US furniture importer and manufacturer Hooker Furniture has reported record annual net sales of $350 million for its full year ended November 30, a 2.4% increase from 2005 net sales of $341.8 million. Annual net income increased 12.8% to reach $14.1 million compared with the $12.5 million reported for fiscal 2005.
Ranked among the USA’s top 10 largest publicly traded furniture sources based on 2005 shipments to US retailers, the company's principal customers are home furnishings retailers. Major furniture categories include home entertainment and wall units, home office, casual and formal dining, bedroom, and motion and stationary leather and fabric upholstered furniture. With approximately 1,000 employees, the company operates three manufacturing plants, two supply plants, several distribution centres, warehouses and showrooms and a corporate office in Virginia and North Carolina.
