Hooker Furnishings Corp Q3 2026 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Dave Storms - Stonegate Capital Markets Inc - Analyst : Appreciate you taking my questions I did want to start with one check. I noticed on the announcement for the HMI sales that the lease for the High Point showroom will be a part of that. Are you expecting to maintain your showrooms in Atlanta and Vegas? Or are those also operations that you're looking to exit in the near future? LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. DECEMBER 11, 2025 / 2:00PM, HOFT.OQ - Q3 2026 Hooker Furnishings Corp Earnings Call

Question: Dave Storms - Stonegate Capital Markets Inc - Analyst : Excuse me for speaking around the Atlanta.

Question: Dave Storms - Stonegate Capital Markets Inc - Analyst : Perfect. Appreciate that. My next question, I did want to touch on Margaritaville. There's obviously a lot of excitement around that going into next year. Is there anything you could do to help us understand maybe what the margin profile for that new line will look like maybe relative to your current margin profile or some of the other backlog that you're seeing right now?

Question: Dave Storms - Stonegate Capital Markets Inc - Analyst : That's perfect. And then I did want to ask one question around maybe cost cutting. I know you guys are well ahead of your targets there. It was mentioned that you're looking to see continued savings in fiscal '27 any sense of maybe the magnitude or the areas of focus there? Is that going to look like just regular corporate cost cutting? Or is there going to be a number put on it the way you did with this last round of cost cutting?

Question: Dave Storms - Stonegate Capital Markets Inc - Analyst : No, perfectly reasonable. I appreciate that. One more question, if I could. We've seen the Fed has been cutting rates that ended quantity of tightening. You mentioned the branded orders are improving. Are there any other green shoots that you're starting to see that might show demand coming back? I know you're well positioned for when demand does come back, but just anything that you're seeing that might indicate that time line for some of that demand to come back.

Question: Dave Storms - Stonegate Capital Markets Inc - Analyst : Understood. That's all very helpful. I appreciate the time, and good luck in the next quarter.