HNI earnings
HNI Corporation (HNI) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- HNI Corporation Reports First Quarter 2026 ResultsStreamlined Priorities Enhance Focus on Profit Growth Actions to combat demand pressures associated with geopolitics helped deliver solid first quarter results GAAP diluted EPS for Q1 was $(0.55). On a non-GAAP basis, diluted EPS totaled $0.34 For the full year 2026, low-single digit organic net sales growth is expected in both segments Cost management — including the termination and reprioritization of projects at Steelcase, synergy recognition, and legacy network optimization savings will offset lower volume growth expectations and continued investment The Corporation expects to deliver a fifth straight year of double-digit non-GAAP EPS growth in 2026 Expectations of sa
- HNI Corporation First Quarter Fiscal Year 2026 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss First Quarter Fiscal Year 2026 results on: Wednesday, May 6, 2026 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday May 6, 2026, 1:00 p.m. (Central) through Wednesday, May 13, 2026
- HNI Corporation Reports Fourth Quarter and Fiscal Year 2025 ResultsMultiple years of elevated earnings growth visibility During the quarter, the Corporation completed the acquisition of Steelcase, Inc., providing a substantial profit opportunity for the combined organization, while transforming the workplace furnishings industry Including timing-related financial impacts tied to a partial-month stub period of Steelcase results and all acquisition-related expenses, fiscal 2025 GAAP diluted EPS was $1.11 2025 non-GAAP diluted EPS (excluding Steelcase) was $3.74 (+22% YoY) on net sales growth and non-GAAP margin expansion in both segments; the fourth straight year of double-digit non-GAAP EPS growth The Corporation expects Steelcase synergies of $
- HNI Corporation Fourth Quarter and Fiscal Year End 2025 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and fiscal year end 2025 results on: Wednesday, February 25, 2026 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday, February 25, 2026, 1:00 p.m. (Central) through
- HNI Corporation Reports Third Quarter 2025 ResultsElevated earnings visibility remains through 2026 GAAP diluted EPS $0.88 (-10% YoY) / non-GAAP diluted EPS $1.10 (+7% YoY) Productivity and operating expense control drove strong year-over-year results Q3 GAAP operating margin of 9.4%; non-GAAP operating margin of 10.8% reached highest third quarter level Strategic initiatives on track, confirming elevated earnings growth visibility through 2026 Volume growth anticipated for full year 2025 Steelcase acquisition (NYSE:SCS) expected to close before the end of calendar 2025 HNI Corporation (NYSE:HNI) today announced net sales of $683.8 million and net income of $41.2 million for the third quarter ended September 27, 2025.
- HNI Corporation Third Quarter Fiscal 2025 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2025 results on: Tuesday, October 28, 2025 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Tuesday, October 28, 2025, 1:00 p.m. (Central) through Tuesday, November 4,
- HNI Corporation to Acquire Steelcase Inc.Highly Complementary Brand Portfolios, Dealer Networks, and Industry Segments will Enhance Customer Reach Combined Capabilities to Drive Accretion and Accelerate Strategic Initiatives to Better Serve Customers HNI and Steelcase to Host Conference Call and Webcast at 8:30 AM ET Today HNI Corporation (NYSE:HNI) and Steelcase Inc. (NYSE:SCS) today announced that they have entered into a definitive agreement under which HNI will acquire Steelcase in a cash and stock transaction, with a total consideration of approximately $2.2 billion to Steelcase common shareholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250803292459
- HNI Corporation Reports Second Quarter 2025 ResultsEarnings and revenue grow year-over-year; 2025 outlook improves modestly Volume growth drove strong year-over-year earnings improvement GAAP diluted EPS $1.02 (+36% YoY) / non-GAAP diluted EPS $1.11 (+41% YoY) Q2 GAAP operating margin 10.2%; non-GAAP operating margin 11.0% reaches highest Q2 level on record Elevated earnings growth visibility remains through 2026 from initiatives already underway Volume growth anticipated for full year 2025 in both segments HNI Corporation (NYSE:HNI) today announced net sales of $667.1 million and net income of $48.2 million for the second quarter ended June 28, 2025. Highlights Strong second quarter results—revenue, margins, and ear
- HNI Corporation Second Quarter Fiscal 2025 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2025 results on: Thursday, July 24, 2025 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, July 24, 2025, 1:00 p.m. (Central) through Thursday, July 31, 2025,
