David Sweet - Hooker Furniture Independent Director

HOFT Stock  USD 17.34  0.05  0.29%   

Director

Mr. David G. Sweet is so longer Independent Director of the Company. He is the retired Vice President of The North Face, a designer and marketer of outdoor apparel and a division of VF Corporationrationration. He held that position from 2002 until his retirement in December 2004. He served as Vice President of VF Outdoor Europe from 2000 to 2002. Before 2000, Mr. Sweet held various management positions during his career with VF Corporationrationration. Mr. Sweet serves as chairman of the Nominating and Corporationrationrate Governance Committee and a member of the Audit Committee and Compensation Committee. His 26 years of senior management experience at VF Corporationrationration, including his operations experience in supply chain management, product sourcing and distribution, well qualifies him to serve as a director of the Company. since 2006.
Age 69
Tenure 18 years
Address 440 East Commonwealth Boulevard, Martinsville, VA, United States, 24112
Phone276 632 2133
Webhttps://www.hookerfurniture.com

Hooker Furniture Management Efficiency

The company has return on total asset (ROA) of 0.0211 % which means that it generated a profit of $0.0211 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0427 %, meaning that it created $0.0427 on every $100 dollars invested by stockholders. Hooker Furniture's management efficiency ratios could be used to measure how well Hooker Furniture manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.10 in 2024, whereas Return On Tangible Assets are likely to drop (0.03) in 2024. Non Current Liabilities Total is likely to gain to about 80 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 32.9 M in 2024.
The company currently holds 76.25 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Hooker Furniture has a current ratio of 3.61, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Hooker Furniture until it has trouble settling it off, either with new capital or with free cash flow. So, Hooker Furniture's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hooker Furniture sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hooker to invest in growth at high rates of return. When we think about Hooker Furniture's use of debt, we should always consider it together with cash and equity.

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Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia. Hooker Furnishings operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 1294 people. Hooker Furniture (HOFT) is traded on NASDAQ Exchange in USA. It is located in 440 East Commonwealth Boulevard, Martinsville, VA, United States, 24112 and employs 1,203 people. Hooker Furniture is listed under Household Durables category by Fama And French industry classification.

Management Performance

Hooker Furniture Leadership Team

Elected by the shareholders, the Hooker Furniture's board of directors comprises two types of representatives: Hooker Furniture inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hooker. The board's role is to monitor Hooker Furniture's management team and ensure that shareholders' interests are well served. Hooker Furniture's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hooker Furniture's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeremy Hoff, President - Hooker Upholstery
Tonya Jackson, Director
Edwin Ryder, Independent Director
Anne Smith, Chief Upholstery
Michael Delgatti, President
Paulette Garafolo, Director
Earl III, Corporate Secretary
David Sweet, Independent Director
Anne Jacobsen, Sr. VP of Admin.
George Revington, COO; President and COO - Home Meridian
Lee Boone, Co-Presidents of Home Meridian
Michael Harris, President Upholstery
Larry Ryder, Director
Johne Albanese, Chief Officer
Charlene Bowling, CIO and VP
Paul Huckfeldt, CFO and Sr. VP of Fin. and Accounting
Tod Phelps, Senior Officer
Paul Toms, Chairman and CEO
Christopher Beeler, Lead Independent Director
John Gregory, Independent Director
Henry Williamson, Independent Director
Ellen Taaffe, Director
Douglas Townsend, Co-Presidents of Home Meridian

Hooker Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hooker Furniture a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Hooker Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hooker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hooker Furniture Stock. Highlighted below are key reports to facilitate an investment decision about Hooker Furniture Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hooker Furniture. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Hooker Stock please use our How to Invest in Hooker Furniture guide.
Note that the Hooker Furniture information on this page should be used as a complementary analysis to other Hooker Furniture's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Hooker Furniture's price analysis, check to measure Hooker Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hooker Furniture is operating at the current time. Most of Hooker Furniture's value examination focuses on studying past and present price action to predict the probability of Hooker Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hooker Furniture's price. Additionally, you may evaluate how the addition of Hooker Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Hooker Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hooker Furniture. If investors know Hooker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hooker Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.575
Dividend Share
0.89
Earnings Share
0.91
Revenue Per Share
40.549
Quarterly Revenue Growth
(0.26)
The market value of Hooker Furniture is measured differently than its book value, which is the value of Hooker that is recorded on the company's balance sheet. Investors also form their own opinion of Hooker Furniture's value that differs from its market value or its book value, called intrinsic value, which is Hooker Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hooker Furniture's market value can be influenced by many factors that don't directly affect Hooker Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hooker Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hooker Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hooker Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.