Hooker Furniture Corporation · Martinsville, VA United States ·(NASDAQ (CM): HOFT)
Company Description
Phone: 276-632-0459
Fax: 276-632-0026
View Hooker Furniture Corporation Locations On A US Map
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This link will open in a new window Hooker Furniture wants to sell you the pieces that will turn your house into a home. It offers hardwood and metal furniture including wall units, home office furniture, home theater cabinets, living and dining room tables, adult and children's bedroom furniture, and accent pieces. Its Bradington-Young line of residential upholstered furniture features leather reclining chairs and sofas, desk chairs, and more. Its Sam Moore unit makes upscale chairs. Hooker Furniture also produces a line of PGA TOUR golf-themed pieces. Its products are sold through specialty dealers (Star Furniture , Nebraska Furniture Mart ) and department stores (Dillard's ). Hooker Furniture executives hold about 14% of the company. To read the full description, subscribe now.
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Key Hooker Furniture Corporation Financials
| Company Type | Public - NASDAQ (CM): HOFT Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $261.2 |
| 2009 Employees | 814 |
Hooker Furniture Corporation Executives
18 executives listed for Hooker Furniture Corporation's Martinsville, VA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Paul Toms | Network |
| EVP Operations | Sekar Sundararajan | Network |
| EVP Finance and Administration, CFO, Chief Accounting Officer, Assistant Secretary, and Assistant Treasurer | E. Larry Ryder | Network |
Competition
Competitive Landscape for Hooker Furniture Corporation
The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.Top Hooker Furniture Corporation Competitors
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