Hooker Furnishings Corporation has completed the sale of its Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, pending final customary post-closing adjustments. According to CEO Jeremy Hoff, the transaction was completed at a higher price than initially estimated and marks a significant milestone for the company, which is moving forward with a more focused business strategy and positive momentum following improvements in sales and margins in its core divisions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hooker Furniture Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9601913) on December 15, 2025, and is solely responsible for the information contained therein.