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Exit from Savannah warehouse aims to create long-term savings for Hooker Furnishings - Home News Now

Summary by Home News Now
Despite initial net charges, company expects estimated annual savings of up to $4.5 million starting in FY 2027 MARTINSVILLE, Va. — Hooker Furnishings expects to record net charges estimated between $1.6 million and $2 million this fiscal year and between $3 million and $4 million in fiscal 2026 as it closes its Savannah, Georgia, distribution center and consolidates operations into its existing facilities. However, it also expects the shift to …
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Exit from Savannah warehouse aims to create long-term savings for Hooker Furnishings - Home News Now

Despite initial net charges, company expects estimated annual savings of up to $4.5 million starting in FY 2027 MARTINSVILLE, Va. — Hooker Furnishings expects to record net charges estimated between $1.6 million and $2 million this fiscal year and between $3 million and $4 million in fiscal 2026 as it closes its Savannah, Georgia, distribution center and consolidates operations into its existing facilities. However, it also expects the shift to …

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Home News Now broke the news in on Wednesday, April 2, 2025.
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