HNI Q4 non-GAAP EPS $0.98 (+56% YoY); FY23 non-GAAP EPS $2.65; raises Kimball synergies to $35M

HNI CORP

2023-FY EPS reported $1.09 revenue$2,434,000,000

Q4 GAAP EPS $0.48; non-GAAP EPS $0.98 (+56% YoY); sales $679.8M (+19.5% YoY; organic -6.4%).
FY2023 GAAP EPS $1.09; non-GAAP EPS $2.65 (+20.5% YoY); net sales $2.434B (+3.1% YoY).
Kimball International added ~$16M Q4 operating profit; annual cost synergy target raised to $35M from $25M.
Workplace Furnishings non-GAAP operating margin +580 bps to 8.2% in Q4; Residential Building Products margin +240 bps to 22.3%.

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 0.95

HNI CORP reported financial results for its fourth quarter and fiscal year-ended December 30, 2023.

Period: its fourth quarter and fiscal year-ended December 30, 2023
Result: reported results

Exact text from the filing

On February 22, 2024 , HNI Corporation issued a press release announcing its financial results for its fourth quarter and fiscal year-ended December 30, 2023.

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 0000048287-24-000061

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