Latest News on HNI

Financial News Based On Company


Advertisement
Advertisement

HNI Corp. (NYSE:HNI) Offers a Durable Dividend Backed by Profitability and Financial Health

https://www.chartmill.com/news/HNI/Chartmill-41574-HNI-Corp-NYSEHNI-Offers-a-Durable-Dividend-Backed-by-Profitability-and-Financial-Health
HNI Corp. (NYSE:HNI) is presented as a promising option for income-focused investors due to its durable dividend, strong profitability, and healthy financial condition. The company offers an acceptable dividend yield that surpasses industry averages, supported by a consistent payment history and a sustainable payout ratio. HNI's solid profitability and financial health ratings, coupled with its fair valuation, suggest it is a good candidate for a lasting income portfolio.

HNI Corp. (NYSE:HNI) Emerges as a Compelling Value Investment with Strong Fundamentals

https://www.chartmill.com/news/HNI/Chartmill-41385-HNI-Corp-NYSEHNI-Emerges-as-a-Compelling-Value-Investment-with-Strong-Fundamentals
HNI Corp. (NYSE:HNI) is presented as a compelling value investment due to its strong fundamentals, favorable valuation multiples compared to its sector and the broader market, and solid financial health. The company also demonstrates strong profitability with good returns and improving margins, alongside a reliable dividend and quickening growth forecasts. HNI offers investors a margin of safety and a potential for both income and capital appreciation.

HNI Corporation Stock Gains Momentum with Key Technical Breakout

https://primaryignition.com/2026/02/04/hni-corporation-stock-gains-momentum-with-key-technical-breakout/
HNI Corporation's stock has seen a significant technical breakout, moving above its 200-day moving average, signaling renewed upward potential. This comes as the company continues to integrate Steelcase, aiming for $120 million in annual cost synergies. Investors are awaiting the Q4 and full-year 2025 earnings report on February 25 to assess the progress of strategic realignments and their impact on profitability.

HNI Corporation (HNI) Powers Ahead with Steelcase Deal and Analyst Confidence

https://finviz.com/news/297077/hni-corporation-hni-powers-ahead-with-steelcase-deal-and-analyst-confidence
HNI Corporation (HNI) is considered a top stock for 2026, with Benchmark Co. raising its price target to $75 per share, citing HNI's planned acquisition of Steelcase Inc. and anticipated cost synergies. The company also announced the closure of its Wayland, New York manufacturing facility by 2027, expected to yield significant annual cost savings. HNI manufactures workplace furnishings and residential building products, and has a consistent dividend payment history of over 55 years.

HNI sets Feb. 25 investor call on Q4 and 2025 year-end results

https://www.stocktitan.net/news/HNI/hni-corporation-fourth-quarter-and-fiscal-year-end-2025-results-kl20qecqw1r4.html
HNI Corporation (NYSE: HNI) will host a conference call on Wednesday, February 25, 2026, to discuss its fourth-quarter and fiscal year-end 2025 results. The company plans to release its financial results before the market opens on the same day. Investors can access the call via a toll-free number or a live webcast on HNI's investor relations website.
Advertisement

HNI Corporation Fourth Quarter and Fiscal Year End 2025 Results Conference Call

https://finance.yahoo.com/news/hni-corporation-fourth-quarter-fiscal-220000165.html
HNI Corporation announced it will host a conference call for investors on Wednesday, February 25, 2026, to discuss its fourth quarter and fiscal year-end 2025 results. The company plans to release these results before the market opens on the same day. Investors can access the call via phone or live webcast, with replays available after the event.

Cooke & Bieler LP Takes $28.74 Million Position in HNI Corporation $HNI

https://www.marketbeat.com/instant-alerts/filing-cooke-bieler-lp-takes-2874-million-position-in-hni-corporation-hni-2026-01-26/
Cooke & Bieler LP has acquired a new position in HNI Corporation, purchasing 613,522 shares valued at approximately $28.74 million, representing about 1.34% ownership. This move comes as HNI reported Q3 EPS of $1.10, surpassing consensus estimates, although revenue slightly missed expectations. HNI maintains a "Moderate Buy" rating from analysts with a consensus target price of $75.00, and institutional investors and hedge funds collectively own 75.26% of the company's stock.

