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Hni (HNI) Stock News

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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 reports news on a manufacturing business organized around workplace furnishings and residential building products. Its workplace furnishings activities include furniture systems, seating, storage, tables, architectural products, ancillary products, hospitality products, and workplace brands such as Allsteel. Its residential building products segment includes gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, outdoor fire pits, fire tables, and accessories.

Recurring HNI updates include quarterly and annual earnings, dividend declarations, workplace showroom and brand developments, operational improvement actions, and integration activity following the completed acquisition of Steelcase. Company news also discusses segment demand, price-cost and productivity factors, manufacturing-network decisions, and capital-allocation topics tied to its NYSE-listed common stock.

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HNI (NYSE:HNI) released its 2025 Corporate Responsibility Progress Report, outlining progress on people, environmental impact, and product innovation.

Highlights include a 78% reduction in Scope 1 and 2 emissions versus 2018, zero waste to landfill at 60% of manufacturing facilities, launch of the Evo carbon-neutral task chair, and elimination of expanded polystyrene packaging.

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HNI (NYSE: HNI) reported first quarter 2026 net sales of $1.35B and a GAAP net loss of $38.8M (GAAP diluted EPS $(0.55)); non-GAAP diluted EPS was $0.34. Consolidated sales rose 125% year-over-year driven by the Steelcase acquisition; organic net sales declined 3.2%.

The quarter included $18.0M restructuring/impairment charges, $3.5M acquisition costs, and $64.2M incremental purchase accounting adjustments. Management expects low-single digit organic sales growth for 2026, ~$120M Steelcase synergies when mature, and nearly $30M legacy network savings over three years.

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Allsteel (NYSE:HNI) opened a newly redesigned Boston showroom on April 23, 2026, featuring a human-centric, adaptable layout organized into five experiential zones: Welcome Experience, Social Collaborative, All-Day Café, User Choice & Variety, and Dedicated Focus Spaces. The space emphasizes digital equity, reconfigurable planning, biophilic elements, and sustainable material choices.

Located at 200 State Street, 4th Floor, Suite 4A, Boston, the showroom offers tours, events, and hands-on demonstrations for clients, designers, and partners.

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HNI Corporation (NYSE: HNI) will hold a conference call to discuss First Quarter Fiscal Year 2026 results on Wednesday, May 6, 2026 at 11:00 a.m. Eastern.

A live webcast and teleconference will be available; a replay will be posted through May 13, 2026. Investor relations contact email is investorrelations@hnicorp.com.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Hni (HNI)?

The current stock price of Hni (HNI) is $31.65 as of May 12, 2026.

What is the market cap of Hni (HNI)?

The market cap of Hni (HNI) is approximately 2.3B.