---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-033473"
form_type: "8-K/A"
ticker: "HNI"
cik: "0000048287"
company_name: "HNI CORP"
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T12:20:46.025210+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HNI closes Kimball merger; pro forma FY2022 revenue $3.06B, net income $65.4M

## Summary
- Pro forma FY2022 (year ended Dec 31, 2022): net sales $3,058M, net income $65.4M, diluted EPS $1.39.
- Pro forma Q1 2023 (3 months ended Apr 1, 2023): net sales $640.4M, net income $1.6M, diluted EPS $0.04.
- Total estimated purchase consideration $503.6M: 0.1301 HNI shares + $9.00 cash per Kimball share.
- Preliminary purchase price allocation: goodwill $189.1M, intangible assets $194.0M, net debt $356.6M added.

## SEC filing metadata
- accession: 0001140361-23-033473
- form_type: 8-K/A
- ticker: HNI
- cik: 0000048287
- company_name: HNI CORP
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/48287/000114036123033473/0001140361-23-033473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/48287/000114036123033473/brhc20055540_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-033473
- JSON: https://secwatch.observer/filing/0001140361-23-033473.json
- Plain text: https://secwatch.observer/filing/0001140361-23-033473.txt

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