Hooker Furnishings announces quarterly dividend

MARTINSVILLE, Va., Sept. 3, 2024 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that its board of directors declared a quarterly dividend of $0.23 per share on September 3, 2024. This dividend is payable on September 30, 2024 to shareholders of record on September 13, 2024.

Hooker Furnishings Corporation, in its 100th year of business, is a designer, marketer and importer of furniture (wood and metal furniture), leather furniture, fabric furniture, lighting, accessories and home décor for the residential, hospitality and contract markets. The Company also domestically manufactures premium custom leather and fabric furniture and outdoor furniture. Major furniture product categories include home entertainment, home office, accent, dining room and bedroom furniture in the upper mid-price ranges sold under the Hooker Furniture brand. Hooker’s upholstered seating product lines include Bradington-Young, a specialist in luxury motion and stationary leather furniture, HF Custom (formerly Sam Moore), a specialist in fashion-forward custom upholstery with a selection of chairs, sofas, sectionals, recliners and a variety of accent upholstery pieces, Hooker Upholstery, an imported upholstered furniture company focused on the upper to mid-price range, and Shenandoah Furniture, a luxury upholstered furniture company specializing in private label sectionals, sectionals, sofas, chairs, ottomans, settees, beds and dining chairs in the upper to mid-price range for lifestyle specialty stores. The H Contract product line provides upholstered seating and cabinetry to high-end senior living communities. The Home Meridian division targets more moderate price points and distribution channels not currently served by other Hooker Furnishings divisions or brands. Home Meridian brands include Pulaski Furniture, a full spectrum of design furniture in a wide variety of bedroom, dining, accent and display cabinets in mid-price ranges; Samuel Lawrence Furniture, value-conscious offerings in bedroom, dining, home office and youth furniture; Prime Resources International, value-conscious imported leather upholstered furniture; and Samuel Lawrence Hospitality, a designer and supplier of hotel furnishings. The Sunset West division is a designer and manufacturer of comfortable, stylish and high-quality outdoor furniture. Hooker Furnishings Corporation’s corporate offices and upholstery manufacturing facilities are located in Virginia, North Carolina and California, with showrooms in High Point, NC; Las Vegas, NV; Atlanta, GA; and Ho Chi Minh City, Vietnam. The company operates distribution centers in Virginia, Georgia and Vietnam. Visit our websites hookerfurnishings.com, hookerfurniture.com, bradington-young.com, hfcustomfurniture.com, hcontractfurniture.com, homemeridian.com, pulaskifurniture.com, slh-co.com and sunsetwestusa.com.