Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q3 FY25
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Stonegate Capital Partners has updated their coverage on Hooker Furniture Corporation (NASDAQ: HOFT) for Q3 FY25. HOFT reported revenue of $104.4M, an operating loss of $7.3M, and an adjusted EPS of -$0.39.
December 06, 2024 | 9:45 pm
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Hooker Furniture Corporation reported Q3 FY25 results with revenue of $104.4M, an operating loss of $7.3M, and an adjusted EPS of -$0.39. Stonegate Capital Partners updated their coverage on the company.
The financial results show a significant operating loss and negative EPS, which are likely to negatively impact investor sentiment and the stock price in the short term. The update from Stonegate Capital Partners highlights these results, increasing their relevance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100