HNI Corp stock price target raised to $75 from $60 at Benchmark By Investing.com

https://in.investing.com/news/analyst-ratings/hni-corp-stock-price-target-raised-to-75-from-60-at-benchmark-93CH-5192254
Benchmark has increased its price target for HNI Corp (NYSE:HNI) to $75 from $60, maintaining a Buy rating due to anticipated profitability improvements and the recent Steelcase acquisition. The firm designated HNI as a "Top Pick for 2026," citing strong financial health, a perfect Piotroski Score of 9, and the expectation that the Steelcase deal will boost earnings to $5.10 per share by fiscal year 2027. Despite a current RSI indicating overbought territory, the stock is trading at a discount to historical levels and has consistently paid dividends for 55 years.

HNI Corp stock price target raised to $75 from $60 at Benchmark

https://ng.investing.com/news/analyst-ratings/hni-corp-stock-price-target-raised-to-75-from-60-at-benchmark-93CH-2294105
Benchmark has increased its price target for HNI Corp (NYSE:HNI) to $75 from $60, maintaining a Buy rating on the office furniture manufacturer's stock. This decision is driven by expected profitability improvements, a "troughing market," and the recent acquisition of Steelcase, which is projected to add $0.60 to earnings in fiscal year 2027. HNI also boasts strong financial health, including a Piotroski Score of 9 and 55 consecutive years of dividend payments, with shares trading at a discount.

HNI Corp stock price target raised to $75 from $60 at Benchmark

https://ca.investing.com/news/analyst-ratings/hni-corp-stock-price-target-raised-to-75-from-60-at-benchmark-93CH-4406608
Benchmark has increased its price target for HNI Corp (NYSE:HNI) to $75 from $60, maintaining a Buy rating, citing improved profitability visibility and the recent Steelcase acquisition. The firm designated HNI as a "Top Pick for 2026," noting its strong financial health, consistent dividends, and current trading discount. The acquisition is projected to boost HNI's earnings, and the company is streamlining operations, though it recently announced the closure of a manufacturing facility.
Advertisement

HNI Corp stock price target raised to $75 from $60 at Benchmark By Investing.com

https://za.investing.com/news/analyst-ratings/hni-corp-stock-price-target-raised-to-75-from-60-at-benchmark-93CH-4066861
Benchmark has increased its price target for HNI Corp (NYSE:HNI) to $75 from $60, maintaining a Buy rating and designating it a "Top Pick for 2026." The upgrade is attributed to improved profitability visibility, the recent Steelcase acquisition, and HNI's strong financial health with a Piotroski Score of 9. The company also maintains a 55-year consecutive dividend payment history, with the Steelcase deal expected to boost FY2027 earnings to $5.10 per share.

HNI Corp stock price target raised to $75 from $60 at Benchmark

https://uk.investing.com/news/analyst-ratings/hni-corp-stock-price-target-raised-to-75-from-60-at-benchmark-93CH-4458237
Benchmark has increased its price target for HNI Corp (NYSE:HNI) to $75 from $60, maintaining a Buy rating, due to improved profitability outlook and the recent Steelcase acquisition. The research firm also named HNI a "Top Pick for 2026" given its strong financial health, dividend history, and current trading discount. The Steelcase acquisition is expected to boost HNI's earnings in fiscal year 2027 and accelerate its office furniture business.

HNI Corp stock price target raised to $75 from $60 at Benchmark By Investing.com

https://m.ng.investing.com/news/analyst-ratings/hni-corp-stock-price-target-raised-to-75-from-60-at-benchmark-93CH-2294105?ampMode=1
Benchmark has increased its price target for HNI Corp (NYSE:HNI) to $75 from $60, maintaining a Buy rating on the stock and designating it a "Top Pick for 2026." The upgrade is attributed to improved profitability visibility in a troughing market and the recent acquisition of Steelcase, which is expected to add $0.60 to earnings in fiscal year 2027. Despite the stock being in overbought territory according to its RSI, HNI demonstrates strong financial health with a Piotroski Score of 9 and a long history of dividend payments.

