11/07/2025 | Press release | Distributed by Public on 11/07/2025 15:01
Item 7.01 Regulation FD Disclosure
On November 7, 2025, Hooker Furnishings Corporation (the "Company") released the following statement in response to Global Value Investment Corporation's ("GVIC") amended Form 13-D filed on that same date.
"The Company is making significant progress in its turnaround to drive growth and value creation for shareholders. GVIC's position that we haven't engaged constructively is inconsistent with the fact that its letter was issued the day after a subset of our board, consisting of all three of our committee chairs, offered to meet in person with GVIC. We remain open to constructive ideas to create value and intend to continue to engage with GVIC in the normal course as we do with all shareholders."