HNI Corp. (HNI) Reports In-Line Q3 EPS

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Go back to HNI Corp. (HNI) Reports In-Line Q3 EPS

HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2021

October 25, 2021 7:30 AM EDT

MUSCATINE, Iowa--(BUSINESS WIRE)-- HNI Corporation (NYSE: HNI) today announced sales for the third quarter ended October 2, 2021 of $586.7 million and net income of $19.2 million. GAAP net income per diluted share was $0.43, compared to $0.71 in the prior year. There was no variation between GAAP and Non-GAAP net income per diluted share in the third quarter of 2021 or 2020.

Third Quarter Highlights

Strong growth in Residential Building Products: Third quarter 2021 revenue grew 26 percent on a year-over-year basis, and operating profit increased more than 10 percent versus third quarter 2020 levels despite multiple... More