Benchmark Co. Maintains HNI Corp(HNI.US) With Buy Rating, Raises Target Price to $75

https://news.futunn.com/en/post/67521742/benchmark-co-maintains-hni-corp-hnius-with-buy-rating-raises
Benchmark Co. analyst Reuben Garner has reiterated a "Buy" rating for HNI Corp (HNI.US) and increased the target price from $60 to $75. Garner has a 61.0% success rate and a 15.6% average return over the past year, according to TipRanks data. This information is intended for educational purposes only and does not constitute investment advice.

HNI Corp shares edge higher after Q3 earnings beat despite slight revenue miss

https://www.msn.com/en-us/money/top-stocks/hni-corp-shares-edge-higher-after-q3-earnings-beat-despite-slight-revenue-miss/ar-AA1PlKnX?ocid=BingNewsVerp
This article reports on HNI Corp's Q3 earnings. The company exceeded earnings expectations, though revenue slightly missed forecasts. The market responded positively, with shares trading higher.
Advertisement

HNI Corp. (NYSE:HNI) Emerges as a Sustainable Dividend Stock from Methodical Screening

https://www.chartmill.com/news/HNI/Chartmill-39794-HNI-Corp-NYSEHNI-Emerges-as-a-Sustainable-Dividend-Stock-from-Methodical-Screening
HNI Corp. (NYSE:HNI) has been identified as a sustainable dividend stock through a methodical screening process focusing on dividend policy, earnings power, and financial condition. The company offers a competitive dividend yield of 3.24% with a dependable history and manageable payout ratio, supported by strong profitability and solvency. HNI also appears undervalued with positive earnings growth projections, making it an attractive option for income-oriented investors.

Gunlocke in Wayland NY to close in 2027 due to corporate restructure

https://wellsvillesun.com/blog/2026/01/09/gunlocke-in-wayland-ny-to-close-in-2027-due-to-corporate-restructure/
HNI Corp. has announced the closure of its historic Gunlocke plant in Wayland, N.Y., by 2027, due to a corporate restructure aimed at consolidating production and improving efficiency. This move, which will affect approximately 135 workers, is expected to generate $7.5 million to $8 million in annual savings for HNI. The Gunlocke brand and product line will continue, with production shifting to other HNI facilities.

HNI to close New York manufacturing plant next year

https://www.furnituretoday.com/furniture-manufacturing/hni-to-close-new-york-manufacturing-plant-next-year/
HNI Corp. announced its plan to close its manufacturing facility in Wayland, N.Y., in 2027 to consolidate production and optimize its North American operations. The move is expected to generate $7.5 million to $8 million in annual cost savings and is partly enabled by its 2023 acquisition of Kimball International. The closure will result in approximately 135 job terminations and incur an estimated $14.9 million in pre-tax earnings impact.

135 jobs to be cut as Wayland, NY manufacturing plant shuts in 2027

https://www.stocktitan.net/news/HNI/hni-corporation-announces-plant-629pp9e7tgwo.html
HNI Corporation announced it will close its Wayland, New York manufacturing facility in 2027, consolidating production into other North American facilities. This move is expected to save $7.5 to $8.0 million annually and will result in the termination of approximately 135 jobs. The company anticipates pre-tax earnings will be impacted by an estimated $14.9 million in charges in 2026 and 2027 due to this consolidation.

HNI CORP (NYSE:HNI) Presents a Compelling Value Investment Case

https://www.chartmill.com/news/HNI/Chartmill-39534-HNI-CORP-NYSEHNI-Presents-a-Compelling-Value-Investment-Case
HNI CORP (NYSE:HNI) is presented as a compelling value investment due to its low valuation, strong financial health, and high profitability. The company boasts a low P/E ratio, robust balance sheet, consistent dividend yield, and promising earnings growth forecasts. This suggests HNI may be mispriced by the market, offering a "margin of safety" for investors looking for fundamentally strong businesses trading at a discount.
Advertisement

HNI Corp stock: quiet chart, steady cash flow and a value story that refuses to die

https://www.ad-hoc-news.de/boerse/ueberblick/hni-corp-stock-quiet-chart-steady-cash-flow-and-a-value-story-that/68460105
HNI Corp's stock is currently in a low-volume holding pattern, reflecting a consolidation phase after a year of strong double-digit returns. Despite the quiet trading, underlying factors like cost cuts, a shift towards higher-margin workplace solutions, and a potentially turning furniture cycle suggest a patient setup for future growth. Analysts view HNI as a value story, recommending holds and selective additions, with future prospects tied to interest rates, hybrid work adaptations, and execution of its strategy.

