{"id":49946,"date":"2025-09-13T02:30:19","date_gmt":"2025-09-12T21:00:19","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/"},"modified":"2025-09-13T02:30:19","modified_gmt":"2025-09-12T21:00:19","slug":"stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/","title":{"rendered":"Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY26"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/api.newsfilecorp.com\/newsinfo\/266280\/511\" width=\"2\" height=\"2\"><\/p>\n<p>      Dallas, Texas&#8211;(Newsfile Corp. &#8211; September 12, 2025) &#8211; Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). HOFT reported      revenue, operating income, and adj EPS of $82.1M, ($4.4)M, and ($0.31), respectively. This compares to our\/consensus estimates of $93.7M\/$91.2M, ($0.8)M\/($1.5)M, and ($0.08)\/($0.16). Revenues      came in below expectations, declining 13.6% y\/y, driven primarily by a 44.5% y\/y decline at HMI from weak demand, tariff-driven buying hesitancy, and the impact of a major customer bankruptcy.      In contrast, Hooker Branded net sales grew 1.3% y\/y and Domestic Upholstery was flat, underscoring continued resilience in the Legacy brands. Despite soft sales, consolidated gross margin of      20.5% showed sequential stability supported by cost savings and improved labor efficiency. However, mix headwinds and restructuring costs pressured overall profitability. Management reaffirmed      its focus on navigating macro headwinds such as housing market weakness, high mortgage rates, and subdued consumer demand, while positioning the company to return to profitability.    <\/p>\n<p>      To view the full announcement, including downloadable images, bios, and more, <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/1KewGTXLQN\">click here<\/a>.    <\/p>\n<p>      <b>Key Takeaways:<\/b>    <\/p>\n<ul>\n<li>Despite a 13.6% y\/y sales decline, HOFT maintained a consolidated gross margin of 20.5%, supported by labor efficiency and cost savings.      <\/li>\n<li>HOFT achieved $3.7M in expense savings in 1H26, advancing toward its goal of $25M in annualized savings by FY27.      <\/li>\n<li>HOFT repaid $16.5M of debt YTD and reduced inventory to $58.5M, enhancing liquidity while transitioning to its new Vietnam warehouse.\n<\/li>\n<\/ul>\n<p>      <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/A82KWugWXq\"><img decoding=\"async\" src=\"https:\/\/images.newsfilecorp.com\/files\/7294\/266280_figure1_550.jpg\" alt=\"Cannot view this image? Visit: https:\/\/images.newsfilecorp.com\/files\/7294\/266280_figure1_550.jpg\"><\/a>    <\/p>\n<p><i><br \/>Click image above to view full announcement.<\/i>    <\/p>\n<hr>\n<p><strong>About Stonegate<br \/><\/strong>Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach      services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.    <\/p>\n<div>\n<p>      <b>Contacts:<\/b>    <\/p>\n<p>      Stonegate Capital Partners<br \/>      (214) 987-4121<br \/>      <a href=\"mailto:info@stonegateinc.com\">info@stonegateinc.com<\/a>    <\/p>\n<\/div>\n<p>      Source: <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/ZEg15Fawpx\">Stonegate, Inc.<\/a>    <\/p>\n<p>      To view the source version of this press release, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/anD13tD81P\">https:\/\/www.newsfilecorp.com\/release\/266280<\/a>    <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dallas, Texas&#8211;(Newsfile Corp. &#8211; September 12, 2025) &#8211; Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). HOFT reported revenue, operating income, and adj EPS of $82.1M, ($4.4)M, and ($0.31), respectively. This compares to our\/consensus estimates of $93.7M\/$91.2M, ($0.8)M\/($1.5)M, and ($0.08)\/($0.16). Revenues came in below expectations, declining &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[130],"tags":[],"class_list":["post-49946","post","type-post","status-publish","format-standard","","category-international"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY26 - Matribhumi Samachar English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY26 - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Dallas, Texas&#8211;(Newsfile Corp. &#8211; September 12, 2025) &#8211; Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). HOFT reported revenue, operating income, and adj EPS of $82.1M, ($4.4)M, and ($0.31), respectively. This compares to our\/consensus estimates of $93.7M\/$91.2M, ($0.8)M\/($1.5)M, and ($0.08)\/($0.16). Revenues came in below expectations, declining &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/\" \/>\n<meta property=\"og:site_name\" content=\"Matribhumi Samachar English\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-12T21:00:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/api.newsfilecorp.com\/newsinfo\/266280\/511\" \/>\n<meta name=\"author\" content=\"Saransh Kanaujia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saransh Kanaujia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/\",\"url\":\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/\",\"name\":\"Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY26 - Matribhumi Samachar English\",\"isPartOf\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#website\"},\"datePublished\":\"2025-09-12T21:00:19+00:00\",\"dateModified\":\"2025-09-12T21:00:19+00:00\",\"author\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1\"},\"breadcrumb\":{\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/2025\/09\/13\/stonegate-updates-coverage-on-hooker-furniture-corporation-hoft-q2-fy26\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/matribhumisamachar.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q2 FY26\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#website\",\"url\":\"https:\/\/matribhumisamachar.com\/en\/\",\"name\":\"Matribhumi Samachar English\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/matribhumisamachar.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/0a61403f4baf9627e92218b53a1e65f1\",\"name\":\"Saransh Kanaujia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/matribhumisamachar.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/45a8b03a1b1bb8255014f5e62f9cfea0eb8a9f7a6a604f9879038df08da23cea?s=96&d=mm&r=g\",\"caption\":\"Saransh Kanaujia\"},\"description\":\"Saransh Kanaujia is currently editor of Matribhumi Samachar Group. 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HOFT reported revenue, operating income, and adj EPS of $82.1M, ($4.4)M, and ($0.31), respectively. This compares to our\/consensus estimates of $93.7M\/$91.2M, ($0.8)M\/($1.5)M, and ($0.08)\/($0.16). 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