Pay vs Performance Disclosure
Feb. 01, 2026
USD ($)
Feb. 02, 2025
USD ($)
Jan. 28, 2024
USD ($)
Jan. 29, 2023
USD ($)
Jan. 30, 2022
USD ($)
Pay versus Performance
The following table shows the past five fiscal years’ total compensation for the named executive officers as set forth in the Summary Compensation Table, the total compensation actually paid (“CAP”) to the named executive officers, the Company’s total shareholder return (“TSR”), the peer group’s total shareholder return over the same period, the Company’s net income, and the Company’s EPS as the company-selected performance measure.
Fiscal Year 2026 Pay versus Performance Table
| Year | Summary compensation table total for CEO(1) | Compensation actually paid to CEO(2) | Average summary compensation table total for other NEOs(1) | Average compensation actually paid to other NEOs(2) | Total shareholder return(3) | Peer group total shareholder return(3) | Net income | EPS | |||||||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ($, in thousands) | ($) | ||||||||||||||||||||||||||
| 2026 | 1,856,877 | 1,623,199 | 936,024 | 620,374 | 56.18 | 99.88 | (26,967 | ) | (2.54 | ) | |||||||||||||||||||||||
| 2025 | 1,624,654 | 57,920 | 705,987 | 97,258 | 63.19 | 109.27 | (12,507 | ) | (1.19 | ) | |||||||||||||||||||||||
| 2024 | 1,215,181 | 1,444,583 | 567,507 | 617,865 | 117.75 | 102.30 | 9,865 | 0.91 | |||||||||||||||||||||||||
| 2023 | 1,186,994 | 1,067,309 | 538,642 | 462,562 | 92.52 | 95.20 | (4,312 | ) | (0.37 | ) | |||||||||||||||||||||||
| 2022 | 798,169 | 406,825 | 577,484 | 244,027 | 90.30 | 119.43 | 11,718 | 0.97 | |||||||||||||||||||||||||
| (1) | The principal executive officers and other named executive officers for fiscal years 2022 - 2026 are the following: |
| Year | CEO | Other NEOs | ||
| 2026 | Jeremy R. Hoff | C. Earl Armstrong III, Anne J. Smith | ||
| 2025 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps | ||
| 2024 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps | ||
| 2023 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps | ||
| 2022 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps, D. Lee Boone |
| (2) | SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine compensation “actually paid” as reported in the Pay versus Performance table. The following table details these adjustments: |
Year | Executives | Summary Compensation Table Total | Deduct Reported Change in Actuarial Present Value of Pension Benefits | Add Pension Benefit Adjustments(a) | Deduct Reported Value of Equity Awards | Add Equity Award Adjustments(b) | Compensation Actually Paid | ||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ||||||||||||||||||||||
| 2026 | CEO | 1,856,877 | - | - | (1,162,088 | ) | 928,410 | 1,623,199 | |||||||||||||||||||
| Other NEOs | 936,024 | (111,346 | ) | 25,507 | (289,420 | ) | 59,609 | 620,374 | |||||||||||||||||||
| (a) | SEC rules require certain adjustments be made to pension compensation totals to determine CAP. The following table details these adjustments: |
| Year | Executives | Service Cost (i) | Prior Service Cost (ii) | Total Pension Value Adjustment | |||||||||||
| ($) | ($) | ($) | |||||||||||||
| 2026 | CEO | - | - | - | |||||||||||
| Other NEOs | 25,507 | - | 25,507 | ||||||||||||
| (b) | SEC rules require certain adjustments be made to equity award totals to determine CAP. The following table details these adjustments: |
| Year | Executive | Year end fair value of equity awards granted during the year | Year over year change in fair value of outstanding and unvested equity awards | Fair value as of vesting date of equity awards granted and vested in the year | Year over year change in fair value of equity awards granted in prior years that vested in the year | Fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year | Value of dividends or other earnings paid on stock or option awards not otherwise reflected in fair value or total compensation | Total equity award adjustments | ||||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ($) | ||||||||||||||||||||||||
| 2026 | CEO | 1,222,525 | 55,721 | - | (80,698 | ) | (269,138 | ) | - | 928,410 | ||||||||||||||||||||
| Other NEOs | 173,978 | 1,387 | - | (11,781 | ) | (103,975 | ) | 59,609 | ||||||||||||||||||||||
| (3) | Total shareholder return (TSR) is determined based on the value of an initial fixed investment of $100 at the beginning of the 2022 fiscal year. The peer group TSR prepared by Zacks Investment Research, Inc. represents cumulative, weighted TSR of the peer group under Standard Industrial Classification (SIC) Codes 2510 and 2511, which includes home furnishings companies that are publicly traded in the United States or Canada. For more information regarding the peer group TSR, refer to the performance graph that is included in the 2026 Form 10-K, as filed with the SEC. |
| (1) | The principal executive officers and other named executive officers for fiscal years 2022 - 2026 are the following: |
| Year | CEO | Other NEOs | ||
| 2026 | Jeremy R. Hoff | C. Earl Armstrong III, Anne J. Smith | ||
| 2025 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps | ||
| 2024 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps | ||
| 2023 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps | ||
| 2022 | Jeremy R. Hoff | Paul A. Huckfeldt, Anne J. Smith, Tod R. Phelps, D. Lee Boone |
