Hooker Furnishings Corporation HOFT Lease Payments
Lease Payments 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:OperatingLeasePayments.
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 lease payments?
- Hooker Furnishings Corporation (HOFT) reported lease payments of $1.77M in Q1 2026.
- How has Hooker Furnishings Corporation's lease payments changed year-over-year?
- Hooker Furnishings Corporation's lease payments decreased by 20.8% year-over-year, from $2.23M to $1.77M.
- What is the long-term trend for Hooker Furnishings Corporation's lease payments?
- Over 3 years (2022 to 2026), Hooker Furnishings Corporation's lease payments has grown at a 2.6% compound annual growth rate (CAGR), from $7.7M to $8.32M.
- What does lease payments mean?
- Represents the total cash outflows made by the company to satisfy obligations under operating lease agreements for assets such as real estate or equipment. This metric reflects the ongoing fixed costs associated with maintaining operational capacity through leased assets rather than ownership. Investors use this to assess the company's recurring off-balance sheet or right-of-use asset-related financial commitments.