HNI Q4 non-GAAP EPS $0.63 beats $0.43 prior year; full year sales $2.36B

HNI CORP

2022-FY EPS reported $2.94 revenue$2,361,800,000

Q4 GAAP EPS $0.39 (up 105% YoY); non-GAAP EPS $0.63 (up 47% YoY) on sales $568.9M (down 6%).
Full year 2022 sales $2.362B, GAAP EPS $2.94, non-GAAP EPS $2.20 (up 35% YoY).
Workplace Furnishings non-GAAP operating profit $8.4M in Q4 (up 136.5%); margin expanded 150 bps.
Residential Building Products Q4 sales up 4.2% to $217.7M; non-GAAP operating margin 19.9% (up 170 bps).
Guidance: Q1 2023 non-GAAP operating income approx. breakeven; expects >85% of annual profit in H2 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HNI CORP reported fiscal year ended December 31, 2022 results: revenue $2.362 billion, net income $123.9 million, EPS $2.94.

Period: fiscal year ended December 31, 2022
Revenue: $2.362 billion
Net income: $123.9 million
EPS: $2.94
Result: reported results

Exact text from the filing

HNI Corporation (NYSE: HNI) today announced sales for the full year ended December 31, 2022 of $2.362 billion and net income of $123.9 million. GAAP net income per diluted share was $2.94

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HNI CORP reported fourth quarter ended December 31, 2022 results: revenue $568.9 million, net income $16.3 million, EPS $0.39.

Period: fourth quarter ended December 31, 2022
Revenue: $568.9 million
Net income: $16.3 million
EPS: $0.39
Result: reported results

Exact text from the filing

Fourth quarter sales of $568.9 million were down 6 percent from year-ago levels, and fourth quarter net income was $16.3 million. GAAP net income per diluted share was $0.39

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

HNI CORP filing history →

Source: SEC EDGAR

accession 0000048287-23-000049

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