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) has been recognized among America's Most Responsible Companies, ranking No. 36 on Newsweek's 2025 list and securing the third position in the Retail and Consumer Goods category. This marks the company's sixth consecutive year on the prestigious list of top 600 responsible companies in the United States.
The selection process evaluated 2,000 of the largest U.S.-based publicly traded companies, considering over 30 key performance indicators across environmental, social, and governance areas. HNI's recognition reflects its progress in corporate responsibility, focusing on three pillars: reducing operational impacts, creating sustainable products, and respecting people. Notable achievements include reductions in Scope 1 and 2 emissions, zero waste to landfill at multiple facilities, and decreased energy consumption.
HNI (NYSE: HNI) has declared a quarterly dividend of 33 cents per share on its common stock. The dividend will be payable on December 2, 2024, to shareholders of record as of November 18, 2024. HNI is a manufacturer of workplace furnishings and residential building products, operating through two segments: Workplace Furnishings and Residential Building Products. The company is a leading global designer of commercial furnishings and the nation's leading manufacturer of hearth products.
HNI reported Q3 2024 results with net sales of $672.2 million and net income of $47.5 million. GAAP EPS increased 23% to $0.98, while non-GAAP EPS grew 11% to $1.03 year-over-year. The Workplace Furnishings segment achieved a 20-year high operating margin, while Residential Building Products grew profit despite revenue pressures. The company expects $45-50 million in savings from Kimball International synergies and Mexico facility operations through 2026. However, fourth-quarter results are expected to be impacted by volume pressures due to U.S. election uncertainty and macroeconomic conditions.
HNI (NYSE: HNI) announced a leadership change in its financial department. Marshall H. Bridges will retire as Senior Vice President and Chief Financial Officer (CFO) on December 28, 2024. The Board of Directors has appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024.
Berger, 52, has been with HNI for 27 years and currently serves as EVP and President of Hearth and Home Technologies. He is a certified public accountant with over 30 years of experience in finance, operations, and leadership roles. After retirement, Bridges will continue part-time, assisting with strategic projects focused on artificial intelligence.
Jeff Lorenger, Chairman, President, and CEO, expressed confidence in Berger's appointment, citing his comprehensive understanding of the residential building products segment and deep knowledge of HNI's business.
HNI (NYSE: HNI) has announced its upcoming third quarter fiscal 2024 results conference call, scheduled for Tuesday, October 29, 2024 at 11:00 a.m. Eastern time. Investors can join the call by dialing 1-855-761-5600 (Toll-free) with Conference ID: 7175411. A live webcast will be available on the company's investor relations website, with a replay accessible until November 5, 2024.
HNI plans to release its Q3 2024 results before the market opens on October 29, 2024. The results will be posted on the company's website. HNI , a manufacturer of workplace furnishings and residential building products, operates under two segments: Workplace Furnishings and Residential Building Products, offering commercial furnishings and hearth products respectively.
HNI (NYSE: HNI) has declared a quarterly dividend of 33 cents per share on its common stock. The dividend will be payable on September 12, 2024, to shareholders of record at the close of business on August 23, 2024. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments: Workplace Furnishings and Residential Building Products. The company has been improving where people live, work, and gather for more than 75 years. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, while the Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products.
HNI (NYSE: HNI) has announced the installation of solar energy systems at two strategic manufacturing locations, reinforcing its commitment to environmental responsibility and sustainability. The company was recently recognized by USA Today as one of 'America's Climate Leaders', ranking 19th out of 450 companies for its efforts in reducing greenhouse gas emissions and focusing on energy conservation.
The new solar projects are expected to generate approximately 2,500 MWh of solar power and offset more than 2,000 tons of CO2e annually. HNI's renewable energy initiatives also include renewable energy credits and power purchase agreements. The company, a manufacturer of workplace furnishings and residential building products, has been improving living and working spaces for over 75 years.
HNI reported strong Q2 2024 results, with GAAP EPS of $0.75 and non-GAAP EPS of $0.79, up 44% year-over-year. The company saw significant margin expansion in Workplace Furnishings and strong accretion from the Kimball International acquisition. Net sales increased 10.7% to $623.7 million, driven by the Kimball acquisition. HNI expects net sales growth to return in both segments during H2 2024 and anticipates record EPS for the full year. The company projects $70-$75 million in savings from Kimball synergies and its new Mexico facility, with $45-$50 million benefiting 2025-2026. HNI maintains a strong balance sheet with gross leverage of 1.5x.
HNI (NYSE: HNI) will host a quarterly conference call on July 25, 2024, at 11:00 a.m. Eastern to discuss its second quarter fiscal 2024 results. The call will be accessible via toll-free dial-in at 1-855-761-5600 using Conference ID 7175411, or through a live webcast on HNI's investor relations website. A replay will be available until August 1, 2024. Results will be posted online before the market opens on the same day.
HNI , a longstanding manufacturer of workplace and residential building products, operates under two main segments. The Workplace Furnishings segment is a global provider of commercial furnishings under various brands, while the Residential Building Products segment is the leading U.S. manufacturer of hearth products.
HNI (NYSE: HNI) has elected David Roberts to its Board of Directors. Roberts, President and CEO of Verra Mobility since 2018, brings 30 years of expertise in technology, innovation, finance, and strategic management. He will serve on the Public Policy and Corporate Governance Committee.
HNI's Chairman, President, and CEO, Jeff Lorenger, expressed confidence in Roberts' ability to add significant value as the company drives towards long-term profitable growth. The election increases the Board to eleven members, including ten independent directors and the CEO.
HNI manufactures workplace furnishings and residential building products. The company operates through two segments: Workplace Furnishings and Residential Building Products. HNI is a market leader with a strong portfolio of brands.