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HOFT > SEC Filings for HOFT > Form 8-K on 2-Apr-2009All Recent SEC Filings

Show all filings for HOOKER FURNITURE CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for HOOKER FURNITURE CORP


2-Apr-2009

Results of Operations and Financial Condition


Item 2.02. Results of Operations and Financial Condition.

On April 2, 2009 the Registrant issued a press release reporting its financial results for fiscal 2009, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In the press release, the Company reports operating income as a percentage of net sales ("operating margin") both including and excluding the impact of:

· restructuring and intangible asset impairment charges;

· a charge related to the December 2007 donation of two showrooms located in High Point, N.C. to a local university.

The operating margin figures excluding the impact of these charges, which are collectively referred to as "restructuring and special charges" in the press release, are "non-GAAP financial measures." The Company provides this information because management believes it is useful to investors in evaluating the Company's ongoing operations.

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