Tag Archives: Paul B. Toms Jr.

Hooker Q2 Net Jumps 34.6 Percent

Hooker Furniture

MARTINSVILLE, Va.-Increased profitability from key segments offset a slight dip in overall sales to boost Hooker Furniture to a 34.6 percent gain in second-quarter net income, which totaled $2.3 million. According to Paul B. Toms Jr., Hooker’s chairman and CEO, the company posted profit increases in its casegoods and Sam Moore units, along with anMore »

Last updated: September 10, 2014

Cole to Retire as Hooker Furniture President; Delgatti Will Assume Presidency

Michael Delgatti

MARTINSVILLE, Va.–Alan Cole, president of Hooker Furniture Corporation, has announced he will retire at the end of the company’s current fiscal year, effective Feb. 2, 2014. He will be succeeded by Michael Delgatti, currently serving as the president of Hooker Upholstery and the executive vice president of sales for the company. Cole joined Hooker inMore »

Last updated: December 12, 2013

Hooker Furniture Net Falls 13.1 Percent in Q3

Hooker Furniture

MARTINSVILLE, Va.-Increased discounting of casegoods and start-up costs for new programs resulted in a shortfall of 13.1 percent for Hooker Furniture’s third-quarter net income, which totaled $2.1 million. The company began the casegoods discounting to dispose of slow-moving inventory, according to Paul B. Toms Jr., Hooker’s chairman and CEO. The new programs at the HMore »

Last updated: December 11, 2013