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) generates news across its workplace furnishings and residential building products businesses, as well as through corporate and capital markets activity. The company operates through two segments—Workplace Furnishings and Residential Building Products—and regularly issues updates on operations, strategic initiatives, and financial performance.
On this page, readers can follow HNI news related to manufacturing network changes, such as the announced exit of the Wayland, New York, facility and the consolidation of production into other North American plants. HNI has framed this move as part of an operational improvement plan in its workplace furnishings business, with expectations for productivity gains and continued support for brands such as Gunlocke.
HNI news coverage also includes information on acquisitions and corporate development. The company completed the acquisition of Steelcase Inc., as detailed in a Form 8-K filed on December 10, 2025, and has previously discussed the integration of Kimball International. These items appear in press releases and regulatory filings that describe transaction terms, financing arrangements, and expected synergies.
Investors and followers of HNI can also find updates on quarterly earnings, dividend declarations, exchange offers related to debt securities, and amendments to credit agreements. For example, HNI reports quarterly segment results for Workplace Furnishings and Residential Building Products, and it has announced actions such as an exchange offer for Steelcase notes and the establishment of a term loan B facility.
By reviewing the news items associated with HNI, readers can monitor developments in its commercial furnishings and hearth product businesses, as well as significant corporate events that may influence the company’s strategic direction and capital structure.
HNI (NYSE: HNI) reported fiscal 2025 net sales of $2.839 billion and full‑year net income of $54.2 million. GAAP diluted EPS was $1.11; non‑GAAP diluted EPS excluding Steelcase was $3.74 (+22% YoY). HNI completed the Steelcase acquisition, targets $120 million of synergies and $1.20 non‑GAAP EPS accretion when fully realized. Consolidated Q4 net sales were $888.4 million with an organic Q4 sales increase of 10.1%. Post‑close net debt/EBITDA was 2.0x, with leverage expected to return to pre‑acquisition levels in 18–24 months.
HNI Corporation (NYSE: HNI) declared a quarterly dividend of $0.34 per share. The dividend is payable on March 11, 2026 to shareholders of record at the close of business on March 2, 2026.
HNI is a manufacturer of workplace furnishings and residential building products, operating two segments: Workplace Furnishings and Residential Building Products.
HNI Corporation (NYSE: HNI) will host a conference call to discuss fourth quarter and fiscal year end 2025 results on Wednesday, February 25, 2026 at 11:00 a.m. ET.
A live webcast will be available at HNI Corporation’s investor site and a replay of the webcast and call will be available from Feb 25, 2026, 1:00 p.m. CT through Mar 4, 2026, 10:59 p.m. CT.
HNI (NYSE: HNI) will exit its Wayland, NY manufacturing facility in 2027 and consolidate production into other North American sites to meet capacity and improve productivity. HNI expects annual cost savings of approximately $7.5–$8.0 million once fully mature. Integration of Kimball International helped enable the move and HNI now anticipates $68 million of total cost synergies from that integration by year-end 2028. The company estimates pre-tax charges of $14.9 million across 2026–2027 (including $5.7 million non-cash charges). The action will result in about 135 Wayland job terminations.
HNI (NYSE: HNI) announced completion of its acquisition of Steelcase (NYSE: SCS), creating a combined enterprise with pro forma annual revenues of $5.8 billion. Shareholders of Steelcase received, by election, one of three consideration options that mix cash and HNI stock: (a) $7.20 plus 0.2192 HNI shares, (b) $16.19 plus 0.0009 HNI shares, or (c) 0.3940 HNI shares; fractional HNI shares will be paid in cash. HNI will keep its headquarters in Muscatine, Iowa; Steelcase will remain in Grand Rapids, Michigan. HNI’s board expanded from 10 to 12 directors to include two former independent Steelcase board members.
HNI (NYSE: HNI) announced the expiration and final results of its exchange offer and consent solicitation tied to its proposed acquisition of Steelcase (NYSE: SCS).
HNI offered up to $450,000,000 of new 5.125% Senior Secured Notes due 2029 in exchange for Steelcase's 5.125% Senior Notes due 2029. As of the 5:00 p.m. New York time Expiration Date on December 5, 2025, holders tendered $351,008,000 (78.00%) of the existing notes. HNI received earlier consents on October 9, 2025 to amend the Steelcase indenture; settlement and the Acquisition are expected to occur on December 10, 2025.
HNI (NYSE: HNI) and Steelcase (NYSE: SCS) announced shareholder approvals advancing HNI’s proposed acquisition of Steelcase under their August 3, 2025 merger agreement. HNI shareholders cast 84.52% of outstanding shares in favor of issuing HNI stock to Steelcase holders; 96.88% of shares voted at HNI’s special meeting. Steelcase shareholders cast 69.93% of outstanding shares in favor of adopting the merger; 99.60% of shares voted at Steelcase’s special meeting. Both companies said they will file Current Reports on Form 8-K with the SEC. The transaction is anticipated to close on December 10, 2025, subject to customary closing conditions.
HNI (NYSE: HNI) and Steelcase (NYSE: SCS) announced preliminary election results for the merger consideration under their August 3, 2025 merger agreement.
As of the 5:00 p.m. ET election deadline on December 4, 2025, shareholders elected: 95,489,941 shares for Mixed Consideration, 8,018,090 for Cash Consideration, and 11,968,798 for Stock Consideration. Default elections were treated as Mixed Consideration.
The Merger Consideration formulas specify (i) Mixed: 0.2192 HNI shares + $7.20 cash, (ii) Cash: $7.20 + 0.2192×HNI VWAP, and (iii) Stock: 0.2192 + ($7.20 / HNI VWAP). Results are preliminary and subject to guaranteed delivery procedures; completion remains subject to shareholder approvals and customary closing conditions.
HNI (NYSE: HNI) and Steelcase (NYSE: SCS) set the shareholder election deadline for the proposed merger at 5:00 p.m. ET on December 4, 2025. Steelcase shareholders must submit election forms to Equiniti Trust Company by that time or be deemed to receive the Mixed Consideration of 0.2192 HNI shares plus $7.20 cash per Steelcase share.
Elections for all-cash or all-stock will be automatically adjusted using a volume-weighted average closing price of HNI over 10 consecutive trading days ending two full trading days before closing. Election materials were mailed beginning November 6, 2025 to record holders as of October 30, 2025. Completion remains subject to shareholder approvals and customary closing conditions.
HNI (NYSE: HNI) announced a quarterly dividend of $0.34 per share. The board declared the dividend on November 5, 2025, payable on December 1, 2025 to shareholders of record at the close of business on November 17, 2025.
HNI designs and manufactures workplace furnishings and residential building products and has operated for more than 75 years. The announcement provides the dividend amount, record date, and payment date for investors.