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Posted by
Two Blokes Jun 9 -
Filed in
Stock
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7 views
Hooker Furnishings Corporation continues to struggle with weak sales, worsening bottom-line results, and ongoing cash outflows, justifying my maintained 'sell' rating. Despite a comparable revenue increase, underlying sales were flat and profitability metrics deteriorated, with net loss and negative operating cash flow. Management's cost-cutting initiatives and inventory build are prudent given tariff risks, but uncertainty and industry headwinds persist.
