Hooker Furnishings Corporation HOFT Provision (benefit) for other credit losses
Provision (benefit) for other credit losses 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:ProvisionForOtherCreditLosses.
The official record: Hooker Furnishings Corporation’s 10-K, filed April 17, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hooker Furnishings Corporation's provision (benefit) for other credit losses?
- Hooker Furnishings Corporation (HOFT) reported provision (benefit) for other credit losses of $233K in Q4 2025.
- How has Hooker Furnishings Corporation's provision (benefit) for other credit losses changed year-over-year?
- Hooker Furnishings Corporation's provision (benefit) for other credit losses decreased by 70.6% year-over-year, from $791.75K to $233K.
- What is the long-term trend for Hooker Furnishings Corporation's provision (benefit) for other credit losses?
- Over 4 years (2022 to 2026), Hooker Furnishings Corporation's provision (benefit) for other credit losses has grown at a 87.1% compound annual growth rate (CAGR), from -$76K to $932K.
- What does provision (benefit) for other credit losses mean?
- The expense recognized to account for potential losses from credit exposures other than standard trade receivables, such as loans or other financial assets. This reflects the company's assessment of credit risk within its non-core financial operations. A rising provision suggests deteriorating credit quality or increased exposure to counterparty risk.