- HNI Corporation Reports First Quarter 2025 ResultsDelivered year-over-year earnings and revenue growth; 2025 earnings outlook unchanged Net sales growth returned with Q1 EPS exceeding expectations as productivity gains continued GAAP EPS $0.29 (-22% YoY) / non-GAAP EPS $0.44 (+19% YoY) Q1 GAAP operating margin 4.1%; non-GAAP operating margin 5.3% reaches highest Q1 level since 2007 Elevated earnings growth visibility remains through 2026 from initiatives already underway Volume growth anticipated for full year 2025 in both segments; 2025 earnings outlook unchanged HNI Corporation (NYSE:HNI) today announced net sales of $599.8 million and net income of $13.9 million for the first quarter ended March 29, 2025. Highlights Solid
- HNI Corporation First Quarter Fiscal 2025 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2025 results on: Wednesday, May 7, 2025 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday, May 7, 2025, 1:00 p.m. (Central) through Wednesday, May 14, 2025, 10:59
- HNI Corporation Reports Fourth Quarter and Fiscal Year 2024 ResultsFull-year EPS grew double-digits for the third consecutive year Q4 EPS surpasses expectations as productivity gains accelerated Strong 2024 EPS—GAAP $2.88 (+164% YoY) / non-GAAP $3.06 (+15% YoY) Full-year operating income margin (GAAP and non-GAAP) reaches highest level since 2005 Elevated EPS visibility through 2026 from initiatives already underway Net sales growth anticipated to return in 2025 in both segments HNI Corporation (NYSE:HNI) today announced net sales of $2.526 billion and net income of $139.5 million for the full year ended December 28, 2024. Fourth quarter net sales and net income were $642.5 million and $38.3 million, respectively. Highlights Solid full-year
- HNI Corporation Fourth Quarter and Year-end Fiscal 2024 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2024 results on: Thursday, February 20, 2025 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, February 20, 2025, 1:00 p.m. (Cent
- HNI Corporation Reports Third Quarter 2024 ResultsDouble-digit EPS growth fueled by profit transformation and synergy acceleration Delivered strong third quarter EPS, GAAP $0.98 (+23% YoY) / non-GAAP $1.03 (+11% YoY) Workplace Furnishings segment operating margin (GAAP and non-GAAP) reached a 20-year high Residential Building Products segment profit grew in the third quarter despite cyclical revenue pressures Elevated earnings growth visibility extends through 2026 from initiatives already in progress Near-term volume pressures expected to negatively impact fourth-quarter results HNI Corporation (NYSE:HNI) today announced net sales for the third quarter ended September 28, 2024 of $672.2 million and net income of $47.5 million.
- HNI Corporation Third Quarter Fiscal 2024 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2024 results on: Tuesday, October 29, 2024 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Tuesday, October 29, 2024, 1:00 p.m. (Central) through Tuesday, November 5, 2024
- HNI Corporation Reports Second Quarter 2024 ResultsStrong second quarter EPS fueled by Workplace Furnishings profit transformation, Kimball International accretion, and Residential Building Products actions Delivered strong second quarter EPS, GAAP $0.75 / non-GAAP $0.79 (+44% YoY). Expanded operating margins in Workplace Furnishings +750 bps GAAP / +370 bps non-GAAP YoY. Net sales growth expected to return in both segments during the second half of 2024. 2024 EPS expected to deliver strong growth and reach an all-time high. Elevated earnings growth visibility extends beyond 2024 from initiatives already underway. HNI Corporation (NYSE:HNI) today announced net sales for the second quarter ended June 29, 2024 of $623.7 mill
- HNI Corporation Second Quarter Fiscal 2024 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2024 results on: Thursday, July 25, 2024 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, July 25, 2024, 1:00 p.m. (Central) through Thursday, August 1, 2024
- HNI Corporation Reports First Quarter 2024 ResultsStrong earnings growth driven by Workplace Furnishings profit transformation EPS of $0.37 increased 825% on a GAAP basis and 185% on a non-GAAP basis YoY. Workplace Furnishings operating margin expanded 730 bps GAAP and 720 bps non-GAAP YoY. Full-year and second quarter 2024 non-GAAP EPS expected to strongly increase YoY. HNI Corporation (NYSE:HNI) today announced sales for the first quarter ended March 30, 2024 of $588.0 million and net income of $17.7 million. Highlights Excellent earnings growth. First quarter earnings per share of $0.37 was up considerably on both a GAAP and non-GAAP basis versus the prior year despite an 8.1 percent year-over-year organic revenue decli
- HNI Corporation First Quarter Fiscal 2024 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2024 results on: Monday, April 29, 2024 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Monday, April 29, 2024, 1:00 p.m. (Central) through Monday, May 6, 2024, 10:59
- HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2023HNI Corporation (NYSE:HNI) today announced sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. Fourth quarter sales of $679.8 million were up 19 percent from year-ago levels, and fourth quarter net income was $22.7 million. GAAP net income per diluted share was $0.48, compared to $0.39 in the prior year. Non-GAAP net income per diluted share was $0.98, up from $0.63 reported in the prior-year peri
