SCHEDULE: Donald Smith & Co. Discloses Hooker Furnishings Stake

Donald Smith & Co., Inc., DSCO Value Fund, L.P., and John Piermont have collectively reported beneficial ownership of 8.8% of Hooker Furnishings Corp. common stock as of June 30, 2026.

Summary

• Donald Smith & Co., Inc., DSCO Value Fund, L.P., and John Piermont have filed a Schedule 13G, indicating their beneficial ownership of Hooker Furnishings Corp. common stock.
• The total aggregate amount beneficially owned by these reporting persons is 952,422 shares.
• This ownership represents 8.8% of the class of securities.
• The filing date is June 30, 2026, with the report signed on August 11, 2026.
• Donald Smith & Co., Inc. acts as an investment advisor for some of these holdings, with ultimate discretionary authority resting with their institutional clients.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting ownership stakes and not containing operational or financial performance updates.

Positives

• Significant ownership stake reported by Donald Smith & Co., Inc. and associated entities, indicating investor confidence.
• Clear disclosure of beneficial ownership, adhering to regulatory requirements.

Negatives

• The filing does not provide any financial performance data or operational updates for Hooker Furnishings Corp.

Risks

• The filing does not explicitly mention any risks related to Hooker Furnishings Corp. or the reporting persons' investments.

Future Outlook

No forward-looking statements or guidance are provided in this ownership filing.

Management Comments

• Donald Smith & Co., Inc. does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client’s custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities.
• The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor.
• Any and all discretionary authority which has been delegated to Donald Smith & Co., Inc. may be revoked in whole or in part at any time.
• To the knowledge of Donald Smith & Co., Inc., with respect to all securities reported in this schedule owned by advisory clients of Donald Smith & Co., Inc., not more than 5% of the class of such securities is owned by any one client.
• With respect to the remaining securities owned, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of Hooker Furnishings Corporation.
• No one person’s interest in the Common Stock of Hooker Furnishings Corporation is more than five percent of the total outstanding Common Stock.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in public companies. This filing indicates a notable investment by Donald Smith & Co. and its associated funds in the furniture retail sector, represented by Hooker Furnishings Corp.

Stakeholder Impact

• Shareholders may view the significant stake held by Donald Smith & Co. and its associated entities as a positive indicator of investor interest, potentially influencing share price.

Next Steps

• The reporting persons certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Key Dates

Keywords

Hooker Furnishings, Schedule 13G, Beneficial Ownership, Donald Smith & Co., DSCO Value Fund, Investment Advisor, Securities Exchange Act