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Hooker Furniture has the Highest Projected Earnings Growth in the Home Furnishings Industry (HOFT, MHK, LZB, LEG, TPX)

By Nick Russo

Below are the three companies in the Home Furnishings industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Hooker Furniture ranks highest with a projected earnings growth of 29.4%. Following is Mohawk Inds with a projected earnings growth of 13.3%. La-Z-Boy Inc ranks third highest with a projected earnings growth of 11.5%.

Leggett & Platt follows with a projected earnings growth of 8.3%, and Tempur Sealy Int rounds out the top five with a projected earnings growth of 5.7%.

SmarTrend is monitoring the recent change of momentum in Mohawk Inds. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Mohawk Inds in search of a potential trend change.

Keywords: highest projected earnings growth hooker furniture mohawk inds la-z-boy inc leggett & platt tempur sealy int

Ticker(s): HOFT MHK LZB LEG TPX