More on Hooker Furniture's Q4

• Hooker Furniture (NASDAQ:HOFT +7.2%) reports higher net sales in all the segments in Q4.
• Gross profit rate increased 273 bps to 26.97%.
• Operating margin rate +400 bps to 10.03%.
• The company saw improved profitability in all the segments.
• The casegoods segment led the way in sales and profitability, with shipments up $10M in the fiscal year.