Risk factors

HOOKER Furnishings (HOFT) risk factors

Item 1A of every HOOKER Furnishings Corp. 10-K on file, and what changed from one year to the next.

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  • FY2026 10-K risk factors

    25 risks, 2 new, 2 dropped, 7 reworded since the prior year. Foreign sourcing concentrated further in Vietnam: 87% of fiscal 2026 imports, versus 76% previously; China fell to 5% from 13%.

    Filed Apr 17, 2026
  • FY2025 10-K risk factors

    25 risks. Heavy reliance on Asian sourcing, particularly Vietnam, exposes operations to geopolitical, tariff, and supply chain disruptions. Paused ERP upgrades in the HMI segment threaten unsupported SAP software by December 2025. Significant long-lived assets, debt covenants, and domestic manufacturing cost pressures constrain liquidity and profitability.

    Filed Apr 18, 2025