Hooker Furniture posts profit of $2.3 million in second quarter

MarketsAssociated Press

Hooker Furniture Corp. (HOFT) on Wednesday reported net income of $2.3 million, or 21 cents per share, in its fiscal second quarter.

The company, based in Martinsville, Virginia, posted revenue of $54.9 million in the period.

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Hooker Furniture shares have dropped 8 percent since the beginning of the year. The stock has climbed roughly 10 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. A stock research report on HOFT from Zacks is available at: http://www.zacks.com/ap/HOFT

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