HNI Corporation Provides Pandemic Response Update; Reports Strong First Quarter 2020 Results
HNI Corporation (HNI)
Last hni corporation earnings: 10/23 04:30 pm
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Source: Business Wire
MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) today announced sales for the first quarter ended March 28, 2020 of $468.7 million and net loss of $23.9 million. GAAP net income (loss) per diluted share was ($0.56), compared to $0.02 in the prior year. GAAP operating profit was impacted by intangible impairments and one-time charges related to the COVID-19 crisis of $37.7 million. Non-GAAP net income per diluted share was $0.21, compared to $0.02 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.Pandemic Response UpdateHealth, safety, and community supportEarlier this month, the Corporation announced the implementation of workplace health and safety measures consistent with guidelines from the Centers for Disease Control and Prevention. The Corporation is taking strong measures to create social distancing and keep members safe. All members able to work remotely are currently doing so. In addition, the Corporation has
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HNI
Earnings
- 4/29/24 - Beat
HNI
Sec Filings
- 4/30/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 3/19/24 - Form ARS
- HNI's page on the SEC website