Hooker Furniture Corp. (HOFT) reported fourth-quarter net income of $3.7 million or $0.34 per share, compared to $0.6 million or $0.06 per share for the year-ago quarter.
On average, two analysts polled by Thomson Reuters expected the company to earn $0.21 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the fourth quarter rose 9.7% to $59.64 million from $54.36 million in the comparable quarter last year.
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