Hooker Furnishings Corporation HOFT Operating Lease ROU Assets
Operating Lease ROU Assets at other companies
Other financials
Where this comes from
Reported directly by Hooker Furnishings Corporation in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.
The official record: Hooker Furnishings Corporation’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hooker Furnishings Corporation's operating lease ROU assets?
- Hooker Furnishings Corporation (HOFT) reported operating lease ROU assets of $21.65M in Q1 2026.
- How has Hooker Furnishings Corporation's operating lease ROU assets changed year-over-year?
- Hooker Furnishings Corporation's operating lease ROU assets decreased by 50.4% year-over-year, from $43.69M to $21.65M.
- What is the long-term trend for Hooker Furnishings Corporation's operating lease ROU assets?
- Over 5 years (2021 to 2026), Hooker Furnishings Corporation's operating lease ROU assets has grown at a -7.8% compound annual growth rate (CAGR), from $34.61M to $23.02M.
- What does operating lease ROU assets mean?
- This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.