For the quarter ending 2025-11-02, HOFT had $533K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-11-02 | 2025-08-03 |
|---|---|---|
| Net (loss) / income | -21,174 | -6,329 |
| Less loss from discontinued operations, net of taxes | -13,855 | - |
| Depreciation and amortization | 987 | 4,375 |
| Deferred income tax expense | -6,835 | -1,990 |
| Goodwill and tradename impairment | 15,576 | - |
| Noncash restricted stock and performance awards | 358 | 144 |
| Provision for doubtful accounts and sales allowances | 378 | -182 |
| Gain on life insurance policies | 472 | 724 |
| Loss / (gain) on disposal of assets | 0 | -15 |
| Trade accounts receivable | 3,510 | -17,063 |
| Inventories | -1,858 | -12,224 |
| Income tax recoverable | 35 | -482 |
| Prepaid expenses and other assets | -4,217 | 2,370 |
| Trade accounts payable | 2,051 | -6,037 |
| Accrued salaries, wages, and benefits | 332 | 614 |
| Accrued income taxes | 2 | -16 |
| Customer deposits | -1,464 | 1,125 |
| Operating lease assets and liabilities | -615 | 105 |
| Other accrued expenses | -502 | 39 |
| Deferred compensation | -211 | -431 |
| Net cash provided by operating activities | 4,796 | 18,107 |
| Purchases of property and equipment | 819 | 1,695 |
| Premiums paid on life insurance policies | 58 | 326 |
| Proceeds received on life insurance policies | 0 | 0 |
| Proceeds from sales of assets | 28 | 0 |
| Net cash used in investing activities | -849 | -2,021 |
| Proceeds from revolving credit facility | 44,796 | 32,440 |
| Payments on revolving credit facility | - | 48,956 |
| Payments for long-term loans | 95,184 | 0 |
| Cash dividends paid | 2,514 | 5,011 |
| Debt issuance cost | 5 | 33 |
| Net cash used in financing activities | -3,951 | -21,560 |
| Cash used in operating activities | 722 | - |
| Cash used in investing activities | -185 | - |
| Cash provided by / (used in) discontinued operations | 537 | - |
| Net decrease in cash and cash equivalents | 533 | -5,474 |
| Cash and cash equivalents at beginning of period | 6,295 | - |
| Cash and cash equivalents at end of period | 1,354 | - |
HOOKER FURNISHINGS Corp (HOFT)
HOOKER FURNISHINGS Corp (HOFT)