Filing Flows › Hooker Furnishings (HOFT) › Q1 FY26
Hooker Furnishings (HOFT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 13, 2025
Hooker Furnishings (HOFT) reported revenue of $71.2M for the first quarter fiscal 2026 (Q1 FY26), -24% from a year earlier and -32% from the quarter before. Operating margin was -0.7%, net loss $3.1M (4.3% of revenue).
Hooker Furnishings, Q1 FY26: revenue $71.2M (-24% year over year), operating margin -0.7%, net loss $3.1M, operating cash flow $14.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.2M | -32% | -24% |
| Operating profit | −$498K | — | — |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | $14.7M | — | +893% |
| Free cash flow | $13.9M | — | 22× |
What changed
Revenue was $71.2M in Q1 FY26, down 24% year over year and down 32% from the previous quarter.
Gross margin was 25.2%, up 4.7 points from a year earlier. Operating costs exceeded revenue by $498K, an operating margin of -0.7%. Operating expenses fell 47% while revenue fell 24%. The quarter ended with a net loss of $3.1M, wider than the previous quarter's $2.3M loss. Net interest and other expense of $2.8M was the main reason.
Operating cash flow was $14.7M (up 893% year over year). Non-cash charges added back $1.8M of depreciation and amortization and $357K of share-based compensation. Working capital and other items added $15.6M. Capital expenditures of $727K left free cash flow of $13.9M.
Questions
What was Hooker Furnishings' revenue in the first quarter fiscal 2026?
Hooker Furnishings (HOFT) reported revenue of $71.2M for the first quarter fiscal 2026 (Q1 FY26), -24% from a year earlier and -32% from the quarter before.
Was Hooker Furnishings profitable in the first quarter fiscal 2026?
Operating loss was $498K (-0.7% of revenue) and net loss $3.1M.
Source: Hooker Furnishings 10-Q on SEC EDGAR.