secwatch.observer — SEC 8-K summary
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Issuer:     HNI CORP (HNI)
CIK:        0000048287
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000048287-25-000134
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNI Q3 non-GAAP EPS $1.10 (+7% YoY); guides double-digit EPS growth in 2025; Steelcase deal on track
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- Non-GAAP diluted EPS $1.10 (+7% YoY); GAAP EPS $0.88 (-10% YoY). Net sales $683.8M (+1.7% YoY).
- Non-GAAP operating margin 10.8% (highest Q3); Workplace segment margin up 40 bps to 12.3%.
- Steelcase acquisition (NYSE: SCS) expected to close before end of 2025; debt reduced $120M during Q3.
- Q4 outlook: high single-digit sales growth in both segments; double-digit non-GAAP EPS growth in 2025.
- Adjusted Workplace orders +2% excluding hospitality/tariffs; Residential orders +2% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48287/000004828725000134/0000048287-25-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48287/000004828725000134/hni-20251028.htm
  HTML page:      https://secwatch.observer/filing/0000048287-25-000134

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