MARKET

HNI

HNI

Hni Corp
NYSE
54.50
+0.56
+1.04%
After Hours: 54.50 -0.06 -0.11% 16:10 07/26 EDT
OPEN
54.30
PREV CLOSE
53.94
HIGH
54.77
LOW
52.90
VOLUME
563.72K
TURNOVER
0
52 WEEK HIGH
54.77
52 WEEK LOW
27.00
MARKET CAP
2.58B
P/E (TTM)
40.57
1D
5D
1M
3M
1Y
5Y
1D
HNI Corporation reports mixed Q2 results; issues FY24 soft outlook
HNI Corporation reports mixed Q2 results; issues FY24 soft outlook. 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. The Corporation expects $70 to $75 million of savings associated with KII synergies.
Seeking Alpha · 1d ago
*HNI: 2024 EPS Expected to Deliver Strong Growth and Reach All-Time High >HNI
Dow Jones · 1d ago
*HNI: Net Sales Growth Expected to Return in Both Segments During 2H
Dow Jones · 1d ago
*HNI 2Q EPS 75c >HNI
Dow Jones · 1d ago
*HNI 2Q Net $36M >HNI
Dow Jones · 1d ago
*HNI 2Q Adj EPS 79c >HNI
Dow Jones · 1d ago
*HNI 2Q Sales $623.7M >HNI
Dow Jones · 1d ago
HNI: Q2 Earnings Snapshot
HNI Corp. Reports net income of $36 million in its second quarter. The maker of office furniture and fireplaces posted revenue of $623.7 million in the period. Muscatine, Iowa-based company says it had profit of 75 cents per share.
Barchart · 1d ago
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About HNI
HNI Corporation is a provider of workplace furnishings and residential building products. The workplace furnishings segment manufactures and markets a line of commercial and home office furniture, which includes panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and social collaborative items. The residential building products segment manufactures and markets a range of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories. Its products are sold primarily through independent dealers, office product distributors, eCommerce retailers, and wholesalers but also directly to end-user customers and federal, state, and local governments. Its brands include HON, Allsteel, Beyond, D’style, Gunlocke, Kimball, HBF, HBF Textiles and HNI India. It exports select products through its export subsidiary to North America, principally the Caribbean, Latin America, and Mexico.

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