Hooker Furnishings Declares Quarterly Dividend
June 04 2024 - 5:25PM
Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on
June 4, 2024, its board of directors declared a quarterly cash
dividend of $0.23 per share, payable on June 28, 2024 to
shareholders of record at June 14, 2024.
Hooker Furnishings Corporation, in its 100th
year of business, is a designer, marketer and importer of casegoods
(wooden and metal furniture), leather furniture, fabric-upholstered
furniture, lighting, accessories, and home décor for the
residential, hospitality and contract markets. The Company also
domestically manufactures premium residential custom leather and
custom fabric-upholstered furniture and outdoor furniture. Major
casegoods product categories include home entertainment, home
office, accent, dining, and bedroom furniture in the upper-medium
price points sold under the Hooker Furniture brand. Hooker’s
residential upholstered seating product lines include
Bradington-Young, a specialist in upscale motion and stationary
leather furniture, HF Custom (formerly Sam Moore), a specialist in
fashion forward custom upholstery offering a selection of chairs,
sofas, sectionals, recliners and a variety of accent upholstery
pieces, Hooker Upholstery, imported upholstered furniture targeted
at the upper-medium price-range and Shenandoah Furniture, an
upscale upholstered furniture company specializing in private label
sectionals, modulars, sofas, chairs, ottomans, benches, beds and
dining chairs in the upper-medium price points for lifestyle
specialty retailers. The H Contract product line supplies
upholstered seating and casegoods to upscale senior living
facilities. The Home Meridian division addresses more moderate
price points and channels of distribution not currently served by
other Hooker Furnishings divisions or brands. Home Meridian’s
brands include Pulaski Furniture, casegoods covering the complete
design spectrum in a wide range of bedroom, dining room, accent and
display cabinets at medium price points, Samuel Lawrence Furniture,
value-conscious offerings in bedroom, dining room, home office and
youth furnishings, Prime Resources International, value-conscious
imported leather upholstered furniture, and Samuel Lawrence
Hospitality, a designer and supplier of hotel furnishings. The
Sunset West division is a designer and manufacturer of comfortable,
stylish and high-quality outdoor furniture. Hooker Furnishings
Corporation’s corporate offices and upholstery manufacturing
facilities are located in Virginia, North Carolina and California,
with showrooms in High Point, N.C., Las Vegas, N.V., Atlanta, G.A.
and Ho Chi Minh City, Vietnam. The company operates distribution
centers in Virginia, Georgia, and Vietnam. Please visit our
websites hookerfurnishings.com, hookerfurniture.com,
bradington-young.com, hfcustomfurniture.com,
hcontractfurniture.com, homemeridian.com, pulaskifurniture.com,
slh-co.com, and sunsetwestusa.com.
For more information,
contact:Paul A. Huckfeldt, Senior Vice
President-Finance and CFOHooker Furnishings
Corporation, 276.666.3949
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