Hooker Historical Income Statement

HOFT Stock  USD 18.63  0.46  2.53%   
Historical analysis of Hooker Furniture income statement accounts such as Total Revenue of 393.5 M or Gross Profit of 90.5 M can show how well Hooker Furniture performed in making a profits. Evaluating Hooker Furniture income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hooker Furniture's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hooker Furniture latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hooker Furniture is a good buy for the upcoming year.
  
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 closely tied 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.

About Hooker Income Statement Analysis

Hooker Furniture Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hooker Furniture shareholders. The income statement also shows Hooker investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hooker Furniture Income Statement Chart

At this time, Hooker Furniture's Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 16.5 M in 2024, whereas Total Revenue is likely to drop slightly above 393.5 M in 2024.

Total Revenue

Total revenue comprises all receipts Hooker Furniture generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hooker Furniture minus its cost of goods sold. It is profit before Hooker Furniture operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hooker Furniture. It is also known as Hooker Furniture overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Hooker Furniture income statement and represents the costs associated with goods and services Hooker Furniture provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Hooker Furniture's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hooker Furniture current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied 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.At this time, Hooker Furniture's Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 16.5 M in 2024, whereas Total Revenue is likely to drop slightly above 393.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense110K519K1.6M1.3M
Depreciation And Amortization7.8M8.8M9.0M6.2M

Hooker Furniture income statement Correlations

0.140.860.80.870.20.10.230.860.930.080.260.12-0.010.92-0.580.14-0.280.48-0.27-0.030.660.35
0.140.150.210.140.110.20.210.140.190.15-0.410.180.070.06-0.050.21-0.270.30.16-0.460.140.29
0.860.150.941.00.480.310.421.00.950.30.330.340.190.89-0.690.380.090.6-0.060.040.36-0.02
0.80.210.940.920.690.480.580.910.90.470.470.50.370.87-0.720.540.220.680.11-0.20.280.12
0.870.141.00.920.420.250.371.00.960.240.290.280.140.89-0.690.330.040.58-0.110.070.410.0
0.20.110.480.690.420.760.770.430.310.760.580.750.720.37-0.350.750.580.550.58-0.37-0.34-0.15
0.10.20.310.480.250.760.990.270.171.00.560.990.950.21-0.170.980.380.530.87-0.49-0.23-0.09
0.230.210.420.580.370.770.990.380.30.990.590.990.920.33-0.240.970.340.580.82-0.47-0.15-0.05
0.860.141.00.911.00.430.270.380.940.260.30.30.150.88-0.670.340.060.58-0.10.090.38-0.05
0.930.190.950.90.960.310.170.30.940.160.270.20.050.92-0.740.26-0.050.57-0.21-0.040.570.24
0.080.150.30.470.240.761.00.990.260.160.590.990.950.2-0.170.970.40.510.87-0.47-0.25-0.11
0.26-0.410.330.470.290.580.560.590.30.270.590.520.70.38-0.340.50.330.620.5-0.09-0.050.0
0.120.180.340.50.280.750.990.990.30.20.990.520.90.23-0.190.990.370.450.82-0.48-0.19-0.08
-0.010.070.190.370.140.720.950.920.150.050.950.70.90.12-0.110.880.420.620.94-0.41-0.36-0.15
0.920.060.890.870.890.370.210.330.880.920.20.380.230.12-0.770.26-0.060.57-0.19-0.010.510.21
-0.58-0.05-0.69-0.72-0.69-0.35-0.17-0.24-0.67-0.74-0.17-0.34-0.19-0.11-0.77-0.28-0.16-0.50.170.06-0.42-0.22
0.140.210.380.540.330.750.980.970.340.260.970.50.990.880.26-0.280.410.470.79-0.47-0.16-0.07
-0.28-0.270.090.220.040.580.380.340.06-0.050.40.330.370.42-0.06-0.160.410.150.4-0.08-0.66-0.47
0.480.30.60.680.580.550.530.580.580.570.510.620.450.620.57-0.50.470.150.46-0.210.020.05
-0.270.16-0.060.11-0.110.580.870.82-0.1-0.210.870.50.820.94-0.190.170.790.40.46-0.39-0.52-0.24
-0.03-0.460.04-0.20.07-0.37-0.49-0.470.09-0.04-0.47-0.09-0.48-0.41-0.010.06-0.47-0.08-0.21-0.39-0.16-0.57
0.660.140.360.280.41-0.34-0.23-0.150.380.57-0.25-0.05-0.19-0.360.51-0.42-0.16-0.660.02-0.52-0.160.69
0.350.29-0.020.120.0-0.15-0.09-0.05-0.050.24-0.110.0-0.08-0.150.21-0.22-0.07-0.470.05-0.24-0.570.69
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Hooker Furniture Account Relationship Matchups

Hooker Furniture income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization7.6M6.8M7.8M8.8M9.0M6.2M
Interest Expense1.2M540K110K519K1.6M1.3M
Total Revenue610.8M540.1M593.6M583.1M433.2M393.5M
Gross Profit114.0M112.7M101.7M93.3M106.9M90.5M
Other Operating Expenses588.1M510.1M578.8M589.1M420.9M369.8M
Operating Income22.7M30.3M14.8M(5.6M)12.4M22.8M
Ebit22.7M(14.0M)15.2M(5.6M)14.0M16.5M
Ebitda30.3M(7.3M)23.0M3.2M23.0M21.0M
Cost Of Revenue496.9M427.3M491.9M489.8M326.4M303.0M
Total Operating Expenses91.3M82.8M86.9M99.3M94.5M66.9M
Income Before Tax21.9M(14.6M)15.1M(6.1M)12.4M15.0M
Total Other Income Expense Net(780K)(204K)263K(103K)80K84K
Net Income17.1M(10.4M)11.7M(4.3M)9.9M9.9M
Income Tax Expense4.8M(4.1M)3.4M(1.8M)2.6M5.1M
Selling General Administrative85.5M78.3M82.6M93.8M90.2M50.3M
Net Income Applicable To Common Shares17.1M(10.4M)11.7M(4.3M)(3.9M)(3.7M)
Selling And Marketing Expenses3.3M3.4M2.1M1.9M2.6M2.5M
Net Income From Continuing Ops17.1M(10.4M)11.7M(4.3M)9.9M9.8M
Non Operating Income Net Other458K336K373K416K478.4K453.8K
Tax Provision4.8M(4.1M)3.4M(1.8M)2.6M5.0M
Net Interest Income(1.2M)(540K)(110K)(519K)(1.6M)(1.7M)
Reconciled Depreciation7.1M6.8M7.8M8.8M9.0M8.4M

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Additional Tools for Hooker Stock Analysis

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.