Kimball International, Inc. Reports Second Quarter Results
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Kimball Int'l (KBAL) Reports Q2 EPS of $0.33; Provides FY20-FY22 Financial Targets
February 4, 2020 4:39 PM ESTKimball Int'l (NASDAQ: KBAL) reported Q2 EPS of $0.33, versus $0.26 reported last year. Revenue for the quarter came in at $192.16 million, versus $201.01 million reported last year.
Second Quarter FY 2020
Net sales decreased 4% as expected due to both the Kimball brand realignment plan and lapping strong compsOrders increased 13% driven by growth in all verticalsOperating income margin of 7.4%, or 8.6% on an adjusted basis, increased 220 basis points... More