HNI Q1: GAAP loss $0.55/sh; adj EPS $0.34; sales $1.35B; organic sales -3.2%; guides FY mid-teens adj EPS growth

HNI CORP

2026-Q1 EPS reported -$0.55 revenue$1,347,500,000

GAAP net loss $38.8M ($0.55 diluted EPS); non-GAAP diluted EPS $0.34 modestly above internal expectations.
Net sales $1.35B, up 125% YoY on Steelcase acquisition; organic net sales down 3.2% YoY.
Workplace Furnishings organic sales -5.2% YoY; Residential Building Products +2.1% with 190bps margin expansion to 17.6%.
Guides full-year 2026 mid-teens non-GAAP EPS growth; Q2 non-GAAP EPS expected to decline modestly YoY.
Steelcase integration on track; $120M total synergies expected; terminated Steelcase ERP to cut costs and focus on profitable growth.

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 first quarter ended April 4, 2026 results: revenue $1.3 billion, net income net loss of $38.8 million, EPS GAAP diluted EPS totaled $(0.55) and diluted non-GAAP EPS of $0.34.

Period: first quarter ended April 4, 2026
Revenue: $1.3 billion
Net income: net loss of $38.8 million
EPS: GAAP diluted EPS totaled $(0.55) and diluted non-GAAP EPS of $0.34
Result: reported results

Exact text from the filing

HNI Corporation (NYSE: HNI) today announced net sales of $1.3 billion and a net loss of $38.8 million for the first quarter ended April 4, 2026.

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

HNI CORP filing history →

Source: SEC EDGAR

accession 0000048287-26-000098

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