Welcome to our dedicated page for Hni news (Ticker: HNI), a resource for investors and traders seeking the latest updates and insights on Hni stock.
HNI Corporation (NYSE: HNI) serves as a leading innovator in commercial furnishings and residential hearth products, with this news hub providing essential updates for stakeholders. Track official announcements spanning workplace furniture developments, residential product innovations, and strategic business initiatives.
This centralized resource offers investors and industry professionals timely access to earnings reports, leadership changes, manufacturing advancements, and market expansion updates. All content undergoes rigorous verification to ensure accuracy and relevance to HNI's core operations in office solutions and home comfort technologies.
Key coverage areas include product line expansions in ergonomic office systems, sustainability initiatives across manufacturing facilities, and partnerships within the building products sector. The archive maintains complete records of SEC filings, investor communications, and operational milestones since the company's 1944 founding.
Bookmark this page for direct access to HNI's evolving story in commercial interiors and residential heating solutions. Combine regular visits with portfolio monitoring tools for comprehensive market analysis of this durable goods manufacturer.
HNI Corporation has released its biennial Corporate Responsibility Report, showcasing significant environmental and social achievements. The company achieved a 79% reduction in Scope 1 and 2 greenhouse gas emissions and advanced its zero waste initiative, with ten sites reaching zero waste to landfill status.
Key highlights include a $1 million donation to Muscatine Mulberry Health Clinic and $500,000 pledge to Regional Wellness Center in Jasper, Indiana. The company expanded member support through translation services and leadership training. Environmental initiatives include eliminating polystyrene foam packaging and improving chemical transparency through Health Product Declarations.
As a manufacturer of workplace furnishings and residential building products, HNI operates through two segments: Workplace Furnishings and Residential Building Products. The latter leads the nation in hearth products manufacturing, including gas, electric, wood, and pellet-burning fireplaces and accessories.
HNI (NYSE: HNI) has announced its upcoming first quarter fiscal 2025 earnings conference call scheduled for Wednesday, May 7, 2025, at 11:00 a.m. Eastern time. The company will release its Q1 2025 results before the market opens on the same day.
The conference call will be accessible via phone (toll-free: 1-855-761-5600, Conference ID: 7175411) and through a live webcast on the company's investor relations website. A replay will be available until May 14, 2025.
HNI , with over 75 years of experience, operates through two main segments: Workplace Furnishings, a global commercial furnishings provider, and Residential Building Products, the nation's leading manufacturer of hearth products including fireplaces, stoves, and accessories.
HNI (NYSE: HNI) reported strong financial results for fiscal year 2024, with net sales of $2.526 billion and net income of $139.5 million. The company achieved its third consecutive year of double-digit EPS growth, with full-year GAAP EPS of $2.88 (+164% YoY) and non-GAAP EPS of $3.06 (+15% YoY).
Fourth quarter performance showed net sales of $642.5 million and net income of $38.3 million. Operating cash flow exceeded $225 million in 2024, with year-ending gross debt leverage at 1.1x. The company's operating margin reached its highest level since 2005, driven by profit transformation initiatives, synergy benefits, and price-cost strategies.
Looking ahead, HNI expects net sales growth to return in 2025 in both segments, with Workplace Furnishings showing encouraging order rates and backlog levels. The company anticipates additional EPS benefits of $0.70 to $0.80 over 2025-2026 from Kimball International synergies and Mexico facility ramp-up.
HNI (NYSE: HNI) has declared a quarterly dividend of 33 cents per share on its common stock. The dividend will be payable on March 5, 2025, to shareholders of record at the close of business on February 24, 2025.
HNI operates through two main segments: The Workplace Furnishings segment, which is a global designer and provider of commercial furnishings, and the Residential Building Products segment, which leads the nation in manufacturing and marketing hearth products, including gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories.
HNI (NYSE: HNI) has announced its upcoming fourth quarter and year-end fiscal 2024 results conference call, scheduled for Thursday, February 20, 2025 at 11:00 a.m. Eastern time. The company plans to release its financial results before the market opens on the same day.
Investors can access the call by dialing 1-855-761-5600 (toll-free) with Conference ID: 7175411. A live webcast will be available on HNI's investor relations website, and a replay will be accessible from February 20 to February 27, 2025.
HNI operates through two segments: Workplace Furnishings, which provides commercial furnishings globally, and Residential Building Products, which leads the nation in hearth products manufacturing including fireplaces, stoves, and accessories.
HNI (NYSE: HNI) has been recognized among America's Most Responsible Companies, ranking No. 36 on Newsweek's 2025 list and securing the third position in the Retail and Consumer Goods category. This marks the company's sixth consecutive year on the prestigious list of top 600 responsible companies in the United States.
The selection process evaluated 2,000 of the largest U.S.-based publicly traded companies, considering over 30 key performance indicators across environmental, social, and governance areas. HNI's recognition reflects its progress in corporate responsibility, focusing on three pillars: reducing operational impacts, creating sustainable products, and respecting people. Notable achievements include reductions in Scope 1 and 2 emissions, zero waste to landfill at multiple facilities, and decreased energy consumption.
HNI (NYSE: HNI) has declared a quarterly dividend of 33 cents per share on its common stock. The dividend will be payable on December 2, 2024, to shareholders of record as of November 18, 2024. HNI is a manufacturer of workplace furnishings and residential building products, operating through two segments: Workplace Furnishings and Residential Building Products. The company is a leading global designer of commercial furnishings and the nation's leading manufacturer of hearth products.
HNI reported Q3 2024 results with net sales of $672.2 million and net income of $47.5 million. GAAP EPS increased 23% to $0.98, while non-GAAP EPS grew 11% to $1.03 year-over-year. The Workplace Furnishings segment achieved a 20-year high operating margin, while Residential Building Products grew profit despite revenue pressures. The company expects $45-50 million in savings from Kimball International synergies and Mexico facility operations through 2026. However, fourth-quarter results are expected to be impacted by volume pressures due to U.S. election uncertainty and macroeconomic conditions.
HNI (NYSE: HNI) announced a leadership change in its financial department. Marshall H. Bridges will retire as Senior Vice President and Chief Financial Officer (CFO) on December 28, 2024. The Board of Directors has appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024.
Berger, 52, has been with HNI for 27 years and currently serves as EVP and President of Hearth and Home Technologies. He is a certified public accountant with over 30 years of experience in finance, operations, and leadership roles. After retirement, Bridges will continue part-time, assisting with strategic projects focused on artificial intelligence.
Jeff Lorenger, Chairman, President, and CEO, expressed confidence in Berger's appointment, citing his comprehensive understanding of the residential building products segment and deep knowledge of HNI's business.
HNI (NYSE: HNI) has announced its upcoming third quarter fiscal 2024 results conference call, scheduled for Tuesday, October 29, 2024 at 11:00 a.m. Eastern time. Investors can join the call by dialing 1-855-761-5600 (Toll-free) with Conference ID: 7175411. A live webcast will be available on the company's investor relations website, with a replay accessible until November 5, 2024.
HNI plans to release its Q3 2024 results before the market opens on October 29, 2024. The results will be posted on the company's website. HNI , a manufacturer of workplace furnishings and residential building products, operates under two segments: Workplace Furnishings and Residential Building Products, offering commercial furnishings and hearth products respectively.
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