ETFs Investing in HNI Corporation Stocks

https://www.tradingview.com/symbols/HAN-HO9/etfs/
This article lists several ETFs that invest in HNI Corporation stocks. The ETFs are primarily focused on small-cap companies and are listed with their market value, weight of HNI stock, issuer, management style, expense ratio, assets under management (AUM), and 3-year NAV total return. The information presented helps investors identify funds holding HNI Corporation stocks, offering diversification and investment opportunities.

HNI Corp (HNI) Completes the Acquisition of Steelcase Inc

https://www.insidermonkey.com/blog/hni-corp-hni-completes-the-acquisition-of-steelcase-inc-1659825/?amp=1
HNI Corp. (NYSE:HNI) announced the completion of its acquisition of Steelcase Inc. (NYSE:SCS) on December 10, 2025. This strategic merger aims to create a stronger company to meet the growing demands of the workplace as the work-from-office trend gains traction. The combined business is projected to achieve an annual pro forma revenue of $5.8 billion, with HNI Corp. reporting a 1.73% year-over-year revenue growth in Q3 2025, exceeding EPS consensus.

10 Best Small-Cap Value Stocks to Buy

https://www.insidermonkey.com/blog/10-best-small-cap-value-stocks-to-buy-1659296/4
HNI Corp. (NYSE: HNI) is highlighted as one of the best small-cap value stocks, praised for its recent acquisition of Steelcase Inc. to strengthen its workplace solutions offerings. The merger is expected to result in a $5.8 billion pro forma revenue, aligning with the growing work-from-office trend. HNI reported Q3 2025 revenue of $683.8 million and an EPS of $1.10, indicating strong operational performance driven by productivity and cost control.

HNI Corp strengthens position with Steelcase acquisition

https://www.interiordaily.com/article/9794002/hni-corp-strengthens-position-with-steelcase-acquisition/
HNI Corp, a manufacturer of workplace furnishings, has finished its acquisition of Steelcase Inc. This strategic move aims to adapt to evolving office environments and in-office work trends. The combined entity is projected to achieve an annual revenue of $5.8 billion, leveraging shared values, talented teams, and complementary strengths in innovation and operational excellence.
Advertisement

HNI Corp (HNI) director reports 13,348-share stock award from Steelcase merger terms

https://www.stocktitan.net/sec-filings/HNI/form-4-hni-corp-insider-trading-activity-2b30a2f69467.html
An HNI Corp director, Linda K. Williams, was awarded 13,348 shares of HNI common stock on December 10, 2025. This stock award resulted from the conversion of Steelcase Inc. shares as part of a merger agreement between HNI and Steelcase. The transaction, reported in a Form 4 SEC filing, involved Steelcase shareholders receiving both cash and HNI common stock for each of their Steelcase shares.

HNI Corp Announces Board Appointments of Timothy C. E. Brown and Linda K. Williams

https://www.tradingview.com/news/tradingview:a15389d292b29:0-hni-corp-announces-board-appointments-of-timothy-c-e-brown-and-linda-k-williams/
HNI Corp announced the appointment of Timothy C. E. Brown and Linda K. Williams to its Board of Directors, effective immediately, on December 10, 2025. These appointments are a strategic expansion following a merger agreement. Brown will join the Human Resources and Compensation Committee, while Williams will join the Audit Committee.

HNI completes $2.2B acquisition of Steelcase: What to know

https://www.mlive.com/news/grand-rapids/2025/12/hni-completes-22b-acquisition-of-steelcase-what-to-know.html
HNI Corporation has officially completed its $2.2 billion acquisition of Steelcase, one of Grand Rapids' largest office furniture companies. The combined entity is expected to generate $5.8 billion in annual net sales and will retain the Steelcase brand and its Grand Rapids headquarters. HNI aims to expand its offerings in health care, education, and hospitality through this acquisition.

