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Kimball International, Inc. (NASDAQ: KBAL) has declared a quarterly cash dividend of $0.09 per share, payable on January 13, 2023, to shareholders of record by December 20, 2022. This decision reflects the company’s ongoing commitment to rewarding its shareholders. Kimball International is a key player in the commercial furnishings market, specializing in Workplace, Health, and Hospitality sectors, with a legacy of over 70 years. The company emphasizes personalized solutions and strong customer relationships.
Kimball International (NASDAQ: KBAL) plans to announce its first quarter fiscal year 2023 financial results on November 3, 2022, after market close. A conference call will be held at 5:00 p.m. ET on the same day to discuss the financial performance. Interested participants can join the call by dialing 1-877-270-2148 or internationally at 1-412-902-6510. The call will also be available via a live webcast.
Kimball International (NASDAQ: KBAL) will participate in the Sidoti September Small-Cap Virtual Conference, presenting on September 21 at 11:30 a.m. ET. CEO Kristie Juster and CFO T.J. Wolfe will lead the discussion, which can be accessed via a live audio webcast. A replay will be available for three months post-conference. Kimball International specializes in commercial furnishings across various markets, including Workplace, Health, and Hospitality, focusing on customized solutions and meaningful designs.
Kimball International (NASDAQ: KBAL) announced a quarterly cash dividend of $0.09 per share payable on October 14, 2022, to shareholders of record on September 23, 2022. This marks the company's ongoing commitment to returning value to shareholders. Kimball, known for its expertise in commercial furnishings across various markets, emphasizes personalized experiences through its family of brands, including Kimball, National, and Poppin. The company remains dedicated to craftsmanship and nurturing lasting connections with its shareholders and communities.
Kimball International reported a 21% increase in Q4 net sales to $176.9 million, driven by strong demand in Workplace and Health markets. Gross margin expanded by 370 basis points to 34.3%, while net income was $4.4 million, or $0.12 per diluted share. Adjusted EBITDA reached $13.6 million. For fiscal 2023, the company anticipates revenue growth of 15% and EBITDA growth of 47%. Kimball's order rate increased by 18%, showcasing solid momentum, particularly from its ancillary product portfolio.
Kimball International (NASDAQ: KBAL) will release its fourth quarter and fiscal year 2022 financial results on August 4, 2022, after market close. A conference call will follow at 5:00 p.m. ET to discuss the financial performance. Interested participants can join via 800-715-9871 (U.S.) or 646-307-1963 (international), using passcode 4129345. The call will also be available as a live webcast and archived on the company’s investor relations website.
Kimball International (KBAL) reported a robust 30% increase in net sales for the third quarter of FY 2022, amounting to $180.9 million, with a gross margin expansion of 180 basis points to 30.5%. Net income surged to $6.3 million or $0.17 per diluted share, compared to a loss of $4.5 million in the prior year. The company anticipates continued strong demand, projecting a 25% sales growth for Q4 FY 2022, bolstered by effective cost management and pricing strategies amid inflation. CEO Kristie Juster emphasized improved profitability driven by sales growth in key markets.
Kimball International, Inc. (NASDAQ: KBAL) declared a quarterly cash dividend of $0.09 per share for all outstanding common stock. This dividend is payable on July 15, 2022, to shareholders of record on June 24, 2022. Kimball International, based in Jasper, Indiana, specializes in omnichannel commercial furnishings and has a strong presence in the Workplace, Health, and Hospitality sectors. Their commitment to craftsmanship and design excellence supports their long-standing relationships with customers and shareholders.
Kimball International (NASDAQ: KBAL) will report its third quarter fiscal year 2022 financial results on May 3, 2022, post-market. A conference call will take place the same day at 5:00 p.m. ET to discuss the results. U.S. participants can call 844-602-5643, while international callers should dial 574-990-3014, using passcode 7999947. The earnings call will be available via live webcast and archived on their investor relations website.
Kimball specializes in commercial furnishings across various markets, focusing on customized solutions.
