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Hooker Furnishings Corporation HOFT Increase Decrease In Accrued Income Taxes Payable

Increase Decrease In Accrued Income Taxes Payable at other companies

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Other financials

Income statement

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Revenue$69.5M-2.4%
Gross profit$20.6M+14.8%
Operating income$1.6M+417%
Net income$1.1M+135%
EPS (diluted)$0.10+134%

Balance sheet

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Cash & equivalents$10.6M-41.0%
Total debt$23.6M-65.9%
Total equity$169.1M-15.1%
Total assets$223.2M-25.5%

Cash flow

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Operating cash flow$14.4M-1.7%
CapEx$403.0K-44.6%
Free cash flow$14.0M+0.5%

Valuation

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Market cap$180.67M+63.2%
Enterprise value$193.62M+19.7%
P/S0.6×+0.3×

Profitability

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Gross margin26.4%+1.8pp
Operating margin-3.2%+1.4pp
Net margin-8.1%-31.3pp
FCF margin2.9%+2.0pp

Returns & leverage

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Return on equity-12.7%-52.5pp
Debt / equity0.1×-0.2×
Current ratio3.1×-0.9×

Where this comes from

Reported directly by Hooker Furnishings Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

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 increase decrease in accrued income taxes payable?
Hooker Furnishings Corporation (HOFT) reported increase decrease in accrued income taxes payable of $116K in Q1 2026.
How has Hooker Furnishings Corporation's increase decrease in accrued income taxes payable changed year-over-year?
Hooker Furnishings Corporation's increase decrease in accrued income taxes payable decreased by 52.1% year-over-year, from $242K to $116K.
What does increase decrease in accrued income taxes payable mean?
Represents the net change in the company's estimated income tax liability owed to government authorities. This reflects the timing differences between tax expense recognition and actual cash tax payments.