Kimball Int'l (KBAL) Reports Q1 EPS of $0.40; Provides FY20-FY22 Financial Targets

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Kimball International, Inc. Reports First Quarter Results

November 4, 2019 4:05 PM EST

Growth Continues to be led by Healthcare +18% and Hospitality +8%Transformation Plan exceeds expectations delivering $5.6 million cost savings in the quarterOperating Income margin of 7.5%, or 9.8% on an adjusted basis, an increase of 200 basis points

JASPER, Ind., Nov. 04, 2019 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) today announced results for the quarter ended September 30, 2019.

Highlights (Performance is based upon year-over-year comparison):

First Quarter FY 2020

Net sales growth of 3.8%, including a 1.7% organic growth contribution, driven by... More