Furnishings, Fixtures & Appliances · Consumer Cyclical
CEO
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Get HOFT alertsPaul Toms is recorded as CEO at HOOKER FURNISHINGS Corp (HOFT). Paul Toms has spoken on 5 earnings calls across 1 company, most recently for HOOKER FURNISHINGS Corp on December 10, 2020. HOOKER FURNISHINGS Corp is classified in the Furnishings, Fixtures & Appliances industry within the Consumer Cyclical sector. Other leadership on record at HOOKER FURNISHINGS Corp includes Jeremy Hoff (CEO and Board Member), Jeremy R. Hoff (CEO and Board Member), Henry G. Williamson, Jr. (Chairman) and 5 others.
“We were encouraged on many fronts by our third quarter financial performance and pleased with the business rebound that began in mid-May and continues to gain traction.”
“While the COVID-19 pandemic continued to impact the economy and our operations, our business began to rebound in mid-May and hasn't let up since. Consolidated fiscal Q2 incoming orders were up 24% and backlogs were up 35% compared to a year ago.”
“The COVID-19 crisis drove the most significant downturn in our business in over 50 years.”
“There’s a fellow right outside my window mowing the grass, so you’ll hear some background noise. That’s what it is. The world has changed a great deal since our fourth quarter and fiscal year ended on February 2.”
“As we expected after our first quarter, business in the second quarter was significantly impacted by tariffs on finished goods and component parts imported from China, as well as weak retail demand through the first eight months of this year.”
Furnishings, Fixtures & Appliances · Consumer Cyclical
CEO