AleksandarGeorgiev/E+ via Getty Images Thesis In June 2023, I initiated coverage of Hooker Furnishings (NASDAQ: NASDAQ:HOFT), examining its risks and potential, noting how it demonstrated some strengths by showing the ability to keep a lid on inventory, recover in its hospitality business, and move forward with expansion plans, along with significant challenges created by a precipitous loss of sales, softening demand, operational inefficiencies, and questions over the safety of the dividend. The company was ...