<!DOCTYPE html><html lang="en"><head><meta http-equiv="origin-trial" content="A/kargTFyk8MR5ueravczef/wIlTkbVk1qXQesp39nV+xNECPdLBVeYffxrM8TmZT6RArWGQVCJ0LRivD7glcAUAAACQeyJvcmlnaW4iOiJodHRwczovL2dvb2dsZS5jb206NDQzIiwiZmVhdHVyZSI6IkRpc2FibGVUaGlyZFBhcnR5U3RvcmFnZVBhcnRpdGlvbmluZzIiLCJleHBpcnkiOjE3NDIzNDIzOTksImlzU3ViZG9tYWluIjp0cnVlLCJpc1RoaXJkUGFydHkiOnRydWV9">
  
<script type="text/javascript" async="" src="https://www.google-analytics.com/analytics.js"></script><script type="text/javascript" async="" src="https://www.googletagmanager.com/gtag/js?id=UA-113590965-4&amp;l=dataLayer&amp;cx=c"></script><script type="text/javascript" async="" charset="utf-8" src="https://www.gstatic.com/recaptcha/releases/EGbODne6buzpTnWrrBprcfAY/recaptcha__en.js" crossorigin="anonymous" integrity="sha384-zYfvuq6xV6aLevocYkVfLId59jcIkDZniQX2TsTt9LIa0Tf1ORHFh4oKI1naLgGF"></script><script async="" src="https://www.googletagmanager.com/gtag/js?id=G-REPSH58KSM"></script>


<script async="" src="https://www.googletagmanager.com/gtm.js?id=GTM-5KBPWNG"></script>


<meta charset="utf-8">
<meta http-equiv="content-language" content="en">
<meta name="google" content="notranslate">
<title>HOFT - Earnings call transcript Q2 2025 | Hooker Furnishings Corporation</title>

<meta property="og:title" content="HOFT - Earnings call transcript Q2 2025">
<meta property="og:description" content="2025 Q2 earnings call transcript for Hooker Furnishings Corporation">
<meta property="og:image" content="https://files.capedge.com/images/logo/1077688.png">
<meta property="og:url" content="https://capedge.com/transcript/1077688/2025Q2/HOFT">

<meta property="og:type" content="website">
<meta name="twitter:card" content="summary_large_image">

<meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=no, shrink-to-fit=no">
<link rel="stylesheet" href="/css/style.css?v=20240910T085455">
<link rel="icon" sizes="32x32" type="image/png" href="/img/icon-200.png">
<link rel="apple-touch-icon" sizes="200x200" href="/img/icon-200.png">
<link rel="canonical" href="https://capedge.com/transcript/1077688/2025Q2/HOFT">



</head>
<body class="plan-free no-sidebar-wrap">

  <a name="pageTop" id="pageTop"></a>

  <div id="alert-container"></div>

  <div class="d-lg-none" id="mobile-mode-canary"></div>

  <div id="main-container">

    <div id="above-footer">

      <div class="container">

        <div class="row align-items-center py-3 py-lg-2 d-print-none">
          <div class="col-4 col-lg-3 order-1 pr-0">
            <a href="/user/dashboard" id="logo-container"><img src="/img/capedge-logo-by-finsight.svg?v=20240910T085455" alt="CapEdge" width="174" height="37"></a>
          </div>
          <div class="col-12 col-lg order-3 order-lg-2 pt-3 pt-lg-0">
            
<form action="/search" method="get" id="mainSearchForm" spellcheck="false" autocomplete="off" role="search">
    <div class="input-group">
        <div class="tokenInput tokeninput-container tokeninput-empty flex-grow-1 form-control header-search">
            <input id="searchInput" type="search" name="q" placeholder="Search by ticker, company or words in SEC filings" value="" tabindex="1" autocomplete="off" autocorrect="off" autocapitalize="off" style="width: 100%;">
            <script class="tokeninput-data" type="application/json">
            {
                "resultDataProp":"suggestions",
                "resultTextProp":"name",
                "resultValueProp":"value",
                "url":"/search/suggestions?profiles=true&q=$query&ctxType=company&ctxVal=1077688",
                "values":[],
                "type":"lookup",
                "completionGroups" : {
                    "profiles" : { "heading" : "Filing Profile", "newOption" : false },
                    "searches" : { "heading" : "Search Across Filings, News and Transcripts", "newOption" : false }
                },
                "autoSuggestMode":true
            }
            </script>
        </div>
        <div id="searchLoading">Loading</div>
        <div id="searchAdvanced" class="d-none"><a href="/help/search" tabindex="2">Advanced</a></div>
    </div>
</form>

          </div>
          <div class="col-8 col-lg-3 order-2 order-lg-3">
            

<div class="d-flex justify-content-end align-items-center user-action-buttons">
	
	<a href="https://help.capedge.com/release-notes/" target="_blank" class="mr-4 text-decoration-none header-help-link"><span class="d-xxl-none"><i class="fe fe-help-circle d-block"></i></span><span class="d-none d-xxl-block"><i class="fe fe-info"></i> What's new?</span></a>

	<div class="btn-toolbar align-items-center" role="toolbar" id="favourites-toolbar">
		<div class="btn-group" role="group">
			
					<button type="button" id="btn-toggle-favourites" class="btn top-level active" data-toggle="tooltip" data-placement="bottom" title="" data-click-toggle="favourites-col" data-original-title="Toggle favorites"><i class="fe fe-star"></i></button>
				
					<button type="button" id="btn-toggle-alerts" class="btn top-level" data-toggle="tooltip" data-placement="bottom" title="" data-click-toggle="alerts-col" data-original-title="Toggle alert feed"><i class="fe fe-bell"></i></button>
				
					<button type="button" id="btn-toggle-notes" class="btn top-level" data-toggle="tooltip" data-placement="bottom" title="" data-click-toggle="notes-col" data-original-title="Toggle note list"><i class="fe fe-edit"></i></button>
				
			<div class="btn-group" role="group">
				<button class="btn top-level dropdown-toggle user-plan-free" type="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false">TS</button>
				<div class="dropdown-menu dropdown-menu-right">
					<a class="dropdown-item" href="/user/edit">
						<i class="dropdown-icon fe fe-user"></i>Edit profile
					</a>
					<a class="dropdown-item" href="/user/changepassword">
						<i class="dropdown-icon fe fe-shield"></i>Change password
					</a>
					<a class="dropdown-item" href="/user/settings">
						<i class="dropdown-icon fe fe-sliders"></i>Email settings
					</a>
					<a class="dropdown-item" href="/user/myaccount">
						<i class="dropdown-icon fe fe-info"></i>Manage my account
					</a>
					<a class="dropdown-item" href="/user/support">
						<i class="dropdown-icon fe fe-life-buoy"></i>Support
					</a>
					<div class="dropdown-divider"></div>
					<div class="dropdown-item">
						<form action="/user/logout" method="post">
							<button type="submit" class="btn btn-sm btn-outline-primary w-100">Logout</button>
						</form>
					</div>
				</div>
			</div>
		</div>
	</div>
</div>



          </div>
        </div>

        
<div class="row d-print-none">
    <div class="col">
        <ul class="nav nav-tabs align-items-center" id="primary-menu" data-test="menuMain">
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/">Home</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/sector"><span class="d-none d-lg-inline">Sectors &amp; Industries</span><span class="d-lg-none">Sectors</span></a>
			</li>
			
