Hooker Furnishings swings to FY27 Q2 profit of 1.67 million; net sales fall 8.7% to 63.25 million

• Hooker Furniture returned to profit in fiscal 2027 Q2, posting net income of USD 1.67 million, or USD 0.15 per diluted share.
• Net sales fell 8.7% to USD 63.25 million, while operating income swung to USD 1.28 million.
• Gross margin widened 6.9 percentage points to 31.8%, boosted by USD 7.9 million in tariff recoveries.
• First-half net income swung to USD 2.73 million on net sales down 5.5% to USD 132.7 million.
• Backlog rose 6.2% year over year to USD 42.42 million; management flagged strong Margaritaville commitments with shipments scaling into fiscal 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hooker Furniture Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609110600PRIMZONEFULLFEED9825041) on September 11, 2026, and is solely responsible for the information contained therein.