HNI completes $2.2B acquisition of Steelcase: What to know

https://www.mlive.com/news/grand-rapids/2025/12/hni-completes-22b-acquisition-of-steelcase-what-to-know.html?outputType=amp
HNI Corporation has officially completed its $2.2 billion acquisition of Steelcase, making Grand Rapids' largest office furniture company a subsidiary of the Iowa-based firm. The acquisition is expected to expand HNI's offerings in healthcare, education, and hospitality, aiming for a combined annual net sales of $5.8 billion. HNI plans to retain the Steelcase brand and its Grand Rapids headquarters, with Jeffrey Lorenger leading the combined entity.

Wall Street Sees a 78% Upside to HNI Corporation (HNI)

https://www.insidermonkey.com/blog/wall-street-sees-a-78-upside-to-hni-corporation-hni-1656615/?amp=1
As of December 5, 2025, HNI Corporation's average price target suggests an upside of 65%, with a Street high indicating a 78% upside. Shareholders of HNI and Steelcase Inc. have approved a merger agreement, which is expected to close on December 10, 2025. HNI Corporation also recently declared a quarterly dividend of $0.34 per share.
Advertisement

12 Best Small-Cap Dividend Stocks To Buy

https://www.insidermonkey.com/blog/12-best-small-cap-dividend-stocks-to-buy-1655991/7/
This article identifies HNI Corporation as one of the best small-cap dividend stocks to buy, highlighting its dividend yield and an upcoming merger with Steelcase Inc. The merger, approved by shareholders of both companies, is expected to conclude on December 10, 2025. HNI Corporation designs, manufactures, and sells office furniture and residential building products.

HNI Corporation Announces Expiration and Final Results of Exchange Offer

https://www.tradingview.com/news/tradingview:2932cbc3bc082:0-hni-corporation-announces-expiration-and-final-results-of-exchange-offer/
HNI Corporation announced the expiration and final results of its Exchange Offer and Consent Solicitation on December 5, 2025. Shareholders of HNI and Steelcase approved the acquisition, which is expected to close on December 10, 2025, along with the settlement of the Exchange Offer and Consent Solicitation. Approximately 78% of Existing Steelcase Notes were validly tendered.

HNI (NYSE: HNI) wins key shareholder vote for planned Steelcase acquisition

https://www.stocktitan.net/sec-filings/HNI/8-k-hni-corp-reports-material-event-7cebb11daa48.html
HNI Corporation shareholders have approved the merger agreement for its proposed acquisition of Steelcase Inc. at a special meeting held on December 5, 2025. The proposal passed with significant shareholder support, and the transaction is expected to close on December 10, 2025, subject to customary closing conditions. This approval clears a major hurdle for Steelcase to become a wholly-owned subsidiary of HNI through a two-step merger.

Steelcase shareholders approve $2.2B sale to rival HNI Corp.

https://www.crainsgrandrapids.com/news/manufacturing/steelcase-shareholders-approve-2-2b-sale-to-rival-hni-corp/
Steelcase Inc. shareholders have approved the company's $2.2 billion sale to competitor HNI Corp., with the deal expected to close on December 10, 2025. This merger will create a new industry sales leader with a combined revenue of up to $5.8 billion, consolidating two major players in the office furniture market. The acquisition includes a cash-and-stock transaction and aims to expand market reach and product offerings for both companies.

