KBAL - Earnings announcements

HNI Corporation (NYSE:HNI) today announced sales for the first quarter ended April 1, 2023 of $479.1 million and net income of $1.6 million. GAAP net income per diluted share was $0.04, compared to $0.33 in the prior year. Non-GAAP net income per diluted share was $0.13, compared to $0.33 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. First Quarter Highlights Profit growth actions in Workplace Furnishings delivering results. A return of annual net productivity savings, benefits from streamlining efforts and cost actions implemented in 2022, and continued improvement of price-cost provided profitability support in the first quarter.

—Fifth Consecutive Quarter of Gross Margin Expansion——Industry-Leading Operational Performance at Pre-Pandemic Levels——34% Growth in Adjusted EBITDA Year-Over-Year— JASPER, Ind., May 04, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the third quarter ended March 31, 2023. Selected Financial Highlights: Third Quarter FY 2023 Net sales of $166.1 millionGross margin expanded 710 basis points to 37.6%Net income of $5.7 million; Adjusted net income of $11.2 millionDiluted EPS of $0.15; Adjusted diluted EPS was $0.30Adjusted EBITDA of $15.4 million, up $3.9 million year-over-yearBacklog of $134.5 million Management Commentary CEO Kristie Ju

JASPER, Ind., April 20, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its third quarter fiscal year 2023 financial results on Thursday, May 4, 2023, after the close of the market. In light of the pending acquisition by HNI Corporation, and as is customary during such transactions, Kimball International, Inc. will not host an earnings conference call for its third quarter 2023 results. About Kimball International, Inc. Kimball International is a leading omnichannel commercial furnishings company with deep expertise in the Workplace, Health, and Hospitality markets. We combine our bold entrepreneurial spirit, a history of craftsmanship and today's design-

Highly Complementary Portfolio Broadens Product Offering and Expands Reach in High-Growth Markets Accelerates HNI's Growth in Workplace Furnishings Segment Brings Together Two Great Companies with Similar Cultures and Values HNI to Host Conference Call and Webcast Today, March 8, at 7:30 AM CT / 8:30 AM ET HNI Corporation (NYSE:HNI) and Kimball International, Inc. (NASDAQ:KBAL) today announced that they have entered into a definitive agreement under which HNI will acquire all the outstanding shares of Kimball International in a cash and stock transaction valued at approximately $485 million. Under the terms of the agreement, Kimball International shareholders will receive $9.00 in cash

--Strong Growth in Sales and Operating Profits----Leadership in Ancillary Products and Secondary Geographies Continues to Drive Industry-leading Performance----Maintains Fiscal 2023 Guidance for Adjusted EBITDA Growth of 47% Despite Industry Headwinds-- JASPER, Ind., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the second quarter ended December 31, 2022. Selected Financial Highlights: Second Quarter FY 2023 Net sales of $183 million, increased 21% year-over-yearGross margin expanded 550 basis points to 36.2%Net loss of $36.1 million inclusive of a non-cash charge; Adjusted net income of $3.0 millionDiluted EPS of $(0.99); Adju

JASPER, Ind., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its second quarter fiscal year 2023 financial results on Thursday, February 2, 2023, after the close of the market. The Company will host a conference call on Thursday, February 2, 2023, at 5:00 p.m. ET to review its financial performance. To join the call, dial 1-833-535-2198 or internationally 1-412-317-0667 approximately ten minutes prior and tell the operator you wish to join Kimball International's conference call.  The live webcast can be accessed at www.ir.kimballinternational.com. For those unable to participate in the live event, the call will be archived at www.ir.kim

--Positive Momentum Continued with Profitability More than Doubling Year-on-Year----Workplace and Health Markets Delivered 20% Year-over-Year Revenue Growth----Favorable Product and Geographic Mix Continue to Drive Market Share Gains----Re-Affirms Fiscal 2023 Guidance for Revenue Growth of 15% and Adjusted EBITDA Growth of 47%, at the Midpoints-- JASPER, Ind., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the first quarter ended September 30, 2022. Selected Financial Highlights: First Quarter FY 2023 Net sales of $177.8 million, increased 14% year-over-yearGross margin expanded 220 basis points to 33.5%Net income of $6.6 millio

JASPER, Ind., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its first quarter fiscal year 2023 financial results on Thursday, November 3, 2022, after the close of the market. The Company will host a conference call on Thursday, November 3, 2022, at 5:00 p.m. ET to review its financial performance. To join the call, dial 1-877-270-2148 or internationally 1-412-902-6510 approximately ten minutes prior and tell the operator you wish to join Kimball International's conference call.  The live webcast can be accessed at www.ir.kimballinternational.com. For those unable to participate in the live event, the call will be archived at www.ir.kimballinte

