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.

HNI Corporation entered into Amendment No. 3 to its Credit Agreement on June 10, 2026, with Wells Fargo Bank, National Association acting as Administrative Agent. The amendment establishes a new $498.75 million tranche of term loans maturing in 2032, known as Replacement Term Loans, to refinance all outstanding Initial Tranche B Term Loans. These loans carry a 1.00% annual amortization rate, with the first installment due around September 30, 2026. The Applicable Percentage is set at 1.75% for SOFR Loans and 0.75% for Alternate Base Rate Loans. HNI Corporation is a manufacturer of man-made products including metal forming and office furniture equipment.