HNI (NYSE: HNI) sees $351M Steelcase notes tendered in exchange offer as deal nears

https://www.stocktitan.net/news/HNI/hni-corporation-announces-expiration-and-final-results-of-exchange-ojqm7s0h8pup.html
HNI Corporation announced the expiration and final results of its exchange offer and consent solicitation related to its proposed acquisition of Steelcase (NYSE: SCS). Holders tendered $351,008,000 (78%) of Steelcase's existing senior notes, with the settlement of the exchange offer and the acquisition expected to close on December 10, 2025. This marks a significant step in aligning Steelcase's capital structure with HNI's and follows shareholder approvals from both companies.
Advertisement

Press Release: HNI Corporation Announces Expiration and Final Results of Exchange Offer

https://news.futunn.com/en/post/65867791/press-release-hni-corporation-announces-expiration-and-final-results-of
HNI Corporation announced the expiration and final results of its exchange offer. Additionally, Unity Software ($U.US) reported its fourth-quarter financial results with revenue increasing 35% year-over-year to $609 million, though it reported a quarterly loss of 66 cents per share.

Shareholders approve HNI’s $2.2B acquisition of Steelcase

https://www.mlive.com/news/grand-rapids/2025/12/shareholders-approve-hnis-22b-acquisition-of-steelcase.html
Steelcase shareholders have approved the USD 2.2 billion acquisition of the company by Iowa-based HNI Corporation. The deal is expected to close on December 10, 2025, with Steelcase shareholders receiving $7.20 in cash and 0.2192 shares of HNI common stock per share. Jeffrey Lorenger will lead the combined companies, while Steelcase President and CEO Sara Armbruster will depart after the closing.

5 key points from lawsuit accusing Steelcase of ‘tainted’ $2.2B sale

https://www.mlive.com/news/grand-rapids/2025/12/5-key-points-from-lawsuit-accusing-steelcase-of-tainted-22b-sale.html
A Steelcase shareholder has filed a lawsuit to block the company's pending $2.2 billion sale to HNI Corp., alleging the deal undervalues Steelcase and is tainted by conflicts of interest. The lawsuit claims the sale price is inadequate, the CEO used the sale for personal financial gain, and board members accepted future positions with HNI during negotiations. Additionally, the plaintiff questions the impartiality of financial advisors whose fees were contingent on the deal's completion.

Shareholder sues Steelcase over ‘tainted’ $2.2B sale agreement with HNI Corp.

https://www.mlive.com/news/grand-rapids/2025/11/shareholder-sues-steelcase-over-tainted-22b-sale-agreement-with-hni-corp.html
A Steelcase shareholder is suing the company and HNI Corp. over their $2.2 billion acquisition agreement, alleging the sale price is unfair and involves conflicts of interest among Steelcase directors. The lawsuit claims the directors, including outgoing CEO Sara Armbruster, are improperly benefiting from the sale and that financial advisors Goldman Sachs and BofA Securities have skewed incentives. Steelcase maintains the shareholder vote will proceed as planned on December 5.

HNI Corp Announces Merger Consideration Election Deadline

https://www.tradingview.com/news/tradingview:ad0113eb8408c:0-hni-corp-announces-merger-consideration-election-deadline/
HNI Corp and Steelcase Inc. have announced an election deadline of December 4, 2025, for Steelcase shareholders to choose their merger consideration. Shareholders can elect cash, stock, or a mixed consideration package, with specific details provided for the mixed option and a note regarding stock price calculation. Earlier deadlines may apply for shareholders holding stock in "street name."
Advertisement

Steelcase CEO, other executives to exit after $2.2B HNI acquisition closes

https://www.crainsgrandrapids.com/news/manufacturing/steelcase-ceo-other-executives-to-exit-after-2-2b-hni-acquisition-closes/
Steelcase Inc. President and CEO Sara Armbruster and several other long-serving executives will leave the company after its $2.2 billion acquisition by HNI Corp. closes next month. This deal, pending shareholder approval on December 5th, aims to create an industry leader with up to $5.8 billion in annual sales. HNI plans to retain Steelcase as a brand and maintain its Grand Rapids offices, with a new leadership structure focusing on smooth integration and continued business operations.

Muscatine accepts land donation from HNI Corporation for future housing development

https://www.kwqc.com/video/2025/10/22/muscatine-accepts-land-donation-hni-corporation-future-housing-development/
The city of Muscatine has accepted a land donation from HNI Corporation, a major manufacturer in the area. This donation is intended to facilitate the expansion and development of housing opportunities for the city's residents. The initiative aims to address housing needs within the community, leveraging the cooperation between the city and a local industry leader.

