HOOKER FURNISHINGS Corp (HOFT) Financial Statements (2026 and earlier)

Company Profile

Business Address 440 E COMMONWEALTH BLVD
MARTINSVILLE, VA 24115
State of Incorp. VA
Fiscal Year End January 31
Industry (SIC) 251 - Household Furniture (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

10/31/2025
MRQ
1/31/2025
1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,29543,15919,00269,36665,84136,031
Cash and cash equivalent6,29543,15919,00269,36665,84136,031
Receivables58,71954,29465,20878,08883,29088,404
Inventory, net of allowances, customer advances and progress billings70,75561,81596,67575,02370,15992,813
Inventory70,75561,81596,67575,02370,15992,813
Disposal group, including discontinued operation      
Other undisclosed current assets5,3555,5306,4185,2374,4324,719
Total current assets:141,124164,798187,303227,714223,722221,967
Noncurrent Assets
Operating lease, right-of-use asset45,57550,80168,94951,85434,61339,512
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization28,19529,14227,01028,05826,78029,907
Intangible asset, including goodwill, after accumulated amortization, including:37,14143,65846,73124,34326,72773,429
Goodwill15,03615,03614,9521949040,058
Intangible asset, excluding goodwill, after accumulated amortization22,10428,62231,77923,85326,23733,371
Other undisclosed intangible asset, including goodwill, after accumulated amortization1  471  
Deferred income tax assets16,05712,00514,48411,61214,1732,880
Other noncurrent assets16,61314,6549,6634,4998931,125
Other undisclosed noncurrent assets29,23728,52827,57626,47925,36524,888
Total noncurrent assets:172,818178,788194,413146,845128,551171,741
TOTAL ASSETS:313,942343,586381,716374,559352,273393,708
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities26,81727,13232,81849,46243,20434,637
Taxes payable 501 
Employee-related liabilities7,1417,1364,933
Accounts payable20,00116,47016,09030,91632,21325,493
Accrued liabilities6,81610,66216,72811,4053,3544,211
Deferred revenue5,6555,9208,5117,1454,2563,351
Debt  1,3931,393  5,834
Disposal group, including discontinued operation      
Other undisclosed current liabilities7,5026,9647,3163306,6506,307
Total current liabilities:39,97441,40950,03856,93754,11050,129
Noncurrent Liabilities
Long-term debt and lease obligation21,71721,481 46,57029,44158,076
Long-term debt, excluding current maturities21,71721,481   24,282
Liabilities, other than long-term debt47,86854,72172,7839,92411,21911,382
Deferred compensation liability, classified6,7957,4188,1789,92411,21911,382
Other liabilities  889843   
Operating lease, liability41,07346,41463,76246,57029,44133,794
Other undisclosed noncurrent liabilities   22,874   
Total noncurrent liabilities:69,58576,20295,65756,49440,66069,458
Total liabilities:109,559117,611145,695113,43194,770119,587
Equity
Equity, attributable to parent204,383225,975236,021261,128257,503274,121
Common stock50,47449,52450,77053,29553,32351,582
Accumulated other comprehensive income (loss)573734865(51)(808)(713)
Retained earnings153,336175,717184,386207,884204,988223,252
Total equity:204,383225,975236,021261,128257,503274,121
TOTAL LIABILITIES AND EQUITY:313,942343,586381,716374,559352,273393,708

Income Statement (P&L) ($ in thousands)

10/31/2025
TTM
1/31/2025
1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
Revenues397,465433,226583,102593,612540,081610,824
Cost of revenue(308,195)(322,705)(461,056)(491,834)(1,262)(417)
Cost of product and service sold(308,195)(322,705)(461,056)(491,910)  
Provision for loan, lease, and other losses    76(1,262)(417)
Other undisclosed gross profit(622)(1,829)(28,752)(76)(426,071)(496,449)
Gross profit:88,648108,69293,294101,702112,748113,958
Operating expenses(106,733)(96,334)(99,340)(86,859)(82,794)(91,251)
Other undisclosed operating loss     (44,318) 
Operating income (loss):(18,085)12,358(6,046)14,843(14,364)22,707
Nonoperating income
(Other Nonoperating income)
2,9331,653416373336458
Other undisclosed loss from continuing operations before equity method investments, income taxes     (540)(1,238)
Income (loss) from continuing operations before equity method investments, income taxes:(15,152)14,011(5,630)15,216(14,568)21,927
Other undisclosed loss from continuing operations before income taxes(1,274)(1,573)(519)(110)  
Income (loss) from continuing operations before income taxes:(16,426)12,438(6,149)15,106(14,568)21,927
Income tax expense (benefit)3,919(2,573)1,837(3,388)4,142(4,844)
Income (loss) from continuing operations:(12,507)9,865(4,312)11,718(10,426)17,083
Income (loss) before gain (loss) on sale of properties:11,718(10,426)17,083
Loss from discontinued operations      
Net income (loss) attributable to parent:(12,507)9,865(4,312)11,718(10,426)17,083
Preferred stock dividends and other adjustments(159)(153)(103)(46)(36)(25)
Undistributed earnings (loss) allocated to participating securities, basic  (156) (61) (60)
Other undisclosed net income available to common stockholders, basic      
Net income (loss) available to common stockholders, diluted:(12,666)9,556(4,415)11,611(10,462)16,998

Comprehensive Income ($ in thousands)

10/31/2025
TTM
1/31/2025
1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
Net income (loss):(12,507)9,865(4,312)11,718(10,426)17,083
Other comprehensive income (loss)(161)(172)916994(125)(616)
Comprehensive income (loss):(12,668)9,693(3,396)12,712(10,551)16,467
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  41 (237)30(344)
Comprehensive income (loss), net of tax, attributable to parent:(12,668)9,734(3,396)12,475(10,521)16,123

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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