HNI Corporation Reports Strong Sales Growth Continued During Second Quarter Fiscal Year 2018

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Go back to HNI Corporation Reports Strong Sales Growth Continued During Second Quarter Fiscal Year 2018

HNI Corp. (HNI) Tops Q2 EPS by 10c, Revenues Beat; Lowers FY18 Mid-Point EPS Outlook Below Consensus

July 23, 2018 4:17 PM EDT

HNI Corp. (NYSE: HNI) reported Q2 EPS of $0.44, $0.10 better than the analyst estimate of $0.34. Revenue for the quarter came in at $543.6 million versus the consensus estimate of $525 million.

"Our strong sales momentum continued during the second quarter. Results were better than expected in both our Hearth and Office Furniture businesses. The investments we've made in product, selling, and fulfillment capabilities are paying dividends. I'm pleased with our quarterly results and our progress driving long-term shareholder... More