Kimball Int'l (KBAL) Reports Q2 EPS of $0.33; Provides FY20-FY22 Financial Targets
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Kimball International, Inc. Reports Second Quarter Results
February 4, 2020 4:05 PM ESTSales decreased 4%, in line with expectationsStrong order growth of 13% driven by both Office and HospitalityTransformation Plan cost savings of $7.1 million exceeded expectations in the quarterOperating Income margin of 7.4%, or 8.6% on an adjusted basis, increased 220 basis points
JASPER, Ind., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) today announced results for the quarter ended December 31, 2019.
Highlights (Performance is based upon year-over-year comparison):
Second Quarter FY 2020
Net sales decreased 4% as expected due to both the Kimball brand... More