			<li class="nav-item separator"></li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/earnings-calendar">Earnings</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/ipo-calendar">IPOs</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/spacs">SPACs</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/transcript/by/companyId/all">Transcripts</a>
			</li>
			
			<li class="nav-item separator"></li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/insider">Insider</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/institutional">Institutional</a>
			</li>
			
			<li class="nav-item separator"></li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/crypto">Crypto</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/screener/stock">Screeners</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/social">Reddit</a>
			</li>
			
			
			<li class="nav-item" data-test="menuMainItem">
				<a class="nav-link" href="/stock-split-calendar">Splits</a>
			</li>
			
			
			<li class="nav-item right" data-test="menuMainItem">
				<a class="nav-link" href="/user/dashboard">My Dashboard</a>
			</li>
			
			
		</ul>
	</div>
</div>

        
        <div class="row flex-nowrap pb-5" id="columns-row" data-open="1">

            
            <div class="col order-2 sticky-scrolly user-feed-col mobile-toggle-only-one d-print-none " id="favourites-col">
              
<div class="">
	<div class="btn-toolbar align-items-center w-100" role="toolbar" id="favourites-toolbar">
		<div class="mr-auto toolbar-title" data-count="0">Favorites</div>
		<div class="btn-group" role="group">
			<button type="button" class="btn btn-sm" data-toggle="modal" data-target="#modalAddFavourite"><i class="fe fe-plus-circle"></i></button>
			<button type="button" class="btn btn-sm d-md-none" data-click-toggle="favourites-col"><i class="fe fe-x"></i></button>
		</div>
	</div>
</div>

<div class="br">
	<ul id="favourites-list" class="list-unstyled mb-0 w-100 empty-placeholder" data-count="0"></ul>
</div>
            </div>
            <div class="col order-3 sticky-scrolly user-feed-col mobile-toggle-only-one d-print-none  collapsed" id="alerts-col">
              <div class="">
	<div class="btn-toolbar align-items-center w-100" role="toolbar" id="alerts-toolbar">
		<div class="mr-auto toolbar-title">Alert feed</div>
		<div class="btn-group" role="group">
			<button type="button" class="btn btn-sm" data-toggle="modal" data-target="#modalAlertSettings" id="btn-alert-config"><i class="fe fe-settings"></i></button>
			<button type="button" class="btn btn-sm d-md-none" data-click-toggle="alerts-col"><i class="fe fe-x"></i></button>
		</div>
	</div>
</div>

<div class="br">
	<ul id="alerts-list" class="list-unstyled mb-0 block-list w-100 empty-placeholder">
    </ul>

</div>
            </div>
            <div class="col order-4 sticky-scrolly user-feed-col mobile-toggle-only-one d-print-none  collapsed" id="notes-col">
              
<div>
	<div class="btn-toolbar align-items-center w-100" role="toolbar" id="notes-toolbar">
		<div class="mr-auto toolbar-title" data-count="0">Notes</div>
		<div class="btn-group" role="group">
			<div>
				<div id="add-note-recaptcha" class="g-recaptcha" data-sitekey="6Le1YlooAAAAAIpAmJQ9Vu8FsSGGsncij4tpVSol" data-callback="recaptchaAddNote" data-size="invisible"><div class="grecaptcha-badge" data-style="bottomright" style="width: 256px; height: 60px; display: block; transition: right 0.3s; position: fixed; bottom: 14px; right: -186px; box-shadow: gray 0px 0px 5px; border-radius: 2px; overflow: hidden;"><div class="grecaptcha-logo"><iframe title="reCAPTCHA" width="256" height="60" role="presentation" name="a-ev9xgeupe41l" frameborder="0" scrolling="no" sandbox="allow-forms allow-popups allow-same-origin allow-scripts allow-top-navigation allow-modals allow-popups-to-escape-sandbox allow-storage-access-by-user-activation" src="https://www.google.com/recaptcha/api2/anchor?ar=1&amp;k=6Le1YlooAAAAAIpAmJQ9Vu8FsSGGsncij4tpVSol&amp;co=aHR0cHM6Ly9jYXBlZGdlLmNvbTo0NDM.&amp;hl=en&amp;v=EGbODne6buzpTnWrrBprcfAY&amp;size=invisible&amp;cb=o2hba6nuz78k"></iframe></div><div class="grecaptcha-error"></div><textarea id="g-recaptcha-response" name="g-recaptcha-response" class="g-recaptcha-response" style="width: 250px; height: 40px; border: 1px solid rgb(193, 193, 193); margin: 10px 25px; padding: 0px; resize: none; display: none;"></textarea></div><iframe style="display: none;"></iframe></div>
				<button type="button" class="btn btn-sm prevent-double-click" id="add-note-button"><i class="fe fe-plus-circle"></i></button>
			</div>
			<div class="dropdown" id="note-sort">
				<button class="btn btn-sm" type="button" id="dropdownMenuButton" data-toggle="dropdown">
					<i class="fe fe-settings"></i>
				</button>
				<div class="dropdown-menu dropdown-menu-right">
					<h6 class="dropdown-header">Sort notes by</h6>
					
					<button class="dropdown-item active" data-sort="created">Created</button>
					
					<button class="dropdown-item" data-sort="updated">Updated</button>
					
					<button class="dropdown-item" data-sort="title">Alphabetical</button>
					
				</div>
			</div>
			<button type="button" class="btn btn-sm d-md-none" data-click-toggle="notes-col"><i class="fe fe-x"></i></button>
		</div>
	</div>
</div>

<div class="br">
	<ul id="notes-list" class="list-unstyled mb-0 block-list w-100 empty-placeholder" data-limit="" data-count="0" data-num-displayed="" data-per-page="20"></ul>
	<div id="note-list-end"></div>
</div>
            </div>
            

            <div class="col order-1 resp-container resp-sm resp-md resp-lg" id="main-col" data-observe-resizes="true">

              <div class="d-flex flex-column">
                
                  
<div class="row mb-3 d-print-none secondary-menu-row order-2">
    <div class="col">
        <ul class="nav nav-tabs align-items-center px-4" id="secondary-menu" data-test="secondaryMenu">
            
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT">
                        <span class="tab-ticker">HOFT</span> Dashboard
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/financials">
                        Financials
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/filings">
                        Filings
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/transcript/by/companyId/1077688">
                        Transcripts
                    </a>
                </li>
                
                <li class="nav-item separator"></li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/etfs">
                        ETFs
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/insider-ownership-history">
                        Insider
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/institutional-ownership-history">
                        Institutional
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/short-interest">
                        Shorts
                    </a>
                </li>
                
                <li class="nav-item separator"></li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/company/1077688/HOFT/news">
                        News
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/patent/by/companyId/1077688">
                        Patents
                    </a>
                </li>
                
                
                <li class="nav-item " data-test="secondaryMenuItem">
                    <a class="nav-link" href="/social/by/companyId/1077688">
                        Reddit
                    </a>
                </li>
                
                
                <li class="nav-item active" data-test="secondaryMenuItem">
                    <div class="nav-link" href="https://capedge.com/transcript/1077688/2025Q2/HOFT">
                        2025 Q2 Transcript
                    </div>
                </li>
                
                
        </ul>
    </div>
</div>
                  

                
                  
<div class="row align-items-center py-6">
    <div class="col">
        <h1 class="page-title" data-test="pageTitle">
            
