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News Digest / StockInvest.us

Author: StockInvest.us
04:01pm, Friday, Sep 12, 2025
Hooker trims costs, lifts cash flow but sales slump and losses persist
Hooker Furnishings Corporation (NASDAQ: HOFT) - Quick take Inside the company: management is executing a multi‑phase cost reduction and restructuring plan while shifting inventory and fulfillment offshore (Vietnam warehouse now ~two‑thirds full). The company closed or is exiting the Savannah/Geor...
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