Q1 FY2027 EarningsQ1 FY27 results significantly beat consensus expectations, with revenue of $69.5M exceeding the $66.3M estimate and gross margin reaching 29.6% vs. 26.8% expected. Diluted EPS turned positive at $0.10, outperforming the projected -$0.07 loss. Despite a 2.4% YoY sales decline due to housing market weakness, profitability surged behind Hooker Branded margin expansion and a recovery in the hospitality business, prompting a shift from prior-year operating losses to positive income.
Overview: Hooker Furnishings(HOFT) the Revenue is 69.45 M (-18.59%), Beat estimate;the EBIT is 1.578 M (+144.3%), Beat estimate;the EPS is 0.1 (+134.5%), Beat estimate.