                <span class="company-name">
                    Hooker Furnishings
                    
                        (HOFT)
                        
                </span>
                
                
            
            <span class="banner-crumb">5 Sep 24</span><span class="banner-crumb">2025 Q2 Earnings call transcript</span>
        </h1>
        
        
        <div class="my-1 text-muted-dark">
            
            Company Profile
            
        </div>
        
    </div>
    
    
</div>

                
              </div>

              <div class="row" id="main-content-cols">
                
                <div class="col order-1 sticky-scrolly mobile-toggle-only-one d-print-none  default-sidebar-column" id="sidebar-col">
                  <div class="text-center mb-5 mobile-toggle-button-cont"><button type="button" class="btn btn-sm btn-outline-primary ml-auto" data-click-toggle="sidebar-col">&lt; Back</button></div>
                  <div class="transcript-sidebar">
    <div class="sidebar-annotations-container"><div class="annotator-editor card" style="display: none;">
  <form>
    <div class="card-header"><div class="card-title not-in-menu"><div class="d-block">Add <span class="annotation-type"></span></div></div></div>
    <div class="card-body">
      <ul class="annotator-listing"><li class="annotator-field form-group"><div class="quote" id="annotator-field-0" placeholder="Quote"></div></li><li class="annotator-field form-group"><textarea rows="3" class="form-control" id="annotator-field-1" placeholder="Comments…"></textarea></li><li class="annotator-field form-group"><label class="custom-switch pl-0"><input type="checkbox" class="custom-switch-input" id="annotator-field-2" placeholder="Visible to public"><span class="custom-switch-indicator"></span><span class="custom-switch-description">Visible to public</span></label></li><li class="annotator-field form-group"><input type="hidden" class="form-control" id="annotator-field-3" placeholder="In Reply To"></li></ul>
      <div class="annotator-controls d-flex justify-content-between">
        <button class="btn btn-primary annotator-save annotator-focus">Save <span class="annotation-type"></span></button>
        <button class="btn btn-link annotator-cancel">Cancel</button>
      </div>
    </div>
  </form>
</div><div class="annotator-viewer card" style="display: none;">
        <div class="card-header">
            <div class="card-title">Annotations</div>
            <button type="button" class="btn btn-light ml-auto mobile-toggle-button-cont" id="close-mobile-annotations"><i class="fe fe-x"></i></button>
        </div>
        <ul class="card-body annotator-listing"></ul>
    </div></div>
    <div class="card">
  <div class="card-header">
    <div class="card-title">Share this transcript</div>
  </div>
  <div class="card-body">
    <ul class="social-links list-inline mb-0">
      <li class="list-inline-item m-0">
        <a href="https://twitter.com/share?url=https%3A%2F%2Fcapedge.com%2Ftranscript%2F1077688%2F2025Q2%2FHOFT" target="_blank" rel="noreferrer noopener" data-toggle="tooltip" data-placement="top" title="" data-original-title="Share via Twitter"><i class="fe fe-twitter"></i></a>
      </li>
      <li class="list-inline-item m-0">
        <a href="https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fcapedge.com%2Ftranscript%2F1077688%2F2025Q2%2FHOFT&amp;title=HOFT%20-%20Earnings%20call%20transcript%20Q2%202025%20%7C%20Hooker%20Furnishings%20Corporation" target="_blank" rel="noreferrer noopener" data-toggle="tooltip" data-placement="top" title="" data-original-title="Share via LinkedIn"><i class="fe fe-linkedin"></i></a>
      </li>
      <li class="list-inline-item m-0">
        <a href="mailto:?subject=HOFT%20-%20Earnings%20call%20transcript%20Q2%202025%20%7C%20Hooker%20Furnishings%20Corporation&amp;body=https%3A%2F%2Fcapedge.com%2Ftranscript%2F1077688%2F2025Q2%2FHOFT" data-toggle="tooltip" data-placement="top" title="" data-original-title="Share via Email"><i class="fe fe-mail"></i></a>
      </li>
      <li class="list-inline-item m-0">
        <a href="#" id="print-button" data-toggle="tooltip" data-placement="top" title="" data-original-title="Print"><i class="fe fe-printer"></i></a>
      </li>
      <li class="list-inline-item mr-0">
        <a href="#" id="copy-link-button" data-toggle="tooltip" data-placement="top" title="" data-original-title="Copy URL to clipboard"><i class="fe fe-link"></i></a>
      </li>
    </ul>
  </div>
</div>

    
<div class="card">
    <div class="card-header">
        <div class="card-title">Recent HOFT transcripts</div>
    </div>
    <ul class="container transcript-sidebar-list list-unstyled">
        
            <li>
                
<a class="row item-row d-block transcript active" href="/transcript/1077688/2025Q2/HOFT">
    <div class="d-flex">
        
        
        
        <div class="title label-col">Earnings call transcript</div>
        
        
        
        <div class="filing-type-col">
            <div class="filing-period">2025 Q2</div>
        </div>
        <div class="date">5 Sep 24</div>
    </div>
    
</a>

            </li>
        
            <li>
                
<a class="row item-row d-block transcript" href="/transcript/1077688/2025Q1/HOFT">
    <div class="d-flex">
        
        
        
        <div class="title label-col">Earnings call transcript</div>
        
        
        
        <div class="filing-type-col">
            <div class="filing-period">2025 Q1</div>
        </div>
        <div class="date">6 Jun 24</div>
    </div>
    
</a>

            </li>
        
            <li>
                
<a class="row item-row d-block transcript" href="/transcript/1077688/2024Q4/HOFT">
    <div class="d-flex">
        
        
        
        <div class="title label-col">Earnings call transcript</div>
        
        
        
        <div class="filing-type-col">
            <div class="filing-period">2024 Q4</div>
        </div>
        <div class="date">11 Apr 24</div>
    </div>
    
</a>

            </li>
        
            <li>
                
<a class="row item-row d-block transcript" href="/transcript/1077688/2024Q3/HOFT">
    <div class="d-flex">
        
        
        
        <div class="title label-col">Earnings call transcript</div>
        
        
        
        <div class="filing-type-col">
            <div class="filing-period">2024 Q3</div>
        </div>
        <div class="date">7 Dec 23</div>
    </div>
    
</a>

            </li>
        
            <li>
                
<a class="row item-row d-block transcript" href="/transcript/1077688/2024Q2/HOFT">
    <div class="d-flex">
        
        
        
        <div class="title label-col">Earnings call transcript</div>
        
        
        
        <div class="filing-type-col">
            <div class="filing-period">2024 Q2</div>
        </div>
        <div class="date">8 Sep 23</div>
    </div>
    
</a>

            </li>
        
    </ul>
</div>



    
<div class="card">
    <div class="card-header">
        <div class="card-title">Associated HOFT filings</div>
    </div>
    <ul class="card-body filing-sidebar-list list-unstyled mb-0">
        
            <li class="clearfix ">
    <a href="/filing/1077688/0001185185-24-000870/10Q-2025Q2" class="text-truncate filing-link">
        
        <span class="filing-date">2025 Q2</span>
        
        
        <span class="text-nowrap filing-type type-10Q type-financial">10-Q</span>
        
        <span class="filing-description ">Quarterly report</span>
    </a>
    
</li>

        
    </ul>
</div>



</div>

                </div>
                
                <div class="col order-2">


<button type="button" class="btn btn-sm btn-outline-primary mb-5 mx-auto d-block mobile-toggle-button-cont" data-click-toggle="sidebar-col"><i class="fe fe-more-vertical"></i> Transcript menu</button>

