Hooker Furnishings Q3 Earnings Top Estimates - Hooker Furnishings (NASDAQ:HOFT)

Hooker Furnishings Q3 Earnings Top Estimates – Hooker Furnishings (NASDAQ:HOFT)

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Hooker Furnishings Corp HOFT reported third-quarter FY23 sales growth of 13.6% year-on-year to $151.58 million, beating the consensus of $144.62 million. Net sales from Hooker Branded segment decreased by 2.4% Y/Y, Home Meridian climbed 9.4%, and Domestic Upholstery gained 48.2%. The gross profit jumped 60% Y/Y to $32 million, and the margin expanded over 600 basis…

Ciena, Costco And 3 Stocks To Watch Heading Into Thursday - Ciena (NYSE:CIEN), Broadcom (NASDAQ:AVGO)

Ciena, Costco And 3 Stocks To Watch Heading Into Thursday – Ciena (NYSE:CIEN), Broadcom (NASDAQ:AVGO)

Accessories & Luxury Goods, Apparel, AVGO, Benzinga, CIEN, Consumer Discretionary, COST, Earnings, GME, Guidance, LULU, Markets, News, Pre-Market Outlook, SG9999006241, Stocks To Watch, Trading Ideas, US1717793095, US22160K1051, US36467W1099, US5500211090Leave a comment

With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Ciena Corporation CIEN to report quarterly earnings at $0.08 per share on revenue of $846.95 million before the opening bell. Ciena shares fell 0.6% to $43.00 in after-hours…