Hooker Furnishings Corporation
Hooker Furnishings Corporation (NASDAQ: HOFT) is trading at $12.62, about ₹1,212 at today's USD/INR rate, as of 30 Sep 2026, 12:28 PM ET, down 2.17% today. Indian residents can buy Hooker Furnishings from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$12.52
Today's high
$12.94
52 week low
$8.62
52 week high
$18.09
HOFT opened at $12.52, closed previously at $12.90, and has traded between $8.62 and $18.09 over the past 52 weeks.
About
Hooker Furnishings Corporation is a diversified furniture company involved in the design, production, sourcing, and distribution of a broad spectrum of furniture. Their offerings span residential homes, the hospitality sector, and contract markets. The Hooker Branded segment serves as a cornerstone, featuring a wide array of residential furnishings such as home entertainment units, office furniture, accent pieces, dining sets, and bedroom collections, all under the Hooker Furniture brand. This segment also provides imported upholstered furniture through its Hooker Upholstery brand. Next, the Home Meridian segment offers a diverse portfolio. It includes Accentrics Home for general home furnishings; a comprehensive range of bedroom, dining, accent, display cabinet, home office, and youth furniture marketed under both the Pulaski Furniture and Samuel Lawrence Furniture labels; and imported leather motion upholstery from Prime Resources International. Furthermore, this segment extends into the hospitality sector, supplying custom hotel furnishings for upscale four and five-star establishments via Samuel Lawrence Hospitality. It also addresses the ready-to-assemble (RTA) market with its HMidea brand. Finally, the Domestic Upholstery segment specializes in North American-made upholstered products. This segment features Bradington-Young for both motion and stationary leather furniture; Sam Moore Furniture for occasional chairs, settees, sofas, and sectional seating; and Shenandoah Furniture, which produces private-label upholstered goods including sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs, primarily for lifestyle specialty retailers. Beyond retail, this segment serves the upscale senior living and assisted living markets with upholstered seating and casegoods under the H Contract brand, reaching clients through designers, firms, dealers, and distributors. It also caters to interior design professionals with products under the Lifestyle Brands moniker. Hooker Furnishings distributes its diverse product lines across North America through a wide array of channels. These include independent furniture stores, major department stores, mass merchants, national retail chains, catalog sales, direct engagement with interior designers, e-commerce platforms, and warehouse clubs. Established in 1924, Hooker Furnishings Corporation maintains its corporate headquarters in Martinsville, Virginia.
Key statistics
Avg. volume
61.66K
Market cap
$135.56M
P/E Ratio
-7.51
Price-to-sales ratio
0.50
Enterprise value
$170.98M
Free cash flow yield
11.95%
Debt-to-equity ratio
0.14
Return on equity
-15.93%
ROIC
-8.74%
Beta
1.15
Dividend yield
3.65%
Last dividend
$0.58
Financial overview
Revenue
$305.18M
Earnings per share
-$2.54
Free cash flow
$17.21M
Net profit margin
-6.62%
Gross margin
28.77%
EBITDA
-$17.26M
Revenue growth
-23.22%
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This is not an investment recommendation
How to buy Hooker Furnishings from India
Indian residents can buy Hooker Furnishings shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Hooker Furnishings and place an order
Find Hooker Furnishings by name or by its ticker, HOFT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Hooker Furnishings trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Hooker Furnishings position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Hooker Furnishings from India
Trading and taxes when buying Hooker Furnishings from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Hooker Furnishings’ current yield is 3.65%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Hooker Furnishings stock?
Yes. Hooker Furnishings (HOFT) has been listed on NASDAQ since 2002, in the Furnishings, Fixtures & Appliances industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Hooker Furnishings share cost in rupees?
One Hooker Furnishings share is $12.62 — about ₹1,212 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Hooker Furnishings price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Hooker Furnishings from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Hooker Furnishings?
Yes. One Hooker Furnishings share is $12.62, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Hooker Furnishings.
How are gains on Hooker Furnishings shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hooker Furnishings price. Paasa issues a capital-gains statement for your return.
Does Hooker Furnishings pay a dividend, and how is it taxed in India?
Yes. Hooker Furnishings pays a dividend and the current yield is 3.65%; the last declared dividend was $0.58 per share, about ₹55.23. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Hooker Furnishings from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Hooker Furnishings shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Hooker Furnishings shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Hooker Furnishings holding, its cost and its closing value.
How do I sell Hooker Furnishings and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.