Hooker Furnishings Corporation HOFT Gross Profit
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Where this comes from
Reported directly by Hooker Furnishings Corporation in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
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 gross profit?
- Hooker Furnishings Corporation (HOFT) reported gross profit of $20.59M in Q1 2026.
- How has Hooker Furnishings Corporation's gross profit changed year-over-year?
- Hooker Furnishings Corporation's gross profit increased by 14.8% year-over-year, from $17.94M to $20.59M.
- What is the long-term trend for Hooker Furnishings Corporation's gross profit?
- Over 4 years (2022 to 2026), Hooker Furnishings Corporation's gross profit has grown at a -7.8% compound annual growth rate (CAGR), from $101.7M to $73.62M.
- What does gross profit mean?
- Calculated as total revenue minus the direct costs of goods and services sold, representing the residual profit after accounting for production expenses. It indicates the efficiency of the company's core production process and its ability to maintain pricing power over direct costs. A higher margin suggests a stronger competitive position or superior cost control.