--- title: "HOOKER FURNISHINGS Corp 1Q 2027: Revenue $69.45M, EPS $0.1— 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/289636549.md" description: "Hooker Furnishings Corp reported Q1 2027 revenue of $69.45M, a 2.4% YoY decline, but achieved net income of $1.06M and diluted EPS of $0.1, reversing a prior-year loss. Gross margin improved by 440 basis points, and operating income turned positive at $1.6M due to higher prices and cost cuts. Orders rose 8% in May, with backlog up 14%. The Margaritaville brand launch showed strong momentum, while operational progress included inventory reductions and a new Vietnam warehouse." datetime: "2026-06-12T20:11:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289636549.md) - [en](https://longbridge.com/en/news/289636549.md) - [zh-HK](https://longbridge.com/zh-HK/news/289636549.md) generator: "portal-rs" --- # HOOKER FURNISHINGS Corp 1Q 2027: Revenue $69.45M, EPS $0.1— 10-Q Summary HOOKER FURNISHINGS Corp reported first-quarter 2027 results with revenue of $69.45M, net income of $1.06M and diluted EPS of $0.1, versus $71.18M, a ($3.05M) loss and ($0.29) per share in the year-earlier quarter. **Financial Highlights** Metric Current quarter Prior year quarter YoY change Revenue¹ $69.45M $71.18M (2.4%) Net income² $1.06M ($3.05M) 134.8% Diluted EPS³ $0.1 ($0.29) 134.5% *¹ Reported as “Net sales”. ² Reported as “Net income / (loss)”. ³ Reported as “Diluted loss per share”.* **Business Highlights** - Revenue declined 2.4% year over year as weaker Hooker Branded and Domestic Upholstery sales were partially offset by gains in hospitality. - Gross margin improved by about 440 basis points and operating income turned positive at $1.6M, driven by higher average selling prices and cost reductions. - Orders and backlog strengthened: incoming orders were up (May +8%) and backlog rose 14% year over year, with a backlog mix shift from Margaritaville and project shipments. - Margaritaville brand launch showed strong early momentum with commitments for roughly 100 in-store galleries and 10 freestanding stores; initial shipments began in May. - Operational progress included a new Vietnam warehouse, ongoing ERP implementation, and inventory reductions that improved cash flow. Original SEC Filing: HOOKER FURNISHINGS Corp \[ HOFT \] - 10-Q - Jun. 12, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [HOFT.US](https://longbridge.com/en/quote/HOFT.US.md) ## Related News & Research - [Hooker names Jeremy R. Hoff in equity award rescission after plan limit breach](https://longbridge.com/en/news/298076419.md) - [Hooker Furnishings declares quarterly cash dividend of $0.115 a share](https://longbridge.com/en/news/297952093.md) - [Vietnam posts record $770B trade turnover in 8 months](https://longbridge.com/en/news/298122339.md) - [JBDI: FY2026 saw a return to profitability, higher gross margin, and strong liquidity amid industry headwinds](https://longbridge.com/en/news/297826804.md) - [iShares US Basic Materials ETF sets Q3 2026 distribution at R$ 0.1 per unit](https://longbridge.com/en/news/297802494.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**