secwatch.observer — SEC 8-K summary
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Issuer:     HNI CORP (HNI)
CIK:        0000048287
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0000048287-25-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNI reports Q4 EPS $0.87 non-GAAP; full-year EPS $3.06 (+15.5% YoY); guides to double-digit EPS growth in 2025
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- Q4 net sales $642.5M (-5.5% YoY); GAAP EPS $0.79, non-GAAP $0.87.
- Full-year 2024 GAAP EPS $2.88 (+164%), non-GAAP $3.06 (+15.5%); operating cash flow >$225M.
- Workplace Furnishings full-year non-GAAP op margin 9.5% (highest since 2007); segment op profit +44% YoY.
- Residential Building Products full-year non-GAAP op margin 17.5% (+50bps) despite 8% sales decline.
- FY2025 guidance: low-to-mid single-digit sales growth both segments; double-digit EPS growth; $0.70-$0.80 incremental EPS from KII/Mexico over 2025-2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48287/000004828725000063/0000048287-25-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48287/000004828725000063/hni-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000048287-25-000063

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