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HNI

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Thursday, October 16th, 2014

HNI reports strong Q3 2014 results

American maker of professional furniture, HNI Corporation, announced sales for the third quarter ended September 27, 2014, of $614.7 million (+8.7%) and net income of $33.6 million, or $0.74 per diluted share. Non-GAAP net income per diluted share improved 33% from the prior year quarter to $0.81, which excludes restructuring and transition costs. “We delivered

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Thursday, July 17th, 2014

HNI announces Q2 2014 results

American professional furniture maker HNI Corporation, announced sales for the second quarter ended June 28, 2014, of USD 509.1 million. This is 0.3% lower than Q2 2013: USD 507.5 million. Net income amounted to USD 9.7 million,...

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Monday, May 12th, 2014

HNI plans to close U.S. furniture manufacturing facility

American professional furniture maker, HNI disclosed in a regulatory filing that it has approved the closure of its Florence, Alabama, USA office furniture manufacturing facility as part of its plan to reduce structural costs. The company expects...

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Thursday, April 17th, 2014

HNI reports increased sales and income for Q1 2014

American professional furniture and hearth maker HNI Corporation continues to do well. After having closed fiscal 2013 with satisfactory sales results and strong profit growth, HNI seems to be continuing on the same path. HNI announced sales...

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Wednesday, February 5th, 2014

HNI does well in 2013

American professional furniture and hearth maker, HNI, reported sales of $2.1 billion for fiscal 2013, a 2.8% increase from prior year, and net income of $63.7 million, a 30.1% increase from prior year. “We are pleased with...

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Friday, January 24th, 2014

New president with Paoli

Jasper (USA) resident Mona Hoffman has been promoted to president of Paoli, LLC. Paoli is an office manufacturer and operating company of American professional furniture maker, HNI Corporation. HNI Corporation announced Hoffman’s promotion to the position of...

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Thursday, July 18th, 2013

HNI publishes second quarter results

American professional furniture producer, HNI Corporation (HNI), announced sales for the second quarter ended June 29, 2013, of $510.7 million, a 6% increase from the prior year quarter. Compared to prior year quarter, divestitures, partially offset by...

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Wednesday, May 8th, 2013

HNI’s results, market drivers, vision and strategy

American professional furniture maker HNI Corporation recently released its results for Q1 2013. Yesterday, HNI held their 2012 annual shareholders’ meeting and they have now published their presentation. The presentation consists of 39 slides and provides a concise...

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Wednesday, February 6th, 2013

HNI confident about year results

American professional furniture producer and hearths maker HNI Corporation announced sales of $527.5 million and net income of $17.6 million for the fourth quarter ended December 29, 2012. For fiscal year 2012, HNI reported sales of $2.0...

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Thursday, December 6th, 2012

2012 – 2013 outlook for the U.S. office furniture industry

An updated outlook has the office furniture industry now finishing 2012 down slightly and returning to growth in 2013. The outlook from the Grand Rapids-based Business and Institutional Furniture Manufacturers Association (BIFMA), prepared by IHS Global Insight...

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