<div class="card transcript">
    <div class="card-header">
        <div class="card-title">Participants</div>
    </div>
    <div class="card-body">
        <table class="participant-list">
            
            <tbody><tr class="participant">
                <td class="name">Paul Huckfeldt</td>
                <td class="role">executive</td>
            </tr>
            
            <tr class="participant">
                <td class="name">Jeremy Hoff</td>
                <td class="role">executive</td>
            </tr>
            
            <tr class="participant">
                <td class="name">Anthony Lebiedzinski</td>
                <td class="role">analyst</td>
            </tr>
            
            <tr class="participant">
                <td class="name">David Joseph Storms</td>
                <td class="role">analyst</td>
            </tr>
            
        </tbody></table>
    </div>
</div>





<div class="card transcript">
    <div class="card-header">
        <div class="card-title">Call transcript</div>
    </div>
    <div class="card-body transcript-container">
        
        
        
            <div class="speech">
                <div class="participant-name">Operator</div>
                <div class="content">
                    <p>Good day, and thank you for standing by. Welcome to the Hooker Furnishings Corp.</p>
                        <p>Second Quarter 2025 Earnings Webcast. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Paul Huckfeldt, Chief Financial Officer. Please go ahead.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>Thank you, Daniel. Good morning, and welcome to our quarterly conference call to review financial results for the fiscal 2025 second quarter, which began April 29 and ended July 28, 2024.</p>
                        <p>Joining me this morning is Jeremy Hoff, our Chief Financial Officer. We appreciate your participation -- I mean, our Chief Executive Officer, I'm sorry. We appreciate your participation today.</p>
                        <p>During our call, we may make forward-looking statements, which are subject to risks and uncertainties. A discussion of factors that could cause our actual results to differ materially from management's expectations is contained in our press release and SEC filing announcing our fiscal 2025 second quarter results. Any forward-looking statement speaks only as of today, and we undertake no obligation to update or revise any forward-looking statements to reflect events or circumstances after today's call.</p>
                        <p>Despite persistent weak market conditions, sales in the second quarter, typically our slowest quarter, outperformed the first quarter. This morning, we reported consolidated net sales of $95 million for the fiscal 2025 second quarter, a decrease of $2.7 million or 2.8% as compared to the last year's second quarter. The low single-digit sales decrease was a solid sequential improvement from last quarter's double-digit sales reduction.</p>
                        <p>Net sales decreased by $2.3 million at Domestic Upholstery and $1.6 million at Hooker Branded while Home Meridian saw an increase of $1.6 million, driven by strong sales in its Hospitality business, which more than offset the loss of $3.5 million of liquidation sales from the unprofitable ACH product line we exited last year.</p>
                        <p>We recorded a consolidated operating loss of $3.1 million and a net loss of $2 million or $0.19 per diluted share. Both operating and net losses improved compared to the first quarter's losses of $5.2 million and $4.1 million, respectively.</p>
                        <p>During the fiscal 2025 6-month period, consolidated net sales decreased by $31 million or 14% compared to the same period last year, also due to persistent low demand for home furnishings, driven by macroeconomic uncertainties. The absence of $11 million in revenue from the ACH product line accounted for approximately 35% of the sales decrease. We recorded a consolidated operating loss of $8.2 million and a net loss of $6 million or $0.57 per diluted share for the first half.</p>
                        <p>Now I'll turn the call over to Jeremy to comment on our fiscal 2025 second quarter results.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>Thank you, Paul, and good morning, everyone. Challenges in the macroeconomic and furniture retail environment have extended well beyond our expectations. The combination of high interest rates, housing shortage and elevated home prices have created a sustained housing downturn for over 2 years.</p>
                        <p>While retail sales are doing well overall, furniture retail is not. In response, we continue to focus on the things we can control to ensure we're in the best possible position to grow when the macro environment improves.</p>
                        <p>As we announced last quarter, we have begun a cost reduction plan aimed at reducing fixed cost by 10% for a total of $10 million in annualized savings.</p>
                        <p>As of now, we expect to exceed that target.</p>
                        <p>Approximately $5 million in savings is expected to be realized this fiscal year, split between the third and fourth quarters. In our cost reduction measures, we are focused on reducing non-strategic costs while continuing to invest in revenue and profit-generating initiatives. Reductions will come from the consolidation of certain operations and fixed cost reductions, including reducing the company's Savannah warehouse footprint by half and restructuring the BOBO business into the Hooker Branded business, eliminating BOBO's retail store and separate warehouse among other measures.</p>
                        <p>In addition, the company just completed an early retirement offer to qualifying employees and just yesterday, further reduced our workforce for an annualized savings of almost $6 million.</p>
                        <p>We expect to record $3 million of severance expenses in our fiscal '25 third quarter.</p>
                        <p>While we continue to focus on our growth, in April, industry veteran, Caroline Hipple, joined us in the new position of Chief Creative Officer to lead a remerchandising of Hooker legacy brands, which aims to position the company as a more integrated whole home, consumer-centric resource with an elevated aesthetic and presentation.</p>
                        <p>While early in this shift in our merchandising strategy, we have had a very positive reaction from customers and previews of new products targeted for the next High Point market.</p>
                        <p>Our partners' positive feedback has given us the confidence to place initial cuttings prior to the October High Point market launch.</p>
                        <p>Essentially, this gives us a 3-month head start on selling these products. The increased speed to market mentality helps strengthen our assortment for next year. We remain confident that the strategies we are pursuing in operations, marketing and merchandising are transformative. Extended downturns present opportunities to recalibrate and reinvent aspects of our business.</p>
                        <p>Now I want to turn the discussion over to Paul, who will discuss highlights in each of our segments.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>Thanks, Jeremy. The Hooker Branded segment net sales decreased by $1.6 million or 4.5% in the second quarter compared to the prior period, primarily due to lower average selling prices following price reductions implemented in the second half of last year, driven by reduced ocean freight costs.</p>
                        <p>Unit volume, however, exceeded the prior year second quarter by 11% and improved compared to the first quarter. The quarter end order backlog remains 20% higher than pre-pandemic levels at the end of the fiscal 2020 second quarter.</p>
                        <p>For the current 6-month period, net sales decreased $9.7 million or 12%, driven by the same decrease in average selling prices, and to a lesser extent, decreased unit volume in the first quarter, reflecting the ongoing industry headwinds.</p>
                        <p>Moving on to the Home Meridian segment, we saw several improvements.</p>
                        <p>HMI net sales increased by $1.6 million or 5.6% in the second quarter, primarily driven by strong performance in the Hospitality division. This marks the first year-over-year quarterly sales increase in 2 years for this segment.</p>
                        <p>Additionally, sales through major furniture chains and mass merchants increased during the quarter. These gains were partially offset by decreases in sales to independent furniture stores and through the e-commerce channel. The quarter end backlog was 2% higher than the same period last year and 22% higher than the fiscal 2024 year-end back in January.</p>
                        <p>Home Meridian reported an increase in gross profit, achieving a gross margin of 19.5%, one of the highest levels since the acquisition of that business in 2016. The quarterly operating loss was below $1 million, which is an improvement from the $3.4 million loss in the first quarter and the $3.3 million loss in the prior year same period.</p>
                        <p>We believe we've reached the point at HMI, where we have a significant path to profitability that is sustainable for the foreseeable future once demand normalizes for the Home Furnishings industry. The current 6-month period, net sales decreased by $13.9 million or 19% at HMI, largely due to the absence of $11 million of ACH liquidation sales.</p>
                        <p>The remaining decrease was attributable to lower sales through independent furniture stores and e-commerce, while partially offset by increased sales in the Hospitality business. Domestic Upholstery segment net sales decreased by $2.3 million or 7.6% in the second quarter, primarily due to lower unit volumes of Bradington-Young and HF Custom.</p>
                        <p>Sunset West and Shenandoah each reported single-digit sales increases. Industry weakness continues to affect order rates and backlog levels, leading to reduced production at Bradington-Young and HF Custom for this quarter.</p>
                        <p>On a more positive note, excluding Sunset West, the order backlog remains 20% higher than pre-pandemic levels at the end of the fiscal 2020 second quarter. Sunset West's net sales increased during the quarter, following a 20% increase in revenues last quarter.</p>
                        <p>Now that we've repositioned Sunset West from a West Coast-centric distribution and supply chain to a bicoastal operation, the division is hitting its stride, and we believe it will be a key area for growth for our company. Approximately 50% of demand is now coming from the East Coast, a trend that we believe will continue to grow.</p>
                        <p>For the 6-month period, net sales in this segment decreased by $7.4 million or 11% with Bradington-Young, HF Custom and Shenandoah all experiencing sales decreases, while Sunset West reported a 10.7% sales increase.</p>
                        <p>Moving now to cash, debt, inventory. Cash and cash equivalents were $42.1 million at the end of the second quarter, down $1.1 million from the fiscal year-end, but up $1.2 million from the first quarter, which ended back in April. Inventory levels decreased by $4.7 million during -- from year-end.</p>
                        <p>During the 6-month period, we used cash and cash equivalents on hand as well as $5.3 million of cash generated from operating activities to fund $4.9 million in cash dividends, $2.4 million to further develop our cloud-based ERP system, and $1.4 million of capital expenditures.</p>
