HNI Corp. (HNI) Tops Q4 EPS by 2c

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Go back to HNI Corp. (HNI) Tops Q4 EPS by 2c

HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2021

February 28, 2022 7:30 AM EST

MUSCATINE, Iowa--(BUSINESS WIRE)-- HNI Corporation (NYSE: HNI) today announced sales for the full year ended January 1, 2022 of $2.184 billion and net income of $59.8 million. GAAP net income per diluted share was $1.36, compared to $0.98 in the prior year. Non-GAAP net income per diluted share was $1.63, compared to $1.79 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

Fourth quarter sales of $602.9 million were up 7 percent from year-ago levels, and fourth quarter net income was $8.2 million. GAAP net income per diluted share was $0.19, compared to $0.52 in the prior... More