HNI Corporation Reports First Quarter 2024 Results
HNI Corporation (HNI)
Last hni corporation earnings: 10/23 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.hnicorp.com
Company Research
Source: Business Wire
Strong earnings growth driven by Workplace Furnishings profit transformationEPS of $0.37 increased 825% on a GAAP basis and 185% on a non-GAAP basis YoY.Workplace Furnishings operating margin expanded 730 bps GAAP and 720 bps non-GAAP YoY.Full-year and second quarter 2024 non-GAAP EPS expected to strongly increase YoY. MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) today announced sales for the first quarter ended March 30, 2024 of $588.0 million and net income of $17.7 million.HighlightsExcellent earnings growth. First quarter earnings per share of $0.37 was up considerably on both a GAAP and non-GAAP basis versus the prior year despite an 8.1 percent year-over-year organic revenue decline, which was primarily driven by continued housing market softness. GAAP to non-GAAP reconciliations follow the financial statements in this release.Profit transformation actions continue to drive improvement in Workplace Furnishings. First quarter non-GAAP operating profit margin f
Show less
Read more
Impact Snapshot
Event Time:
HNI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HNI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HNI alerts
High impacting HNI Corporation news events
Weekly update
A roundup of the hottest topics
HNI
News
- HNI Corporation Announces Plant Consolidation [Yahoo! Finance]Yahoo! Finance
- HNI Corporation Announces Plant ConsolidationBusiness Wire
- Are You Looking for a Top Momentum Pick? Why HNI (HNI) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- HNI Corporation Increases Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- HNI Corporation Increases Quarterly DividendBusiness Wire
HNI
Earnings
- 4/29/24 - Beat
HNI
Sec Filings
- 5/20/24 - Form S-8
- 5/20/24 - Form 8-K
- 5/16/24 - Form 4
- HNI's page on the SEC website