                        <p>In addition to our cash balance, we had an aggregate of $28 million available under our existing revolver at quarter end to fund our working capital needs as well as $29.4 million of cash surrender value of company-owned life insurance. Focused inventory management and capital expenditures as well as diligent expense management, we believe we have sufficient financial resources to support our business operations and continue our 50-plus year history of paying quarterly dividends for the foreseeable future.</p>
                        <p>We're in the process of refinancing our credit facility and expect to have that completed in the near future.</p>
                        <p>In addition, we plan to pay off $22 million of term debt during the third quarter, demonstrating our confidence in our company's future.</p>
                        <p>Now I'll turn the discussion back to Jeremy for his outlook.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>Thank you, Paul.</p>
                        <p>We are encouraged that inflation hit its lowest post-pandemic level in July with the consumer price index cooling to 2.9%, setting up a possible interest rate cut in September. There's been a recent surge in mortgage refinancing in August, which is another positive indicator as consumers will benefit from higher monthly disposable income from lower monthly payments on credit cards, homes and cars.</p>
                        <p>We believe that if the interest rates are lowered, housing activity will accelerate.</p>
                        <p>While the U.S. Department of Commerce reported its 17th consecutive month of lower home furnishings retail sales in July, overall retail sales rose about 3% during the same period, and the University of Michigan Consumer Sentiment Index rose in August for the first time since March.</p>
                        <p>Additionally, existing home sales grew in July ending a 4-month sales decline.</p>
                        <p>Our strong balance sheet, financial condition and seasoned management team will allow us to navigate the remaining downturn as we focus on maximizing efficiencies with the planned cost reductions.</p>
                        <p>We'll continue investing in expansion strategies that will position us for improved profitability and revenue growth when demand returns. This ends the formal part of our discussion. And at this time, I will turn the call back over to our operator, Daniel, for questions.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Operator</div>
                <div class="content">
                    <p>[Operator Instructions] Our first question comes from Anthony Lebiedzinski with Sidoti.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Anthony Lebiedzinski</div>
                <div class="content">
                    <p>And certainly nice to see the sequential improvements and the continued strong balance sheet.</p>
                        <p>So first, can you just -- guys, just comment on the monthly progression of shipments and orders that you saw during the quarter?</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>I think it's pretty steady throughout the quarter. I would say -- it's -- business has still got a lot to go to recover. And I think we're sort of bouncing along.</p>
                        <p>I think that's true for both the orders and shipments at this point.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Anthony Lebiedzinski</div>
                <div class="content">
                    <p>Got it. And just wondering if you guys saw any notable regional or geographic differences in terms of your sales patterns?</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>Not really. I mean it's interesting because more times than not, you would see that. But it seems to be what I'll call kind of equally tough everywhere. It's not as regional as you would usually see it is how I would describe it right now.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Anthony Lebiedzinski</div>
                <div class="content">
                    <p>Got you. And Jeremy, you said earlier that you guys expect to exceed the target for cost cuts of the $10 million.</p>
                        <p>So can you expand on that? And I don't know if there's any -- I don't know if you're prepared to share any additional numbers, but if you could just -- where are you finding opportunities to further streamline the business?</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>Well, our first objective when we started the exercise and announced to the public that we were doing this is we went to really every cost center that we have throughout the company and try to find any non-personnel, non-strategic costs that we could eliminate to reach as much savings as possible that was non-personnel related.</p>
                        <p>Once we were through that exercise, we, of course, went to the personnel as well. And again, even with the personnel, we were very focused on making sure we weren't eliminating strategic cost in order to be able to execute our organic growth strategy that's in place. I know I'm not specifically answering your question, but I will tell you that when we say we're confident we will surpass the $10 million, we are very confident we will surpass the $10 million.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Anthony Lebiedzinski</div>
                <div class="content">
                    <p>Okay, that's fair. That's fair enough. And then so as far as HMI, certainly, a nice gross margin there, 19.5%. And this is still obviously a tough operating environment.</p>
                        <p>So when the business does improve, what would be a reasonable margin or gross margin that is for HMI, you think once the business recovers.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>Paul and I believe 20% would be a reasonable mark for our goal for HMI. And it's just to stress, we haven't raised prices. We've simply been able to exit businesses that were dragging that overall margin down.</p>
                        <p>So that's really given us the opportunity we have to improve that number.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>Yes. And there's been a focus on making sure that the margins on the programs that we have are right.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>Yes.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>So now it's a matter of just growing sales. The SG&amp;A leverage is where the profitability will come.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Anthony Lebiedzinski</div>
                <div class="content">
                    <p>Got you. And then my last question before I pass it on to others.</p>
                        <p>So the Labor Day obviously is a big holiday for the home furniture sector, I certainly realize that we're only a few days away from the holiday.</p>
                        <p>But just wondering, what are you hearing from your retail partners coming out of the holiday in terms of what the traffic or order patterns or anything like that? If you could share, that would be great.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>As far as from our retailers, we heard it was a reasonably good holiday. They were obviously needed after a tough summer from a little more tangible. But not very long trend standpoint, our order rates have been pretty good, actually, really good right after the holiday weekend, which tells me that we did pretty well.</p>
                        <p>So as an industry, better than we've been doing.</p>
                        <p>So that's a good sign, even though it's a pretty short -- it's not really a trend yet.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Operator</div>
                <div class="content">
                    <p>[Operator Instructions] Our next question comes from Dave Storms with Stonegate.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">David Joseph Storms</div>
                <div class="content">
                    <p>When thinking about the outlook and maybe just the duration of the remaining downturn, are there any greenshoots that we should be taking a look at? It seems like backlog is remaining fairly stable. Volumes are coming up in Branded, sequential gross margin increases. Anything else that you're kind of keeping your eye on that we should think about, call it, for the next 2 to 4 quarters?</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>We've talked about -- we keep -- our focus is solely on how we get better, how we make sure our product line is at the right level, meaning hot enough, good enough for our customers. And can we ship quickly, can we achieve the speed to market we want to.</p>
                        <p>So all those factors for us, we think will improve our backlog as the year progresses. And one of our goals is to try to get the backlog as strong as we can going towards the last part of this year with really a high focus on the October market and trying to maximize that opportunity as much as we can, which would help the backlog.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>And our move to pre-cut multiple collections, we're trying to lead into a strong market with having product available so that we can try to jump start into the new year.</p>
                        <p>I think -- so that's what we're looking for is incoming orders and backlog right now.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>And we don't precut without understanding what our -- a significant part of our customer base feels about the product.</p>
                        <p>So there's been a lot of work to get out there and see our customers and understand where we are from a product level to be able to make that decision.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">David Joseph Storms</div>
                <div class="content">
                    <p>Understood. And then just turning to the income statement. It looks like a pretty sizable jump in other income. Is there any more color you could give us on what caused that jump both sequentially and year-over-year?</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>The biggest item is reversing an accrual for a potential earnout on an acquisition. That was about half of that increase. That would be a non-recurring item.</p>
                        <p>I think it's also to point out that our tax rates were weird this quarter. Because of our profitability and the impact of permanent differences on our tax rate, I would not use the current tax rate in any kind of forecast that you do. I'd go back to a more normal, like a 20%, 23% normalized tax rate while we're talking about that part of the income statement.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">David Joseph Storms</div>
                <div class="content">
                    <p>Understood. And then just one more from me. With regards to the cost savings, do you anticipate any corollary reduction in maintenance CapEx spending to go along with these cost savings?</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Paul Huckfeldt</div>
                <div class="content">
                    <p>We took another look at our capital budget for the year. And yes, we're deferring a fairly significant amount of CapEx.</p>
                        <p>I think most of the growth initiatives that Jeremy talks about are people and product related and not capital intensive.</p>
                        <p>So yes, we're pulling back on our capital spending to try to preserve cash.</p>
                        <p>As we see the economic conditions change, we'll reevaluate that. But I think we're deferring. We're not canceling projects, but right now, we're deferring.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Operator</div>
                <div class="content">
                    <p>I'm showing no further questions at this time. I would now like to turn it back to Jeremy Hoff for closing remarks.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Jeremy Hoff</div>
                <div class="content">
                    <p>I would like to thank everyone on the call for their interest in Hooker Furnishings. We look forward to sharing our fiscal '25 third quarter results in December. Take care.</p>
                        