-- Substantial Increase in Fourth Quarter Profitability Driven by 21% Sales Growth and 370 bps Gross Margin Expansion ---- Positive Business Momentum Reflected in 18% Workplace Order Rates Increase ---- Results Demonstrate Strength of Ancillary Product Portfolio and Secondary Market Focus ---- Guiding to Strong Fiscal 2023 Revenue Growth of 15% and EBITDA Growth of 47%, at the Midpoints -- JASPER, Ind., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the fourth quarter and fiscal year ended June 30, 2022. Selected Financial Highlights: Fourth Quarter FY 2022 Net sales of $176.9 million, up 21% year-over-yearGross margin expanded

JASPER, Ind., July 14, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its fourth quarter and fiscal year 2022 financial results on Thursday, August 4, 2022, after the close of the market.   The Company will host a conference call on Thursday, August 4, 2022, at 5:00 p.m. ET to review its financial performance. The telephone number to access the conference call is 800-715-9871 for U.S. participants or 646-307-1963 for international participants. The passcode to access the call is "4129345." The live webcast of the conference call can be accessed at www.ir.kimballinternational.com. For those unable to participate in the live webcast, the call will be arch

— 30% Sales Increase Drove Significant Profit Growth —— Order Rates Increased 30% —— Guiding to Fiscal Fourth Quarter Sales Growth of 25% at the Midpoint —— Guiding to Further Gross Margin Improvement Led by Volumes and Pricing —— Pathway to Robust FY23 Revenue and Profit Growth — JASPER, Ind., May 03, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the third quarter ended March 31, 2022. Selected Financial Highlights: Third Quarter FY 2022 Net sales of $180.9 million, up 30% year-over-yearGross margin expanded 180 basis points to 30.5%Net income of $6.3 million; Adjusted net income of $7.6 millionDiluted EPS of $0.17; Adjusted diluted EP

JASPER, Ind., April 18, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its third quarter fiscal year 2022 financial results on Tuesday, May 3, 2022, after the close of the market.   The Company will host a conference call on Tuesday, May 3, 2022, at 5:00 p.m. ET to review its financial performance. The telephone number to access the conference call is 844-602-5643 for U.S. participants or 574-990-3014 for international participants.  The passcode to access the call is "7999947." The live webcast of the conference call can be accessed at www.ir.kimballinternational.com. For those unable to participate in the live webcast, the call will be archived at www

— Strong Demand Drove 11% Revenue Growth; Revenue from Workplace and Health Up 18% —— Adjusted Gross Margin Was 31.8%, a 40-Basis Point Sequential Expansion —— Order Rates Up 28%, and Up 35% for Workplace and Health End Markets —— Third Consecutive Quarter of Consistent Double-Digit Workplace and Health Order Growth —— Reaffirms Full Fiscal Year 2022 Guidance — JASPER, Ind., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the second quarter ended December 31, 2021. Selected Financial Highlights: Second Quarter FY 2022 Net sales of $151.4 millionGross margin of 30.7%; Adjusted gross margin of 31.8%Selling and administrative expens

JASPER, Ind., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its second quarter fiscal year 2022 financial results on Thursday, February 3, 2022, after the close of the market.   The Company will host a conference call on Thursday, February 3, 2022, at 5:00 p.m. ET to review its financial performance. The telephone number to access the conference call is 844-602-5643 for U.S. participants or 574-990-3014 for international participants. The passcode to access the call is "2983427." The live webcast of the conference call can be accessed at www.ir.kimballinternational.com. For those unable to participate in the live webcast, the call will be arch

— Workplace and Health Achieved Net Sales and Order Growth of 16% and 51% and Represented 86% of Total Net Sales —— Poppin Business Model Returning to Near Pre-Pandemic Levels ——Reiterates FY 2022 Guidance for 15%-20% Revenue Growth and Gross Margin Expansion in the Second Half of the Year — JASPER, Ind., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the first quarter ended September 30, 2021. Selected Financial Highlights: First Quarter FY 2022 Net sales of $156.6 millionGross margin was 31.3%Net loss of $5.0 million; Adjusted net income was $0.8 millionDiluted EPS of $(0.14); Adjusted diluted EPS was $0.02Adjusted EBI

JASPER, Ind., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) will announce its first quarter fiscal year 2022 financial results on Thursday, November 4, 2021, after the close of the market.   The Company will host a conference call on Thursday, November 4, 2021, at 5:00 p.m. ET to review its financial performance. The telephone number to access the conference call is (800) 773-2954 for U.S. participants or 1 (847) 413-3731 for international participants.  The passcode to access the call is 50245049. The live webcast of the conference call can be accessed at www.ir.kimballinternational.com. For those unable to participate in the live webcast, the call will be

— Workplace and Health Markets Delivered 5% Year-over-Year Revenue Growth and Represented Over 80% of Fourth Quarter Revenues ——Workplace and Health Orders up 33% Year-over-Year, with Continued Momentum into July—— Gross Margin Expanded 190 bps Sequentially, net of an Inflation-Related LIFO Reserve Adjustment —— Full Year Cost Savings Ahead of Projections at $22.3 Million ——Expects Double-Digit Revenue Growth and Sequential Quarterly Gross Margin Expansion in Fiscal 2022— JASPER, Ind., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced results for the fourth quarter and fiscal year ended June 30, 2021. Selected Financial Highlights: Fourth