- HNI Corporation Fourth Quarter and Year-End Fiscal 2023 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2023 results on: Thursday, February 22, 2024 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, February 22, 2024, 1:00 p.m. (Central) through Tue
- HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2023HNI Corporation (NYSE:HNI) today announced sales for the third quarter ended September 30, 2023 of $711.6 million and net income of $37.8 million. GAAP earnings per diluted share declined from $1.51 in the prior year to $0.80 in the current year primarily due to a non-recurring $51 million pre-tax gain on sale that was included in the prior year results. When excluding the gain and other items in both the current and prior year periods, non-GAAP net income per diluted share was $0.93 in the current year, compared to $0.71 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. Third Quarter Highlights Strong profit growth. While GAAP earning
- HNI Corporation Third Quarter Fiscal 2023 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2023 results on: Tuesday, October 31, 2023 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Tuesday, October 31, 2023, 1:00 p.m. (Central) through Tuesday, November 7,
- HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2023HNI Corporation (NYSE:HNI) today announced sales for the second quarter ended July 1, 2023 of $563.5 million and a net loss of $12.8 million. GAAP earnings per diluted share declined from $0.72 in the prior year to ($0.30) in the current year primarily due to transaction expenses related to the acquisition of Kimball International. When excluding acquisition expenses and select other items, non-GAAP net income per diluted share was $0.55, compared to $0.52 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. Second Quarter Highlights Grew non-GAAP profit in a challenging demand environment. Although one-time expenses related to the Kimbal
- HNI Corporation Second Quarter Fiscal 2023 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2023 results on: Tuesday, August 8, 2023 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Tuesday, August 8, 2023, 1:00 p.m. (Central) through Tuesday, August 15, 202
- HNI Corporation Reports Earnings for First Quarter Fiscal Year 2023HNI 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.
- HNI Corporation First Quarter Fiscal 2023 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2023 results on: Monday, May 8, 2023 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Monday, May 8, 2023, 1:00 p.m. (Central) through Monday, May 15, 2023, 10:59 p.m.
- HNI Corporation to Acquire Kimball InternationalHighly 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
- HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022HNI Corporation (NYSE:HNI) today announced sales for the full year ended December 31, 2022 of $2.362 billion and net income of $123.9 million. GAAP net income per diluted share was $2.94, compared to $1.36 in the prior year. Non-GAAP net income per diluted share was $2.20, compared to $1.63 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. Fourth quarter sales of $568.9 million were down 6 percent from year-ago levels, and fourth quarter net income was $16.3 million. GAAP net income per diluted share was $0.39, compared to $0.19 in the prior year, equal to a year-over-year increase of 105 percent. Non-GAAP net income per diluted share was
- HNI Corporation Fourth Quarter and Year-End Fiscal 2022 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2022 results on: Thursday, February 23, 2023 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To participate in the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, February 23, 2023, 1:00 p.m. (Central) through Th
- HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2022HNI Corporation (NYSE:HNI) today announced sales for the third quarter ended October 1, 2022 of $598.8 million and net income of $63.1 million. GAAP net income per diluted share, which included a $51 million pre-tax gain from the sale of Lamex, was $1.51, compared to $0.43 in the prior year. Non-GAAP net income per diluted share was $0.71, compared to $0.43 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. Highlights Strong earnings growth. In the third quarter, the Corporation delivered 65 percent growth in non-GAAP earnings per share on a year-over-year basis, driven by positive price-cost and improving product mix. Solid top- and bo
- HNI Corporation Third Quarter Fiscal 2022 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2022 results on: Monday, October 24, 2022 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To participate in the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Monday, October 24, 2022, 1:00 p.m. (Central) through Monday, October 31, 20
- HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2022HNI Corporation (NYSE:HNI) today announced sales for the second quarter ended July 2, 2022 of $621.7 million and net income of $30.3 million. GAAP net income per diluted share was $0.72, compared to $0.39 in the prior year. Non-GAAP net income per diluted share was $0.52, compared to $0.40 in the prior year. GAAP to Non-GAAP reconciliations follow the financial statements in this release. Highlights Strong earnings growth. In the second quarter, the Corporation delivered 23 percent operating income growth and increased non-GAAP earnings per share 30 percent on a year-over-year basis, driven by solid organic volume growth and positive price-cost. Lamex divestiture allows for better focu
- HNI Corporation Second Quarter Fiscal 2022 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2022 results on: Thursday, July 28, 2022 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To participate in the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, July 28, 2022, 1:00 p.m. (Central) through Thursday, August 4, 202
- HNI Corporation Reports Earnings for First Quarter Fiscal Year 2022HNI Corporation (NYSE:HNI) today announced sales for the first quarter ended April 2, 2022 of $572.3 million and net income of $14.2 million. GAAP net income per diluted share was $0.33, compared to $0.34 in the prior year. Non-GAAP net income per diluted share was $0.33, compared to $0.36 in the prior year. GAAP to Non-GAAP reconciliations follow the financial statements in this release. First Quarter Highlights Positive price-cost and sequential gross profit margin improvement. The Corporation delivered positive price-cost, despite record levels of inflation during the quarter. This, along with the benefits of the previously discussed business simplification and labor capacity actions,
- HNI Corporation First Quarter Fiscal 2022 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2022 results on: Thursday, April 28, 2022 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To participate in the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Thursday, April 28, 2022, 1:00 p.m. (Central) through Thursday, May 5, 2022,
- HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2021HNI Corporation (NYSE:HNI) today announced sales for the full year ended January 1, 2022 of $2.184 billion and net income of $59.8 million. GAAP net income per diluted share was $1.36, compared to $0.98 in the prior year. Non-GAAP net income per diluted share was $1.63, compared to $1.79 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release. Fourth quarter sales of $602.9 million were up 7 percent from year-ago levels, and fourth quarter net income was $8.2 million. GAAP net income per diluted share was $0.19, compared to $0.52 in the prior year. Non-GAAP net income per diluted share was $0.43, compared to $0.66 in the prior year. Fourth Quart
- HNI Corporation Fourth Quarter and Year-end Fiscal 2021 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2021 results on: Monday, February 28, 2022 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To participate in the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Monday, February 28, 2022, 1:00 p.m. (Central) through Monday
- HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2021HNI Corporation (NYSE:HNI) today announced sales for the third quarter ended October 2, 2021 of $586.7 million and net income of $19.2 million. GAAP net income per diluted share was $0.43, compared to $0.71 in the prior year. There was no variation between GAAP and Non-GAAP net income per diluted share in the third quarter of 2021 or 2020. Third Quarter Highlights Strong growth in Residential Building Products: Third quarter 2021 revenue grew 26 percent on a year-over-year basis, and operating profit increased more than 10 percent versus third quarter 2020 levels despite multiple sources of pressure. Continuing recovery in Workplace Furnishings: Third quarter 2021 revenue was up approx
- HNI Corporation Third Quarter Fiscal 2021 Results Conference CallHNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2021 results on: Monday, October 25, 2021 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To participate in the call, please dial: 1-833-522-0258 (Toll-free) Conference ID: 3066955 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Monday, October 25, 2021, 1:00 p.m. (Central) through Monday, November 1, 20
- HNI Corporation Provides Business UpdateHNI Corporation (NYSE:HNI) today provided an update on recent business conditions. Specifically, the Corporation is reporting strong order trends; however, labor availability, supply chain challenges, and input cost inflation are creating greater-than-expected capacity constraints and negatively impacting near-term revenue growth and profit levels. Order Growth QTD Q3:21 vs. 2020 vs. 2019 Orders Backlog Orders Backlog Workplace Furnishings +29% +99% +3% +83% Residential Building Products +41% +168% +57% +217% Third quarter Workplace Furnishin