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BRIEF-Hooker Furniture Corp Q1 sales $130.9 million
June 6, 2017 / 1:11 PM / 5 months ago

BRIEF-Hooker Furniture Corp Q1 sales $130.9 million

June 6 (Reuters) - Hooker Furniture Corp:

* Hooker furniture reports consolidated operating income increased 77.7% to $7.1 million

* Q1 earnings per share $0.41

* Q1 sales $130.9 million

* “Expect results to rebound next quarter as positive sales trends continue and measures to improve profitability take effect”

* Qtrly Hooker Upholstery’s sales order backlog was up 85% from prior-year period

* Hooker Furniture Corp says inventories as of April 30, 2017 was $79.4 million versus $75.3 million as of Jan 29, 2017

* Qtrly net sales $130.9 million versus $121.8 million Source text for Eikon: Further company coverage:

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