Hooker Furnishings Corp: Financial Overview and Market Position

Hooker Furnishings Corp, a prominent player in the Consumer Discretionary sector, specializes in the manufacturing and importing of residential furniture. The company primarily targets the upper-medium price range, offering a diverse range of products including home office furniture, entertainment centers, imported occasional furniture, and bedroom and wall systems. Hooker Furnishings Corp distributes its products through various retailers, catalog merchandisers, and both national and regional chain stores.

As of June 5, 2025, Hooker Furnishings Corp’s stock closed at $11 on the Nasdaq. The company’s market capitalization stands at $114.3 million. Over the past year, the stock has experienced significant volatility, reaching a 52-week high of $19.79 on November 24, 2024, and a 52-week low of $7.34 on April 16, 2025.

The company’s financial metrics indicate a challenging period, with a Price Earnings (P/E) ratio of -9.11. This negative P/E ratio suggests that the company is currently not generating profits, which may be a concern for investors.

Despite these financial challenges, Hooker Furnishings Corp continues to maintain its position in the Household Durables industry by focusing on its core product offerings and distribution channels. The company’s strategy involves catering to a specific market segment that values quality and design in residential furniture.

As Hooker Furnishings Corp navigates the current market conditions, stakeholders will be closely monitoring its efforts to improve profitability and stabilize its stock performance. The company’s ability to adapt to market demands and enhance operational efficiency will be crucial in determining its future success in the competitive landscape of household durables.