                </div>
            </div>
        
            <div class="speech">
                <div class="participant-name">Operator</div>
                <div class="content">
                    <p>This concludes today's conference call. Thank you for participating.</p>
                        <p>You may now disconnect.</p>
                        
                </div>
            </div>
        
    </div>
</div>

                </div>
              </div>
            </div>
          </div>
        </div>
      </div>
      
<footer class="footer">
    <div class="container">
        <div class="row py-5">
            <div class="col-12 col-lg-auto">
                <a href="https://finsight.com" target="_blank" rel="noopener" class="no-icon mb-5 mb-lg-0">
                    <img src="/img/finsight.svg" alt="Finsight">
                </a>
            </div>
            <div class="col-12 col-lg-auto ml-lg-auto">
                <div class="row">
                    <div class="col">
                        <div class="link-title">Resources</div>
                        <ul class="list-unstyled">
                            <li><a href="https://help.capedge.com/" target="_blank">Knowledgebase</a></li>
                            
                                <li>
                                    <form action="/user/logout" method="post">
                                        <button type="submit" class="btn btn-link">Logout</button>
                                    </form>
                                </li>
                            
                        </ul>
                    </div>
                    <div class="col">
                        <div class="link-title">Company</div>
                        <ul class="list-unstyled">
                            <li><a href="https://finsight.com/about" target="_blank" rel="noopener">About</a></li>
                            <li><a href="https://finsight.com/contact-us" target="_blank" rel="noopener">Contact</a></li>
                            <li><a href="https://finsight.com/our-solutions" target="_blank" rel="noopener">Solutions</a></li>
                        </ul>
                    </div>
                    <div class="col">
                        <div class="link-title">Products</div>
                        <ul class="list-unstyled">
                            <li><a href="https://dealroadshow.finsight.com/" target="_blank" rel="noopener">Deal Roadshow</a></li>
                            <li><a href="https://dealvdr.com/" target="_blank" rel="noopener">DealVDR</a></li>
                            <li><a href="https://evercall.co/" target="_blank" rel="noopener">Evercall</a></li>
                            <li><a href="https://finsight.com/" target="_blank" rel="noopener">Finsight.com</a></li>
                        </ul>
                    </div>
                    <div class="col">
                        <div class="link-title">CapEdge</div>
                        <ul class="list-unstyled">
                            <li><a href="/earnings-calendar">Earnings Calendar</a></li>
                            <li><a href="/transcript/by/companyId/all">Earnings Transcripts</a></li>
                            <li><a href="/search?q=">EDGAR Filing Screener</a></li>
                            <li><a href="/ipo-calendar">IPO Calendar</a></li>
                        </ul>
                    </div>
                </div>
            </div>
        </div>
    </div>

    <div class="footer-bottom">
        <div class="container">
            <div class="row align-items-center">
                <div class="col-12 col-lg-auto">
                    <ul class="list-inline mb-0">
                        <li class="list-inline-item"><a href="https://finsight.com/compliance" target="_blank" rel="noopener">Compliance</a></li>
                        <li class="list-inline-item"><a href="https://finsight.com/privacy-policy" target="_blank" rel="noopener">Privacy</a></li>
                        <li class="list-inline-item"><a href="https://finsight.com/security-policy" target="_blank" rel="noopener">Security</a></li>
                        <li class="list-inline-item"><a href="https://finsight.com/terms-of-use" target="_blank" rel="noopener">Terms</a></li>
                    </ul>
                </div>
                <div class="col footer-icons text-lg-right">
                    <a href="https://angel.co/company/finsight-group" target="_blank" rel="noopener" class="no-icon">
                        <img src="/img/angel.svg" alt="AngelList">
                    </a>
                    <a href="https://www.linkedin.com/company/finsight/" target="_blank" rel="noopener" class="no-icon">
                        <img src="/img/linkedin.svg" alt="LinkedIn">
                    </a>
                </div>
            </div>
        </div>
    </div>
</footer>


