---
schema_version: "secwatch.filing_event.v1"
accession: "0000048287-22-000178"
form_type: "8-K"
ticker: "HNI"
cik: "0000048287"
company_name: "HNI CORP"
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:45:39.100483+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HNI Q3 non-GAAP EPS $0.71 beats $0.43 prior year; Lamex sale gains $0.50; demand softens, outlook lowered

## Summary
- Q3 GAAP EPS $1.51 (includes $0.50 gain from Lamex sale); non-GAAP EPS $0.71 up 65% YoY.
- Revenue $598.8M, +2.1% YoY; organic +3.3%; Workplace Furnishings -4.6%, Residential Building Products +15.5%.
- Initiated $30M annual cost savings; Workplace orders fell 15%, Residential orders fell 6% in Q3.
- Q4 outlook: Workplace revenue decline low-teens; Residential revenue growth low-to-mid single digits; non-GAAP EPS modestly above prior year but down sequentially.
- Balance sheet strong; low leverage; free cash flow expected to support investment, dividends, M&A, buybacks.

## SEC filing metadata
- accession: 0000048287-22-000178
- form_type: 8-K
- ticker: HNI
- cik: 0000048287
- company_name: HNI CORP
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/48287/000004828722000178/0000048287-22-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/48287/000004828722000178/hni-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000048287-22-000178
- JSON: https://secwatch.observer/filing/0000048287-22-000178.json
- Plain text: https://secwatch.observer/filing/0000048287-22-000178.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.