Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
An announcement from Hooker Furniture (HOFT) is now available.
Hooker Furnishings Corporation has parted ways with Tod R. Phelps, their Senior VP-Operations and Chief Information Officer, as part of a broader initiative to curb expenses and increase profitability amidst a downturn in the home furnishings market. Phelps, who has contributed significantly to the company for over seven years, will receive a severance package that includes a year’s salary and a portion of his restricted stock. CEO Jeremy Hoff acknowledges Phelps’s key role in the company’s recent projects and expresses gratitude for his service.
For an in-depth examination of HOFT stock, go to TipRanks’ Stock Analysis page.
