earnings
confidence high
sentiment neutral
materiality 0.65
HNI Q1 sales up 2% to $599.8M; GAAP EPS $0.29, non-GAAP $0.44; FY guidance unchanged
HNI CORP
2025-Q1 EPS reported
$0.29
revenue$599,800,000
- Net sales $599.8M (+2% YoY); GAAP EPS $0.29 (-22%), non-GAAP EPS $0.44 (+19%).
- Workplace Furnishings sales $441.1M (flat), non-GAAP op margin 5.8% (-20bps).
- Residential Building Products sales $158.7M (+7.1%), op margin 15.7% (+130bps).
- FY 2025 double-digit non-GAAP EPS growth outlook unchanged; $0.70-$0.80 incremental EPS from KII/Mexico over 2025-2026.
- $40M stock repurchased in Q1; Workplace backlog up 16% vs prior year.