Hooker Furnishings Corporation reported earnings results for the third quarter and nine months ended October 29, 2023. For the third quarter, the company reported sales was USD 116.83 million compared to USD 151.58 million a year ago. Net income was USD 7.04 million compared to USD 4.84 million a year ago. Basic earnings per share from continuing operations was USD 0.66 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.65 compared to USD 0.42 a year ago.
For the nine months, sales was USD 336.45 million compared to USD 451.8 million a year ago. Net income was USD 9.27 million compared to USD 13.57 million a year ago. Basic earnings per share from continuing operations was USD 0.85 compared to USD 1.16 a year ago. Diluted earnings per share from continuing operations was USD 0.85 compared to USD 1.14 a year ago.