---
schema_version: "secwatch.filing_event.v1"
accession: "0000048287-24-000191"
form_type: "8-K"
ticker: "HNI"
cik: "0000048287"
company_name: "HNI CORP"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:28:15.646510+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HNI Q3 GAAP EPS $0.98 (+23% YoY), non-GAAP $1.03 (+11%); revenue down 5.5%; Q4 outlook soft

## Summary
- Q3 net sales $672.2M (-5.5% YoY); GAAP EPS $0.98 vs $0.80; non-GAAP EPS $1.03 vs $0.93.
- Workplace Furnishings non-GAAP operating margin hit 20-year high of 11.9% (up 190 bps YoY).
- KII acquisition synergies raised to $60M total; Mexico facility ramp adds $20-25M; $45-50M benefit expected 2025-2026.
- Q4 revenue expected to decline low-to-mid single digits in Workplace and low single digits in Residential; non-GAAP EPS to decrease YoY.
- Full-year 2024 non-GAAP EPS expected to grow 10%+ for third consecutive year.

## SEC filing metadata
- accession: 0000048287-24-000191
- form_type: 8-K
- ticker: HNI
- cik: 0000048287
- company_name: HNI CORP
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/48287/000004828724000191/0000048287-24-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/48287/000004828724000191/hni-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000048287-24-000191
- JSON: https://secwatch.observer/filing/0000048287-24-000191.json
- Plain text: https://secwatch.observer/filing/0000048287-24-000191.txt

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