    </div>

    
    <div class="cookiesBanner_container cookiesBanner_container__visible">
    <i class="cookiesBanner_close">
        <svg width="16" height="16" viewBox="0 0 16 16" xmlns="http://www.w3.org/2000/svg">
            <path d="M8.58719 7.3231C8.93627 7.67218 8.93627 8.23816 8.58719 8.58724C8.2381 8.93633 7.67213 8.93633 7.32304 8.58724L0.261813 1.52597C-0.0872709 1.17689 -0.0872709 0.61091 0.261813 0.261825C0.610896 -0.0872605 1.17687 -0.0872605 1.52596 0.261825L8.58719 7.3231Z"></path><path d="M1.52595 15.7382C1.17687 16.0873 0.610892 16.0873 0.261808 15.7382C-0.087275 15.3891 -0.0872754 14.8231 0.261808 14.474L7.32304 7.41277C7.67212 7.06368 8.2381 7.06368 8.58718 7.41276C8.93626 7.76185 8.93626 8.32783 8.58718 8.67691L1.52595 15.7382Z"></path><path d="M7.4128 8.6769C7.06372 8.32782 7.06372 7.76184 7.4128 7.41275C7.76189 7.06367 8.32786 7.06367 8.67695 7.41275L15.7382 14.474C16.0873 14.8231 16.0873 15.3891 15.7382 15.7382C15.3891 16.0873 14.8231 16.0873 14.474 15.7382L7.4128 8.6769Z"></path><path d="M14.474 0.261814C14.8231 -0.0872713 15.3891 -0.0872713 15.7382 0.261814C16.0873 0.610899 16.0873 1.17688 15.7382 1.52596L8.67695 8.58723C8.32787 8.93632 7.76189 8.93632 7.41281 8.58723C7.06373 8.23815 7.06373 7.67217 7.41281 7.32309L14.474 0.261814Z"></path>
        </svg>
    </i>
    <div class="cookiesBanner_content">
        <p class="cookiesBanner_text">
            We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our&nbsp;<a class="cookiesBanner_cookiesBannerLink__dvqOM" href="https://finsight.com/privacy-policy#cookiesPolicy" target="_blank">Cookie Policy</a>&nbsp;for more information.
        </p>
        <button type="button" class="cookiesBanner_btn btn btn-primary">I&nbsp;Agree</button>
    </div>
</div>
    

    
    <div class="modal fade" id="modalAddFavourite" tabindex="-1" role="dialog" aria-hidden="true">
  <div class="modal-dialog" role="document">
    <div class="modal-content">
      <div class="modal-header">
        <h3 class="modal-title">Add favorites</h3>
        <button type="button" class="close" data-dismiss="modal" aria-label="Close"></button>
      </div>

      <div class="modal-body">
        <ul class="nav nav-tabs" id="faveTabs" role="tablist">
          <li class="nav-item">
            <a class="nav-link active" id="manual-tab" data-toggle="tab" href="#manual" role="tab" aria-controls="manual" aria-selected="true">Choose</a>
          </li>
          <li class="nav-item">
            <a class="nav-link" id="upload-tab" data-toggle="tab" href="#upload" role="tab" aria-controls="upload" aria-selected="false">Upload list</a>
          </li>
        </ul>
        <div class="tab-content mt-3 pt-2" id="faveTabContent">
          <div class="tab-pane fade show active" id="manual" role="tabpanel" aria-labelledby="manual-tab">
            <form method="post" action="/user/batch-fave" spellcheck="false" autocomplete="off" id="batch-favorite-form">
  <input type="hidden" name="referrer" value="">

    <p>Type tickers, company names, or new folder names to organize your favorites.</p>
    <div class="tokenInput tokeninput-container fake-input fake-input-lg">
        <input type="text" placeholder="Ticker, company name, or new folder name…" name="favourites" autocomplete="off" autocorrect="off" autocapitalize="off" autofocus="on" size="42">
    <script class="tokeninput-data" type="application/json">
    {
    "resultDataProp":"companies",
    "resultTextProp":"name",
    "resultValueProp":"companyId",
    "url":"/search/company?needsXbrl=false&active=true&num=5&allowMultiple=true&q=$query",
    "values":[],
    "type":"lookup",
    "completionGroups" : {
      "companies" : { "heading" : "Companies", "newOption" : false, "singular" : "company" },
      "folders" : { "heading" : "Folder", "newOption" : true, "singular" : "folder" }
      }
    }
    </script>
    </div>
    


  <div class="d-flex mt-6 justify-content-between">
    <button type="submit" class="btn btn-primary">Add favorites</button>
    <button type="button" class="btn btn-link d-none d-md-inline-block" data-dismiss="modal">Cancel</button>
  </div>
</form>
          </div>
          <div class="tab-pane fade" id="upload" role="tabpanel" aria-labelledby="upload-tab">
            <div id="fave-upload-container">
  <form method="post" action="/user/add-from-favorite-file">

      <div class="not-uploaded">
        <p>
          Upload a CSV, TSV or Excel file of favorites to add (max 5 MB). We'll try to detect columns of tickers, company names, CIKs or CUSIPs. It doesn't
          matter if the file has a header row or not, what order the columns are in, or if you include additional columns that are exported from another system.
        </p>
        <p>
          If you want to organize your favorites into folders, then include a header row, with a column named <strong>Folder</strong> to
          specify a folder for each favorite, e.g. (in this example, the name column is optional):
          </p><pre>  Name,Ticker,Folder
  Apple Inc,AAPL,Watchlist
  Tesla Inc,TSLA,Watchlist
  Microsoft Inc,MSFT,Portfolio</pre>
        <p></p>
        <p>
          If you want to upload a list of favorite searches, then include a header row, with a <strong>Name</strong> column for the search
          terms, and a <strong>Type</strong> column with the value <em>search</em>, along with an optional <strong>Folder</strong> column e.g.
          </p><pre>  Type,Folder,Name
  search,Future Tech,bitcoin OR cryptocurrency
  search,Future Tech,S-1 drones
  search,Green Energy,TSLA "renewable energy"</pre>
        <p></p>
      </div>
      <div class="uploaded-only">
        <table id="matched-upload-table" class="table table-sm">
          <thead>
            <tr>
              <th></th>
              <th colspan="2" class="uploaded-count">Uploaded</th>
              <th colspan="2" class="matched-count">Matched</th>
              <th class="folder-only">Folder</th>
            </tr>
          </thead>
          <tbody></tbody>
        </table>
        <input type="hidden" name="uploadData" id="upload-data" value="">
        <div class="mt-5 p-3 bg-blue-lightest">
          <h6>Important:</h6>
          <div class="form-check">
            <input class="form-check-input" type="radio" name="actionExisting" id="actionExistingAdd" value="add" checked="">
            <label class="form-check-label" for="actionExistingAdd">Add to existing favorites</label>
          </div>
          <div class="form-check">
            <input class="form-check-input" type="radio" name="actionExisting" id="actionExistingReplace" value="replace">
            <label class="form-check-label" for="actionExistingReplace">Remove existing favorites that are not in this list</label>
          </div>
        </div>
      </div>


    <div class="d-flex mt-6 justify-content-between">
      <label class="btn btn-primary not-uploaded" for="upload-faves" id="upload-fave-button">
        Upload favorites list…
        <input type="file" id="upload-faves" class="d-none" name="files">
      </label>
      <button type="submit" class="btn btn-primary uploaded-only">Add selected favorites</button>
      <button type="button" class="btn btn-link d-none d-md-inline-block" data-dismiss="modal">Cancel</button>
    </div>
  </form>
</div>
          </div>
        </div>
      </div>

