Earnings ·
HNI Corporation reported second quarter fiscal 2026 results with consolidated net sales of $1,472.4 million and GAAP…
HNIHni Corp
HNI Corporation reported second quarter fiscal 2026 results with consolidated net sales of $1,472.4 million and GAAP diluted EPS of $0.70. Non-GAAP diluted EPS was $1.27, reflecting a 14% year-over-year increase driven by the Steelcase acquisition, net tariff impacts, and operational productivity. The company raised its full-year 2026 non-GAAP EPS growth outlook to 20-25%, citing accelerating demand in Workplace Furnishings where orders grew 5% organically. Residential Building Products sales declined 1.6% due to new construction weakness but saw margin expansion. HNI operates as a manufacturer of workplace furnishings and residential building products.