Hooker Furniture Corp (NASDAQ:HOFT)

CAPS Rating: 3 out of 5

An Importer and manufacturer of residential wood, metal and upholstered leather furniture. Major furniture categories include wall and entertainment units, and office, dining, bedroom, accent, occasional, and upholstered leather furniture for the home.

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Player Avatar FoolishLav (< 20) Submitted: 2/20/2007 5:20:38 PM : Underperform Start Price: $16.23 HOFT Score: +23.97

They have just finished conversion of all manufacturing from on-shore to off-shore (China).
This may restore some level of profitability to HOFT, but they will never regain the margins of the old days.

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