Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q4 2023

By: Newsfile

Dallas, Texas--(Newsfile Corp. - April 15, 2024) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT).

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Margins improve by ~2,394bps since this quarter last year
  • Strong dividend yield of 5.0%
  • Full year inventory reduction of $34.9M

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Click image above to view full announcement.


About StonegateStonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/205590

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