Skip to main content

HOOKER FURNISHINGS Corp

For the period ended Feb 2, 2025. Filed Apr 18, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Apr 18, 2025

HOFT$14.70+1.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Item 2. Properties

Set forth below is information with respect to our principal properties on April 18, 2025. In March 2025, we announced the decision to exit the warehouse in Midway, Georgia. We expect to complete the exit in the second half of fiscal 2026; however, the timing of the completion of the exit could differ from preliminary estimate. We believe all of these properties are well-maintained and in good condition. During fiscal 2025, we estimate our upholstery plants operated at approximately 60% of capacity on a one-shift basis. All our production facilities are equipped with automatic sprinkler systems. All facilities maintain modern fire and spark detection systems, which we believe are adequate. We have leased certain warehouse facilities for our distribution and import operations, typically on a short or medium-term basis. We expect that we will be able to renew or extend these leases or find alternative facilities to meet our warehousing and distribution needs at a reasonable cost. All facilities set forth below are active and operational, representing in the aggregate approximately 3.3 million square feet of owned space, leased space or properties utilized under third-party operating agreements.

LocationSegment UsePrimary UseApproximate Size in Square FeetOwned or Leased
Martinsville, VAAll segmentsCorporate Headquarters, Distribution, Manufacturing and Warehousing1,489,766Owned / Leased
High Point, N.C.All segmentsOffice and Showrooms243,588Leased
Atlanta, GADUShowroom55,508Leased
Savannah, GAHM, DUWarehouse590,240Leased
Bedford, VADUManufacturing and Offices327,000Owned
Hickory, N.C.DUManufacturing and Offices166,000Owned
Mt. Airy, N.C.DUManufacturing and warehousing104,150Leased
Valdese, N.C.DUManufacturing and warehousing102,905Leased
Cherryville, N.C.DUManufacturing Supply Plant53,000Owned
Vista, CADUManufacturing, Warehousing, and Offices52,813Leased
Las Vegas, NVHB, DU, AOShowrooms9,717Leased
Ho Chi Minh City, VNHB, HMOffice, Warehouse and Distribution106,157Leased
Dongguan, ChinaHB, HMOffice926Leased

HB=Hooker Branded, HM=Home Meridian, DU=Domestic Upholstery, AO=All Other

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.