Hooker Furnishings plunge after Q2 sales drop, wider loss

Shares of retailer Hooker Furnishings HOFT.O fall ~16% at $9.28 premarket

Company's on Thursday reports a 13.6% fall in net sales to $82.2 million

HOFT posts adjusted loss of 31 cents per share vs. loss of 19 cents per share a year ago

"These actions have been obscured by weak demand in the home furnishings industry due to an extremely weak housing environment, and tariff buying hesitancy in the market segment in which HMI competes," CEO Jeremy Hoff says

As of last close, HOFT shares down 22% YTD