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Kimball International, Inc. - KBAL STOCK NEWS

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

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 Kimball International'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 Kimball International's position in the market.

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.
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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.
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Kimball International, Inc.

NYSE:KBAL

KBAL Rankings

KBAL Stock Data

Wood Office Furniture Manufacturing
Manufacturing
Link
US
Jasper

About KBAL

kimball international, inc. is a leading manufacturer of design driven, technology savvy, high quality furnishings sold under the company's family of brands, national office furniture, kimball office and kimball hospitality. our diverse portfolio provides solutions for the workplace, learning, healing and hospitality environments. customers can access our products globally through a variety of distribution channels. recognized with a reputation for excellence and a recipient of the forbes 2014 america's most trustworthy companies designation, kimball international is committed to a high performance culture that is committed to sound ethics, continuous improvement and social responsibility. to learn more about kimball international, inc. (nasdaq: kbal) visit www.kimball.com..