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HNI Corporation - $HNI STOCK NEWS

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

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 Corporation'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 Corporation's position in the market.

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%
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Rhea-AI Summary
HNI Corporation declares quarterly dividend of 32 cents per share on its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
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dividends
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Rhea-AI Summary
HNI Corporation (HNI) reported sales of $563.5 million and a net loss of $12.8 million for Q2 2023. GAAP EPS declined to ($0.30) due to acquisition expenses. Non-GAAP net income per diluted share was $0.55, up from $0.52 in the prior year. Sales declined by 9%, but non-GAAP profit grew by 6% despite a 15% organic sales decline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
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Rhea-AI Sentiment
End-of-Day
0.39%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
1.47%
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none
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Rhea-AI Summary
HNI Corporation completes acquisition of Kimball International, creating a market leader with $3 billion in revenue and $305 million in combined EBITDA. The deal includes $25 million in expected synergies within three years. Kimball International shareholders receive $9.00 in cash and 0.1301 shares of HNI Corporation common stock for each share owned.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
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Rhea-AI Summary
HNI Corporation (NYSE: HNI) declares quarterly dividend of 32 cents per share on common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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dividends
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Rhea-AI Summary
HNI Corporation announces Q1 sales of $479.1 million and net income of $1.6 million. Workplace Furnishings shows profit growth and improvement in Q1. Kimball International deal on track to close in June. Residential Building Products prepared for lower demand. Q1 orders show growth in Workplace Furnishings and decline in Residential Building Products. Weak macroeconomic conditions expected to impact demand and profitability in Q2. Earnings seasonality expected to return to normal. Q2 operating income expected to exceed Q1 levels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.53%
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Rhea-AI Summary
Allsteel Inc. announces that Corporate Business Interiors, Inc. is acquiring CSI Fullmer to expand its business reach and strengthen its presence in the LA market. The acquisition will enhance internal support teams and allow better service to clients in LA and Orange County.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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HNI Corporation

NYSE:HNI

HNI Rankings

HNI Stock Data

2.09B
46.01M
1.9%
79.28%
1.26%
Office Furniture (except Wood) Manufacturing
Manufacturing
Link
United States of America
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