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 Corporation (NYSE: HNI) reported full-year 2022 sales of $2.362 billion and a net income of $123.9 million. The GAAP net income per diluted share rose to $2.94 from $1.36 in 2021. In Q4 2022, sales were $568.9 million, down 6% year-over-year, but net income increased by 105% to $16.3 million. The company experienced significant margin expansions, with non-GAAP gross margin up 390 basis points.
Despite a challenging environment, HNI expects continued pressure in 2023 but anticipates improved long-term profitability through strategic actions and a strong balance sheet with a gross leverage ratio of 0.7.
HNI Corporation (NYSE: HNI) declared a quarterly dividend of
HNI Corporation (NYSE: HNI) will hold its quarterly conference call on February 23, 2023, at 11:00 a.m. Eastern to discuss its fourth quarter and year-end fiscal 2022 results. Results will be posted before the market opens on the same day. Investors can participate in the call by dialing 1-855-761-5600 and using the conference ID 7175411. A live webcast will also be available on HNI's website, with a replay accessible from February 23 at 1:00 p.m. Central through March 2. For more information, visit HNI's Investor Relations page.
Allsteel Inc., part of HNI, announced the relocation of its Muscatine sales office to a new Experience Center in Fulton Market, Chicago, set to open in Spring 2023. This move, which won't affect jobs, represents a strategic shift towards sustainability and enhanced client interaction. The new 345 N. Morgan building will feature innovative design spaces aimed at collaboration. HNI has also been ranked No. 6 on Newsweek's list of America's Most Responsible Companies for 2023, reflecting its commitment to sustainability and corporate governance.
HNI Corporation (NYSE: HNI) announced a quarterly dividend of
HNI Corporation (NYSE: HNI) reported Q3 2022 sales of $598.8 million, up 2.1% year-over-year, with a net income of $63.1 million, translating to GAAP earnings per share (EPS) of $1.51. Non-GAAP EPS rose 65% to $0.71. The Residential Building Products segment saw a 10% organic revenue increase, while Workplace Furnishings experienced a 4.6% drop. The company anticipates lower fourth-quarter revenue, particularly in Workplace Furnishings, due to macroeconomic challenges and planned restructuring.
HNI Corporation (NYSE: HNI) will hold its quarterly conference call on October 24, 2022, at 11:00 a.m. Eastern to discuss its Q3 fiscal 2022 results. Investors can participate by dialing 1-855-761-5600 with Conference ID: 7175411. A live webcast will be available on their website, with a replay accessible from October 24 to October 31, 2022. HNI plans to release its Q3 results before the market opens on October 24. For more information, visit HNI’s investor relations page.
HNI Corporation (NYSE: HNI) has announced the election of
Design Public Group, part of HNI Corporation, has appointed Lauren Hession as the new President to lead its contract division, which includes DesignPublicGroup.com, DanishDesignStore.com, and DesignPublic.com. Hession brings extensive experience in sales leadership and operations, aimed at enhancing brand awareness and productivity. Formerly the Divisional VP of Sales and Distribution at Knoll Inc., she significantly boosted revenue in North America. HNI's co-founders will support Hession during her transition, ensuring continued growth in new markets.
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