secwatch.observer — SEC 8-K summary
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Issuer:     HNI CORP (HNI)
CIK:        0000048287
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001628280-25-022868
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNI Q1 sales up 2% to $599.8M; GAAP EPS $0.29, non-GAAP $0.44; FY guidance unchanged
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48287/000162828025022868/0001628280-25-022868-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48287/000162828025022868/hni-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-022868

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