| (2) | SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine compensation “actually paid” as reported in the Pay versus Performance table. The following table details these adjustments: |
Year | Executives | Summary Compensation Table Total | Deduct Reported Change in Actuarial Present Value of Pension Benefits | Add Pension Benefit Adjustments(a) | Deduct Reported Value of Equity Awards | Add Equity Award Adjustments(b) | Compensation Actually Paid | ||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ||||||||||||||||||||||
| 2026 | CEO | 1,856,877 | - | - | (1,162,088 | ) | 928,410 | 1,623,199 | |||||||||||||||||||
| Other NEOs | 936,024 | (111,346 | ) | 25,507 | (289,420 | ) | 59,609 | 620,374 | |||||||||||||||||||
| (a) | SEC rules require certain adjustments be made to pension compensation totals to determine CAP. The following table details these adjustments: |
| Year | Executives | Service Cost (i) | Prior Service Cost (ii) | Total Pension Value Adjustment | |||||||||||
| ($) | ($) | ($) | |||||||||||||
| 2026 | CEO | - | - | - | |||||||||||
| Other NEOs | 25,507 | - | 25,507 | ||||||||||||
| (b) | SEC rules require certain adjustments be made to equity award totals to determine CAP. The following table details these adjustments: |
| Year | Executive | Year end fair value of equity awards granted during the year | Year over year change in fair value of outstanding and unvested equity awards | Fair value as of vesting date of equity awards granted and vested in the year | Year over year change in fair value of equity awards granted in prior years that vested in the year | Fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year | Value of dividends or other earnings paid on stock or option awards not otherwise reflected in fair value or total compensation | Total equity award adjustments | ||||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ($) | ||||||||||||||||||||||||
| 2026 | CEO | 1,222,525 | 55,721 | - | (80,698 | ) | (269,138 | ) | - | 928,410 | ||||||||||||||||||||
| Other NEOs | 173,978 | 1,387 | - | (11,781 | ) | (103,975 | ) | 59,609 | ||||||||||||||||||||||
| (2) | SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine compensation “actually paid” as reported in the Pay versus Performance table. The following table details these adjustments: |
Year | Executives | Summary Compensation Table Total | Deduct Reported Change in Actuarial Present Value of Pension Benefits | Add Pension Benefit Adjustments(a) | Deduct Reported Value of Equity Awards | Add Equity Award Adjustments(b) | Compensation Actually Paid | ||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ||||||||||||||||||||||
| 2026 | CEO | 1,856,877 | - | - | (1,162,088 | ) | 928,410 | 1,623,199 | |||||||||||||||||||
| Other NEOs | 936,024 | (111,346 | ) | 25,507 | (289,420 | ) | 59,609 | 620,374 | |||||||||||||||||||
| (a) | SEC rules require certain adjustments be made to pension compensation totals to determine CAP. The following table details these adjustments: |
| Year | Executives | Service Cost (i) | Prior Service Cost (ii) | Total Pension Value Adjustment | |||||||||||
| ($) | ($) | ($) | |||||||||||||
| 2026 | CEO | - | - | - | |||||||||||
| Other NEOs | 25,507 | - | 25,507 | ||||||||||||
| (b) | SEC rules require certain adjustments be made to equity award totals to determine CAP. The following table details these adjustments: |
| Year | Executive | Year end fair value of equity awards granted during the year | Year over year change in fair value of outstanding and unvested equity awards | Fair value as of vesting date of equity awards granted and vested in the year | Year over year change in fair value of equity awards granted in prior years that vested in the year | Fair value at the end of the prior year of equity awards that failed to meet vesting conditions in the year | Value of dividends or other earnings paid on stock or option awards not otherwise reflected in fair value or total compensation | Total equity award adjustments | ||||||||||||||||||||||
| ($) | ($) | ($) | ($) | ($) | ($) | ($) | ||||||||||||||||||||||||
| 2026 | CEO | 1,222,525 | 55,721 | - | (80,698 | ) | (269,138 | ) | - | 928,410 | ||||||||||||||||||||
| Other NEOs | 173,978 | 1,387 | - | (11,781 | ) | (103,975 | ) | 59,609 | ||||||||||||||||||||||
CAP versus the Company’s TSR and peer group’s TSR
CAP versus Net Income
CAP versus Company-selected Measure (EPS)
| (3) | Total shareholder return (TSR) is determined based on the value of an initial fixed investment of $100 at the beginning of the 2022 fiscal year. The peer group TSR prepared by Zacks Investment Research, Inc. represents cumulative, weighted TSR of the peer group under Standard Industrial Classification (SIC) Codes 2510 and 2511, which includes home furnishings companies that are publicly traded in the United States or Canada. For more information regarding the peer group TSR, refer to the performance graph that is included in the 2026 Form 10-K, as filed with the SEC. |
Company Financial Performance Measures
The items listed below represent the most important metrics used to determine CAP for fiscal year 2026 as further described in the Compensation Discussion and Analysis on page 17.
| Most Important Performance Measures |
| Consolidated net income |
| Earnings per share (“EPS”) |
| Absolute EPS growth |
| Relative EPS growth |
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