Hooker Furniture Q2 Profit Rises - Quick Facts

(RTTNews) - Hooker Furniture (HOFT) reported that its second-quarter net income increased to $1.69 million or $0.16 per share, from $1.47 million or $0.14 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter rose to $55.30 million from $50.18 million in the prior year quarter.

The company's board of directors declared a quarterly cash dividend of $0.10 per share, payable on September 27, 2013, to shareholders of record at September 13, 2013.