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HNI Corp. - HNI STOCK NEWS

Welcome to our dedicated news page for HNI (Ticker: HNI), a resource for investors and traders seeking the latest updates and insights on HNI.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HNI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HNI's position in the market.

News
HNI Corporation Receives DOE Better Project Award
Rhea-AI Summary
HNI (NYSE: HNI) has been honored with a Better Project Award from the U.S. Department of Energy's Better Buildings Initiative for its energy-efficient initiatives in manufacturing operations. The company's optimization of paint booth ovens led to a 30% reduction in energy demand per oven and improved efficiency, greenhouse gas emissions, and working conditions. HNI's commitment to sustainability and continuous improvement has been recognized by industry leaders and government officials.
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End-of-Day
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HNI Corporation First Quarter Fiscal 2024 Results Conference Call
Rhea-AI Summary
HNI (NYSE: HNI) will host its quarterly conference call to discuss first quarter fiscal 2024 results on April 29, 2024. Investors can listen to the call via phone or webcast. Results will be released before the market opens on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.96%
Tags
earnings
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HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2023
Rhea-AI Summary
HNI Corporation reported sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, up from $2.20 in the prior year. Fourth quarter sales were up 19 percent year-over-year, with strong earnings growth and workplace furnishings margin expansion. The Kimball International acquisition added $16 million to fourth quarter operating profit, with estimated synergies exceeding initial projections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
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earnings
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HNI Corporation Announces Quarterly Dividend
Rhea-AI Summary
HNI Corporation (HNI) declares a quarterly dividend of 32 cents per share on its common stock, payable on March 6, 2024. Shareholders of record on February 26, 2024, will receive the dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
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dividends
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HNI Corporation Fourth Quarter and Year-End Fiscal 2023 Results Conference Call
Rhea-AI Summary
HNI Corporation (NYSE: HNI) is set to host its quarterly conference call to discuss fourth quarter and year-end fiscal 2023 results on February 22, 2024. The call will be available via phone and webcast, with a replay option. The company plans to release its results before the market opens on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
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earnings
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HNI Corporation Ranks Among America's Most Responsible Companies for 2024
Rhea-AI Summary
HNI Corporation (NYSE: HNI) has been recognized among America’s Most Responsible Companies, ranking number six among consumer goods companies and number 31 in the overall ranking on Newsweek's 2024 list. This is the fifth consecutive year HNI has ranked high on this list. The company's Chairman, President, and CEO, Jeff Lorenger, expressed gratitude for the acknowledgment, emphasizing the company's commitment to corporate social responsibility and its progress on long-term goals. The selection process was based on publicly available key performance indicators, including environmental sustainability, social responsibility, and corporate governance, as well as an independent survey of U.S. citizens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
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none
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HNI Corporation Announces Quarterly Dividend
Rhea-AI Summary
HNI Corporation (NYSE: HNI) declares quarterly dividend of 32 cents per share, payable on December 1, 2023, to shareholders of record at the close of business on November 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
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dividends
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HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2023
Rhea-AI Summary
HNI Corporation reports Q3 2023 sales of $711.6 million and net income of $37.8 million. GAAP earnings per diluted share declined from $1.51 to $0.80 due to a non-recurring gain in the prior year. Non-GAAP net income per diluted share was $0.93, compared to $0.71 in the prior year. Workplace Furnishings segment sees substantial margin expansion. Kimball International acquisition adds $15.2 million in GAAP operating profit. Poppin divestiture eliminates an annual operating loss of nearly $20 million. Residential Building Products margin remains resilient despite housing market weakness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
Tags
earnings
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HNI Corporation Achieves Better Climate Challenge Emissions Goal
Rhea-AI Summary
HNI Corporation has been recognized by the U.S. Department of Energy for achieving its scope 1 and 2 emissions reduction goal as a partner in the Better Climate Challenge. HNI has reduced emissions by 64% through the purchase of renewable electricity and energy efficiency efforts. They are committed to combating climate change and integrating sustainability in their processes and products.
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Rhea-AI Sentiment
End-of-Day
1.55%
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HNI Corporation Third Quarter Fiscal 2023 Results Conference Call
Rhea-AI Summary
HNI Corporation to host quarterly conference call for investors to discuss Q3 fiscal 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
earnings
Stock HNI logo
HNI Corp.

NYSE:HNI

HNI Rankings

#1868 Ranked by Market Cap
#1134 Ranked by Stock Gains
#1117 Ranked by Dividends

HNI Stock Data

1.99B
46.01M
1.9%
79.28%
1.26%
Office Furniture (except Wood) Manufacturing
Manufacturing
Link
US
Muscatine

About HNI

at hni corporation, we go beyond simply building great desks, chairs, file cabinets and fireplaces. we're focused on building relationships by delivering solutions. with deeply held values that were born with the corporation's founding in 1944, we are a collection of individuals, called members, united by a dedication to integrity, quality, innovation, service and continuous improvement. hni corporation's growth strategy centers on three imperatives: building leading brands, taking care of end users and achieving operational excellence. the corporation's manufacturing and supply chain expertise consistently translates to the highest quality products, provided with the fastest and most dependable turnaround in its industries. hni corporation is a group of nine companies, each representing a family of leading brands, products and services for the office and home. in hni corporation's unique and powerful member-owner environment, every member has an opportunity to share in making the busi