Hooker Furnishings (HOFT, Financial) experienced a significant stock price drop of 5.26%. The stock is currently priced at $12.06 per share with a trading volume of 45,303 shares and a turnover rate of 0.42%. The stock's amplitude stands at 4.40%.
Recent financial reports indicate that Hooker Furnishings generated a revenue of $104 million, but faced a net loss of $4.17 million, resulting in an earnings per share of -$0.40. The gross profit was reported at $23.11 million, with a price-to-earnings ratio of -13.33. Currently, there are no institutional ratings available for the stock.
Within the furniture and home appliances sector, where Hooker Furnishings operates, the overall growth was 0.60%. Notable gainers in the sector included Tempur Sealy International, Viomi Technology, and Orion Energy Systems, Inc. Active stocks in the sector were Tempur Sealy International, Aterian, Inc., and iRobot Corporation, with turnover rates of 3.00%, 2.34%, and 2.20%, respectively. Stocks with significant amplitude included Purple Innovation, Inc., Aterian, Inc., and Nova LifeStyle, with amplitudes of 11.32%, 11.30%, and 9.74%.
Hooker Furnishings Corp designs, imports, manufactures, and sells residential and contract furniture, lighting, accessories, and home decor, primarily to wholesalers and retailers in North America.
