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Furniture World News Anne Smith and Mike Harris.
Hooker Furnishings has announced the promotions of Anne Smith to Chief Administrative Officer and President-Domestic Upholstery; and Mike Harris to President-Hooker Casegoods, both reporting to Chief Executive Officer Jeremy Hoff.
Smith will continue in her role of Chief Administrative Officer and continues to oversee all corporate human resources, customer care for Hooker Legacy divisions, and the H Contract division. Additionally, as President of Domestic Upholstery, Smith is responsible for Sam Moore, Bradington-Young, and Shenandoah Furniture. Smith joined Hooker Furnishings in 2008 and has held multiple HR and Administrative Management positions within the company.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Hooker Furnishings Promotes Anne Smith and Mike Harris
Hooker Furniture CorporationFebruary 10, 2021 GMT
MARTINSVILLE, Va., Feb. 10, 2021 (GLOBE NEWSWIRE) Hooker Furnishings has announced the promotions of Anne Smith to Chief Administrative Officer and President-Domestic Upholstery; and Mike Harris to President-Hooker Casegoods, both reporting to Chief Executive Officer Jeremy Hoff.
Smith will continue in her role of Chief Administrative Officer and continues to oversee all corporate human resources, customer care for Hooker Legacy divisions, and the H Contract division. Additionally, as President of Domestic Upholstery, Smith is responsible for Sam Moore, Bradington-Young, and Shenandoah Furniture. Smith joined Hooker Furnishings in 2008 and has held multiple HR and Administrative Management positions within the company.
Furniture World News By Nic Ledoux on 12/11/2020
Hooker Furniture recently reported consolidated net sales of $149.7 million and net income of $10 million, or $0.84 per diluted share, for its fiscal 2021 third quarter ended November 1, 2020.
Consolidated net sales decreased by 5.4%, or $8.5 million, compared to the prior year period, while net income increased 157.5%, or $6.2 million. Earnings per diluted share for the quarter increased 154.5% from $0.33 a year ago.
“Our third quarter financial performance is encouraging on many fronts, as the business rebound that began in mid-May continues to gain momentum,” said Paul B. Toms Jr., chairman and chief executive officer. “Consolidated incoming orders were up 33.8% during the quarter, and our consolidated backlog is up 87.5%, both compared to a year ago. While we had a small consolidated sales dip driven by ongoing disruptions in the supply chain from the COVID-19 pan
Shares of Hooker Furniture (NASDAQ:HOFT) were flat in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 180.00% over the past year to $0.84, which beat the estimate of $0.60.