Hooker Furnishings reported a net income of $536,000 for fiscal 2026 Q4, marking a return to profitability despite a 20.5% sales decline due to lower hospitality shipments and a shorter quarter. For the full fiscal year, net sales fell 12.4% to $278.1 million, with an operating loss of $16.5 million mainly from non-cash impairment charges. The company completed divestitures of Pulaski and Samuel Lawrence Furniture, streamlined its portfolio, and reduced fixed costs by $26.3 million. Hooker Branded segment returned to profitability, and Domestic Upholstery improved margins and cut losses by over 50% in Q4. The company expects improved earnings in fiscal 2027, supported by the new Margaritaville product line and a leaner cost structure amid ongoing market challenges.
The global autoimmune disease therapeutics market is projected to grow from $80.54 billion in 2025 to $137.85 billion by 2035, at a CAGR of 5.52%. Growth is fueled by rising autoimmune disease prevalence, advances in biologics, JAK inhibitors, monocl...
The Vancouver Chinatown Foundation and RBC are hosting Light Up Chinatown! 2026, a free two-day festival on August 8-9 along Columbia Street in Vancouver’s Chinatown. The event features exclusive food collaborations, live music performances, family a...
New research from iSeatz reveals that U.S. travelers are increasingly strategic about travel rewards programs, with 40% treating them as financial optimization tools and 60% belonging to multiple programs. Despite high enrollment, many travelers find...
A regional nonprofit health plan reduced its Transparency in Coverage machine-readable file (MRF) production time from 45 days to less than 24 hours by integrating TALON's platform directly with its claims administration system. This eliminated a com...
ASUS has introduced two new Chromebooks in the US market: the budget-friendly CM15 laptop and the versatile CM32 Detachable 2-in-1 device. Both run on the MediaTek Kompanio 540 processor, offer up to 12 hours of battery life, and feature military-gra...
