Articles from HNI Corporation

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2024 results on:

HNI Corporation (NYSEHNI) announced today it has once again been recognized among America’s Most Responsible Companies, ranking No. 36 on Newsweek's 2025 list and number three within the Retail and Consumer Goods category. This marks the sixth consecutive year that HNI has been featured on the prestigious list of the top 600 most responsible companies in the United States.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 33 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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 (NYSEHNI) announced today Marshall H. Bridges notified the Corporation on September 27, 2024, of his decision to retire as Senior Vice President and Chief Financial Officer (CFO), effective December 28, 2024.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2024 results on:

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 33 cents per share on its common stock.

HNI Corporation (NYSEHNI) today announced the installation of solar energy systems at two strategic manufacturing locations. These solar projects underscore HNI's proactive approach toward environmental responsibility, sustainability, and combating climate change.

HNI Corporation (NYSEHNI) today announced net sales for the second quarter ended June 29, 2024 of $623.7 million and net income of $36.0 million.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2024 results on:

HNI Corporation (NYSEHNI) announced the election of David Roberts to the Corporation’s Board of Directors.

HNI Corporation (NYSEHNI) announced today it will close its Hickory, North Carolina, manufacturing plant during the first half of 2025 and consolidate production into its other North American facilities.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 33 cents per share on its common stock.

HNI Corporation (NYSEHNI) today announced sales for the first quarter ended March 30, 2024 of $588.0 million and net income of $17.7 million.

HNI Corporation (NYSEHNI) announced it has received a Better Project Award from the U.S. Department of Energy’s Better Buildings Initiative.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2024 results on:

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2023 results on:

HNI Corporation (NYSEHNI) announced today it has again been recognized among America’s Most Responsible Companies, ranking number six among consumer goods companies and number 31 in the overall ranking on Newsweek's 2024 list. For the fifth year in a row HNI has ranked high on this list of the top 600 most responsible companies in the United States.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) announced today it has been recognized by the U.S. Department of Energy (DOE) for achieving its scope 1 and 2 emissions reduction goal as a partner in the Better Climate Challenge. HNI has reduced scope 1 and 2 emissions by 64% through the purchase of renewable electricity and energy efficiency efforts across its portfolio.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2023 results on:

HNI Corporation (NYSEHNI) announced today it has been named to the U.S. News Best Companies to Work For in the Miscellaneous Products & Services Industry, ranking among the top companies recognized for creating a positive work environment.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2023 results on:

HNI Corporation (NYSEHNI) and its family of brands are proud to release the Corporation’s biennial Corporate Social Responsibility Report, which details continued commitment to and progress towards a more inclusive, safe, and sustainable future. As seen in the report, HNI is making progress on the company’s measurable goals contributing to its long-term growth and success. The report includes stories and details of activities undertaken by HNI to reduce energy use, emissions, and waste, and further integrate sustainability into HNI’s company culture.

HNI Corporation (NYSEHNI) announced today the completion of its acquisition of Kimball International, Inc. NASDAQ: KBALNASDAQKBAL)

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2023 results on:

HNI Corporation (NYSEHNI) and Kimball International, Inc. NASDAQ: KBALNASDAQKBAL)

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2022 results on:

HNI Corporation (NYSEHNI) announced today it has been recognized among the top ten of America’s Most Responsible Companies, ranking No. 6 on Newsweek's 2023 list of America's Most Responsible Companies. The annual recognition, acknowledging the top 500 most responsible companies in the United States across 14 industries, is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2022 results on:

HNI Corporation (NYSEHNI) announced the election of Patrick D. Hallinan to the Corporation’s Board of Directors.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2022 results on:

HNI Corporation (NYSEHNI) today announced it has completed the sale of its China– and Hong Kong–based Lamex office furniture business. The business was acquired by Kokuyo Co., Ltd. for 75 million US dollars, subject to standard post-closing adjustments. Kokuyo is a leading manufacturer and provider of office furniture in Japan and across Asia.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2022 results on:

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 31 cents per share on its common stock.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2021 results on:

HNI Corporation (NYSEHNI) HNI Corporation, a leading manufacturer of workplace furnishings and residential building products, announces its 75th anniversary.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 31 cents per share on its common stock.

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2021 results on:

HNI Corporation (NYSEHNI) 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.

HNI Corporation (NYSEHNI) announced it is opening a new office furniture manufacturing plant in Saltillo, Mexico. The facility will provide additional capacity to meet HNI’s growing customer demand for office seating. Contingent upon regulatory approvals, the new 160,000 square foot facility is expected to employ an additional 250 workers and will begin production in the first quarter of 2022. The plant will be located in the Mencorsa Industrial Park, Colonia San Jose de los Cerritos. HNI plans to continue increasing staffing levels at the Corporation’s other primary manufacturing locations in North America.

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 31 cents per share on its common stock.

HNI Corporation (NYSEHNI) today announced sales for the second quarter ended July 3, 2021 of $510.5 million and net income of $17.4 million. GAAP net income per diluted share was $0.39, compared to $0.29 in the prior year. Non-GAAP net income per diluted share was $0.40, compared to $0.20 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2021 results on:

HNI Corporation (NYSEHNI) announced today its Board of Directors declared a quarterly dividend of 31 cents per share on its common stock.

HNI Corporation (NYSEHNI) today announced sales for the first quarter ended April 3, 2021 of $484.3 million and net income of $15.0 million. GAAP net income (loss) per diluted share was $0.34, compared to $(0.56) in the prior year. Non-GAAP net income per diluted share was $0.36, compared to $0.21 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

HNI Corporation (NYSEHNI)

HNI Corporation (NYSEHNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2021 results on: