Hooker Furnishings Q1 EPS $(0.29) Misses $(0.15) Estimate, Sales $85.32M Miss $88.87M Estimate

Hooker Furnishings (NASDAQ: HOFT) reported quarterly losses of $(0.29) per share which missed the analyst consensus estimate of $(0.15) by 93.33 percent. This is a 25.64 percent increase over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $85.32 million which missed the analyst consensus estimate of $88.87 million by 4.00 percent. This is a 8.82 percent decrease over sales of $93.57 million the same period last year.