Hooker Furniture Q4FY26 Revenue Drops 20.5% to $67M, Margin Up 380bps

HOFTHOFT

Hooker Furniture reported Q4FY26 revenue of $67.0 million, down 20.5% year-over-year, missing consensus of $74.1 million and Stonegate’s $77.1 million forecast, while adjusted EPS was $0.05 versus an expected $0.09. Gross margin climbed 380 basis points to 30.0%, lifting operating income to $0.6 million from a loss a year earlier.

1. Q4 Financial Performance

In Q4FY26, Hooker Furniture generated $67.0 million in revenue, a 20.5% decline year-over-year, missing both consensus ($74.1 million) and Stonegate’s forecast ($77.1 million). Adjusted EPS was $0.05, below Stonegate’s $0.09 estimate, but operating income improved to $0.6 million from a year-ago loss despite a one-week shorter selling period and an estimated $3–$4 million impact from January weather disruption.

2. Segment Results

Hooker Branded posted operating income of $1.2 million, flat year-over-year, while Domestic Upholstery cut its operating loss by more than 50% to $(1.2) million. Lower hospitality shipments weighed on top-line performance, but efficiency gains and cost control underpinned margin expansion across both segments.

3. Full-Year Outcomes and Outlook

For the full year, net sales fell 12.4% to $278.1 million, while gross margin rose 180 basis points to 26.4% and SG&A expenses declined by $11.9 million. After $15.6 million of non-cash impairment charges led to a $27.0 million net loss, Stonegate highlights improved liquidity post-divestiture and anticipates stronger back-half performance supported by the Margaritaville ramp in H2 FY27.

Sources

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