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Hooker Furnishings Corporation HOFT Increase (Decrease) in Prepaid Expense and Other Assets

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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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 prepaid expense and other assets?
Hooker Furnishings Corporation (HOFT) reported increase (decrease) in prepaid expense and other assets of $430K in Q1 2026.
How has Hooker Furnishings Corporation's increase (decrease) in prepaid expense and other assets changed year-over-year?
Hooker Furnishings Corporation's increase (decrease) in prepaid expense and other assets decreased by 61.8% year-over-year, from $1.13M to $430K.
What does increase (decrease) in prepaid expense and other assets mean?
Reflects the net change in payments made in advance for goods or services to be received in future periods. Monitoring this helps investors understand the timing of cash outflows relative to the recognition of related expenses.