct. 27, 2024) earnings on Dec. 5, before market open.Stay up-to-date with all quarterly releases: See ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hooker-furnishings-report-q3-earnings-162700620.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CUK","symbol_name":"嘉年华存托凭证","start_time":0,"source_url":"https://finance.yahoo.com/news/hooker-furnishings-report-q3-earnings-162700620.html","article_id":"2488544929","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/7f2vqVPj4luPaakZGXZekw--~B/aD0zODU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/da1cc2937151608132faf750d8c8c588"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488544929","pubTimestamp":1733156820,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Hooker Furnishings Corporation HOFT is slated to report its third-quarter fiscal 2025  earnings on Dec. 5, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 46.2% and decreased by more than 370% year over year. Net sales topped the consensus mark by 1.7% but declined 2.8% from the prior-year’s level.HOFT has missed the consensus mark in three of the trailing four quarters and beat once, with an average negative surprise of 284%.The Zacks Consensus Estimate for HOFT’s fiscal third-quarter earnings per share  has declined to 2 cents from 9 cents over the past 60 days. The estimated figure indicates a 96.9% decline from the year-ago EPS of 65 cents.Hooker Furnishings Corp. price-eps-surprise | Hooker Furnishings Corp. Quote. The consensus mark for net sales is pegged at $99.9 million, suggesting a year-over-year decline of 14.5%.Here is a stock from the Zac","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CUK":"嘉年华存托凭证","CCL":"嘉年华邮轮"},"translate_title":"Hooker Furnishings将报告第三季度收益：该股的前景如何？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCL":0.9,"CUK":0.9},"content_text":"Hooker Furnishings Corporation HOFT is slated to report its third-quarter fiscal 2025 (ended on Oct. 27, 2024) earnings on Dec. 5, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 46.2% and decreased by more than 370% year over year. Net sales topped the consensus mark by 1.7% but declined 2.8% from the prior-year’s level.HOFT has missed the consensus mark in three of the trailing four quarters and beat once, with an average negative surprise of 284%.\nTrend in Estimate Revision\nThe Zacks Consensus Estimate for HOFT’s fiscal third-quarter earnings per share (EPS) has declined to 2 cents from 9 cents over the past 60 days. The estimated figure indicates a 96.9% decline from the year-ago EPS of 65 cents.\n\nHooker Furnishings Corp. Price and EPS Surprise\n\nHooker Furnishings Corp. price-eps-surprise | Hooker Furnishings Corp. Quote\n\nThe consensus mark for net sales is pegged at $99.9 million, suggesting a year-over-year decline of 14.5%.\nFactors Influencing HOFT’s Performance\nHOFT’s fiscal third-quarter results are expected to have been hurt significantly due to weak demand trends, higher product and under-absorbed indirect costs. Sluggish demand for home furnishings space is mainly attributable to high interest rates, subdued housing activity and other macroeconomic uncertainties.The top line is likely to have reflected the soft performance of its Hooker Branded and Domestic Upholstery segments. Also, absence of the Accentrics Home product line, which accounted for approximately 35% of the consolidated sales in fiscal 2024, is likely to have pushed down the sales of the Home Meridian segment.Nevertheless, the company’s strategic investments in sales channels, people, systems and products are likely to have partially aided its performance. Hooker Furnishings emphasizes strengthening its balance sheet and variable cost business model to navigate the current economic volatility until consumer confidence improves and demand normalizes.With strategic inventory management, reasonable capital expenditures and careful expense management, Hooker Furnishings will be able to manage its financial position and foster its growth in the upcoming period.\nWhat Our Quantitative Model Predicts for HOFT\nOur proven model does not conclusively predict an earnings beat for Hooker Furnishings this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here, as you will see below.Earnings ESP: The company has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: HOFT currently carries a Zacks Rank #5 (Strong Sell).\nStock Poised to Beat on Earnings\nHere is a stock from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these have the right combination of elements to post an earnings beat.Carnival Corporation & plc CCL currently sports a Zacks Rank #1 and has an Earnings ESP of +17.45%.CCL’s earnings topped the consensus mark in the last four quarters, the average being 318.1%. Earnings for the to-be-reported quarter are expected to rise 200% year over year.\nKey Picks\nFlexsteel Industries, Inc. FLXS currently sports a Zacks Rank of 1. It has a trailing four-quarter earnings surprise of 12.7%, on average. You can see the complete list of today’s Zacks Rank #1 stocks here.The Zacks Consensus Estimate for FLXS’ fiscal 2025 sales and EPS indicates an increase of 4.9% and 54%, respectively, from the year-ago levels.La-Z-Boy Incorporated LZB currently carries a Zacks Rank of 2. It has a trailing four-quarter earnings surprise of 9.6%, on average.The Zacks Consensus Estimate for LZB’s fiscal 2025 sales and EPS indicates an increase of 2.4% and 0.3%, respectively, from the year-ago levels.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCarnival Corporation (CCL) : Free Stock Analysis Report\nFlexsteel Industries, Inc. (FLXS) : Free Stock Analysis Report\nLa-Z-Boy Incorporated (LZB) : Free Stock Analysis Report\nHooker Furnishings Corp. (HOFT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488544929"}