    </div>
  </div>
</div>

    <div class="modal fade" id="modalRenameFolder" tabindex="-1" role="dialog" aria-hidden="true">
  <div class="modal-dialog" role="document">
    <div class="modal-content">
      <div class="modal-header">
        <h3 class="modal-title">Rename folder</h3>
        <button type="button" class="close" data-dismiss="modal" aria-label="Close"></button>
      </div>
      <form method="post" action="/user/rename-fave" spellcheck="false" autocomplete="off">
        <div class="modal-body">
          <input type="text" class="form-control" placeholder="Type new folder name…" name="documentSpecifier" autocomplete="off" autocorrect="off" autocapitalize="off" autofocus="on" pattern="[^<>]+">
          <input type="hidden" name="documentId" value="">
        </div>
        <div class="modal-footer">
          <button type="button" class="btn btn-link" data-dismiss="modal">Cancel</button>
          <button type="submit" class="btn btn-primary">Rename</button>
        </div>
      </form>
    </div>
  </div>
</div>
    <div class="modal fade" id="modalAlertSettings" tabindex="-1" role="dialog" aria-hidden="true">
  <div class="modal-dialog" role="document">
    <div class="modal-content">
      <div class="modal-header">
        <h3 class="modal-title">Alert feed settings</h3>
        <button type="button" class="close" data-dismiss="modal" aria-label="Close"></button>
      </div>
      <form method="post" action="/user/settings" autocomplete="off" id="alert-settings-form" class="no-reset-on-close">
        <div class="modal-body">
          <p>Choose the information that appears in your CapEdge alert feed. You'll see alerts for information that matches your favorite companies.</p>
          <div class="custom-controls-stacked mt-3">
            
            <div class="form-group">
                <label class="custom-switch pl-0">
                    <input type="checkbox" name="settings[alertTypes][]" value="ldb" class="custom-switch-input" checked="checked">
                    <span class="custom-switch-indicator"></span>
                    <span class="custom-switch-description">Filings</span>
                </label>
                <div class="pl-7 text-muted">New filings from SEC.</div>
            </div>
            
            <div class="form-group">
                <label class="custom-switch pl-0">
                    <input type="checkbox" name="settings[alertTypes][]" value="news" class="custom-switch-input" checked="checked">
                    <span class="custom-switch-indicator"></span>
                    <span class="custom-switch-description">News</span>
                </label>
                <div class="pl-7 text-muted">Full news stories, breaking headlines, and press releases.</div>
            </div>
            
            <div class="form-group">
                <label class="custom-switch pl-0">
                    <input type="checkbox" name="settings[alertTypes][]" value="social" class="custom-switch-input" checked="checked">
                    <span class="custom-switch-indicator"></span>
                    <span class="custom-switch-description">Social</span>
                </label>
                <div class="pl-7 text-muted">Message threads from Reddit.</div>
            </div>
            
            <div class="form-group">
                <label class="custom-switch pl-0">
                    <input type="checkbox" name="settings[alertTypes][]" value="user" class="custom-switch-input" checked="checked">
                    <span class="custom-switch-indicator"></span>
                    <span class="custom-switch-description">Community content</span>
                </label>
                <div class="pl-7 text-muted">New community notes and annotations.</div>
            </div>
            
          </div>
        </div>
        <div class="modal-footer">
          <button type="button" class="btn btn-link" data-dismiss="modal">Cancel</button>
          <button type="submit" class="btn btn-primary">Update alerts feed settings</button>
        </div>
      </form>
    </div>
  </div>
</div>
    <div class="modal fade" id="modalSendToNote" tabindex="-1" role="dialog" aria-hidden="true">
  <div class="modal-dialog" role="document">
    <div class="modal-content">
      <div class="modal-header">
        <h3 class="modal-title">Add to note</h3>
        <button type="button" class="close" data-dismiss="modal" aria-label="Close"></button>
      </div>
      <form method="post" action="#" class="no-disable" spellcheck="false" autocomplete="off">
        <div class="modal-body">
          <p>The following content will be added to your chosen note:</p>
          <div id="fragment-preview" class="my-3 text-muted"></div>
          <p>Search or choose a recent note below:</p>
          <div class="tokenInput tokeninput-container fake-input fake-input-lg">
              <input type="text" placeholder="Search your note titles…" name="noteSearch" autocomplete="off" autocorrect="off" autocapitalize="off" tabindex="1" autofocus="on" size="25">
              <script class="tokeninput-data" type="application/json">
              {
                  "resultDataProp":"results",
                  "resultTextProp":"title",
                  "resultValueProp":"id",
                  "url":"/note/notesearch?limit=3&query=$query",
                  "type":"lookup",
                  "completionGroups" : {
                      "bestmatch" : { "heading" : "Best Match" },
                      "notes" : { "heading" : "Notes", "newOption" : true, "singular" : "note" }
                  }
              }
              </script>
          </div>
          <div id="send-recent-list"></div>
        </div>
        <div class="modal-footer">
          <button type="button" class="btn btn-link" data-dismiss="modal" tabindex="2">Cancel</button>
        </div>
      </form>
    </div>
  </div>
</div>
    <div class="dropdown-menu dropdown-menu-sm" id="user-feed-context-menu">
  <a class="dropdown-item context-open" href="#">Open</a>
  <a class="dropdown-item context-open" href="#" target="_blank">Open in new tab</a>
  <div class="dropdown-divider"></div>
  <a class="dropdown-item context-delete" href="#">Delete</a>
</div>
    

    

    

    <div style="display:none" id="google-id" data-id="G-REPSH58KSM,UA-113590965-4"></div>

<div style="display:none" id="google-tag-id" data-id="GTM-5KBPWNG"></div>
<noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-5KBPWNG" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>

    
        <script src="https://www.google.com/recaptcha/api.js" async="" defer=""></script>
    
    <script type="application/json" id="user-data">{"id":"665437da02f04742ce51dd52","loggedIn":true,"settings":{"emailNewFilings":false,"emailSearches":true,"emailCommunityContent":true,"emailProductUpdates":true,"enableAnnotations":true,"enableReadCheckbox":false,"subscribedEmailFilingGroups":["financial","news","registration","proxy","other","ownership"],"subscribedEmailFilingTypes":[],"subscribedCommunityNotifications":["repliesToMine","newOnAnnotated"],"periodicEmailSchedule":"never","stockChartComparison":true,"stockChartPeriod":"1m","toggleFavouritescol":false,"toggleNotescol":true,"toggleAlertscol":true,"collapsedFolders":[],"collapsedCards":[],"annotationsPublic":false,"disableEmailNotes":false,"hideNextSteps":false,"alertTypes":["ldb","news","social","user"],"emailSearchesSchedule":"realtime","folderSettings":[]},"plan":"free"}</script>
    <script type="application/json" id="init-data">{"annotationDocumentRoot":".transcript-container","annotationDocumentType":"transcript","annotationDocumentId":"HOFT_3400801","annotationCompanyId":1077688}</script>
    <script src="/js/dist/initial.js?v=20240910T085455"></script>
    <script src="/js/dist/build.js?v=20240910T085455" defer=""></script>
    
    <script src="/js/dist/annotator.js?v=20240910T085455" defer=""></script>
    
    
    
  


<script async="" src="/js/dist/annotator-frame.js"></script><div class="annotator-adder" style="display: none;"><button type="button" class="sendTo">Add to note</button><button type="button" class="create">Annotate</button></div></body></html>