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FDMC 300

Hooker Furnishings' cost savings initiatives paying off

MARTINSVILLE, Va. — Hooker Furnishings Corporation eported its operating results for its fiscal 2026 first quarter ended May 4, 2025.According to the company, it lowered its operating loss by $1.6 million, or 31%, from the prior year first quarter to $3.6 million, driven by "cost-saving initiatives launched in the second half of last year," and despite reduced net sales in the quarter.

Woodworking Industry News

ABC Supply raises $4.7M for Homes for Our Troops

ABC Supply Co., Inc., has raised $4.7 million to support Homes For Our Troops (HFOT) as part of a significant fundraising effort in May for National Military Appreciation Month and in conjunction with the 109th Running of the Indianapolis 500.ABC Supply, an HFOT Platinum Partner, matched all donations up to $1 million for the month of May.

Woodworking Industry News

Industry experts gather for Wood Pro Expo Florida and Closets Conference

Wood Pro Expo Florida and the Closets Conference began on June 11 with a day of educational sessions designed to share insights, spark innovation, and prepare woodworking professionals for the future of the industry. The conferences covered trends in residential and commercial design, best practices in shop management, business growth strategies, and where the closets, storage, and woodworking sectors are headed.

Closets

ACSP kicks off Closet Conference with 20th anniversary reception

The Association of Closet and Storage Professionals kicked off the 20th Closets Conference on June 10 with an anniversary reception, celebrating two decades of the closet industry community. Much like the Wood Pro Expo and Closet Conference itself, the reception brought together industry professionals, partners, and supporters from across the country to honor two decades of growth in the industry.