Revenue: As of FY2026 Q3, the actual value is USD 70.73 M, missing the estimate of USD 85.5 M.EPS: As of FY2026 Q3, the actual value is USD -1.18, missing the estimate of USD -0.145.EBIT: As of FY2026 Q3, the actual value is USD -16.23 M.<h3>Hooker Branded Segment</h3><ul><li>Net Sales: $36.5 million for the third quarter of fiscal 2026, a 1.1% increase from the prior year. Year-to-date net sales were $109.9 million, up 1.1% from the previous year.</li><li>Gross Profit: $12.0 million for the third quarter, with a gross margin of 33.0%, up from 30.0% in the prior year. Year-to-date gross profit was $33.6 million, with a margin of 30.6%.</li><li>Operating Income: $711,000 for the third quarter, compared to a loss of $1.5 million in the prior year. Year-to-date operating income was $748,000, compared to a loss of $1.6 million in the previous year.</li></ul><h3>Domestic Upholstery Segment</h3><ul><li>Net Sales: $30.2 million for the third quarter, a 3.0% increase from the prior year. Year-to-date net sales were $87.8 million, essentially flat compared to the previous year.</li><li>Gross Profit: $6.0 million for the third quarter, with a gross margin of 19.9%, slightly up from 19.6% in the prior year. Year-to-date gross profit was $16.6 million, with a margin of 18.9%.</li><li>Operating Loss: $14.7 million for the third quarter, significantly impacted by a $15.0 million goodwill impairment charge. Year-to-date operating loss was $15.7 million, compared to a loss of $2.9 million in the previous year.</li></ul><h3>All Other Segment</h3><ul><li>Net Sales: $4.0 million for the third quarter, a significant decrease from $17.2 million in the prior year. Year-to-date net sales were $13.5 million, down from $36.5 million in the previous year.</li><li>Gross Profit: $49,000 for the third quarter, with a gross margin of 1.2%, down from 22.6% in the prior year. Year-to-date gross profit was $2.5 million, with a margin of 18.5%.</li><li>Operating Loss: $2.3 million for the third quarter, compared to a loss of $3.3 million in the prior year. Year-to-date operating loss was $2.4 million, compared to a loss of $5.1 million in the previous year.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: $22.9 million provided by operating activities for the nine months ended November 2, 2025, compared to $11.9 million used in the prior year.</li><li>Investing Cash Flow: $2.9 million used in investing activities, primarily for capital expenditures.</li><li>Financing Cash Flow: $25.5 million used in financing activities, mainly for debt repayments.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focusing on its core Hooker Branded and Domestic Upholstery segments, with a strategic shift to divest the Pulaski Furniture and Samuel Lawrence Furniture brands to streamline operations and enhance profitability.</li><li>Non-Core Business: The sale of the Pulaski Furniture and Samuel Lawrence Furniture brands is expected to close by mid-December 2025, with the company retaining the Samuel Lawrence Hospitality brand.</li></ul>

Hooker Furnishings | 10-Q: FY2026 Q3 Revenue Misses Estimate at USD 70.73 M