Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q1 FY25

Dallas, Texas–(Newsfile Corp. – June 7, 2024) – Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT)

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Key Takeaways:

• Margins remain above 20%
• Strong dividend yield of 5.4%
• Backlog increased ~18.4% sequentially

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About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121

Source:

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