HNI Corp. donates parcels of land to City of Muscatine to develop housing

https://www.ourquadcities.com/news/local-news/hni-corp-donates-parcels-of-land-to-city-of-muscatine-to-develop-housing/
HNI Corporation has donated several parcels of land to the City of Muscatine to support the city's efforts to expand housing opportunities. The donation will facilitate future residential development, addressing community growth and housing needs. The parcels, located off University Drive, have the potential for a subdivision including townhomes and single-family homes, to be developed in three phases.

$HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger - AL, ODP, HNI, and SCS - The Malaysian Reserve

https://themalaysianreserve.com/2025/10/18/hareholder-alert-the-ma-class-action-firm-launches-legal-inquiry-for-the-merger-al-odp-hni-and-scs/amp/
This article is a placeholder likely indicating a future news story about a legal inquiry launched by an M&A class action firm. The inquiry concerns potential mergers involving companies with stock symbols AL, ODP, HNI, and SCS.

Earnings call transcript: HNI Corp Q2 2025 sees strong earnings growth - Investing.com

https://www.investing.com/news/transcripts/earnings-call-transcript-hni-corp-q2-2025-sees-strong-earnings-growth-93CH-4287137
The provided article content reports an application error, indicating that the intended earnings call transcript for HNI Corp's Q2 2025 earnings, which anticipated strong growth, failed to load. Therefore, the actual details of the earnings call are not accessible in this content. The article is incomplete due to a client-side exception.
Advertisement

InvestingPro Fair Value model captures 63% gain in Steelcase ahead of acquisition By Investing.com - Investing.com South Africa

https://za.investing.com/news/investment-ideas/investingpro-fair-value-model-captures-63-gain-in-steelcase-ahead-of-acquisition-93CH-3916393
This article from Investing.com South Africa, though appearing with an application error, is titled to suggest that InvestingPro's Fair Value model successfully identified a significant 63% gain in Steelcase before its acquisition. The original content implies a discussion around the model's accuracy in predicting stock performance.

HNI to purchase Steelcase Inc., HNI’s headquarters to remain in Muscatine

https://www.kwqc.com/video/2025/08/05/hni-purchase-steelcase-inc-hnis-headquarters-remain-muscatine/
HNI Corporation has entered into an agreement to purchase Steelcase Inc. The article states that HNI's headquarters will continue to be located in Muscatine following the acquisition. This brief report primarily announces the acquisition and provides details regarding HNI's headquarters.

HNI to acquire Steelcase

https://businessofhome.com/articles/hni-to-acquire-steelcase
HNI Corp. announced its acquisition of workplace furniture brand Steelcase Inc. in a cash-and-stock transaction valued at $2.2 billion. This acquisition aims to combine the complementary strengths of both companies, broadening their reach across various industries and enhancing their financial profile with an estimated combined annual revenue of $5.8 billion. The transaction is expected to close by the end of the calendar year, with HNI chairman Jeffrey Lorenger leading the combined entity.

HNI Corp to acquire Steelcase in $2.2 billion deal

https://workplaceinsight.net/hni-corp-to-acquire-steelcase-in-2-2-billion-deal/
HNI Corporation is set to acquire Steelcase in a $2.2 billion cash and stock deal, merging two of the largest US office furniture manufacturers. This acquisition will create a company with approximately $5.8 billion in annual revenue, aiming to leverage complementary strengths and extensive dealer networks to redefine workplace solutions. The deal is expected to be accretive to HNI's earnings starting in 2027, with both companies maintaining their current headquarters and leadership.

Steelcase agrees to sell business to competitor in $2.2 billion deal

https://www.wzzm13.com/article/news/local/steelcase-agrees-to-sell-business-to-competitor/69-4df15e16-8882-4ab3-9fdd-0be39f891244
Steelcase Inc., a Grand Rapids-based workplace furniture company, is selling its business to Iowa-based HNI Corporation in a $2.2 billion cash and stock transaction. The merger, expected to close by the end of 2025, will result in HNI shareholders owning 64% and Steelcase shareholders owning 36% of the combined company. Both company headquarters will be maintained, with HNI leading the combined entity.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement