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India

HNI Corp (HNI.N)

HNI.N on New York Stock Exchange

44.18USD
21 Sep 2018
Change (% chg)

$1.68 (+3.95%)
Prev Close
$42.50
Open
$42.64
Day's High
$44.54
Day's Low
$42.64
Volume
240,361
Avg. Vol
59,780
52-wk High
$45.38
52-wk Low
$31.20

Latest Key Developments (Source: Significant Developments)

HNI Corp Says CEO Stan Askren To Retire
Friday, 29 Jun 2018 

June 28 (Reuters) - HNI Corp ::HNI CORPORATION ANNOUNCES NEW CHIEF EXECUTIVE OFFICER.HNI CORP <<>> SAYS CEO STAN A. ASKREN TO RETIRE.HNI CORP - ASKREN WILL REMAIN CHAIRMAN OF BOARD OF DIRECTORS UNTIL HIS RETIREMENT FROM BOARD.HNI CORP - PROMOTION OF JEFFREY LORENGER AS NEW CHIEF EXECUTIVE OFFICER.  Full Article

HNI Corp Increases Quarterly Dividend By 4 Pct
Tuesday, 8 May 2018 

May 8 (Reuters) - HNI Corp ::ORATION INCREASES QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 4 PERCENT TO $0.295PER SHARE.  Full Article

HNI Corp, Units Entered Third Amended And Restated Credit Agreement
Wednesday, 25 Apr 2018 

April 24 (Reuters) - HNI Corp ::HNI CORP - CO, CERTAIN UNITS & OTHERS ENTERED THIRD AMENDED AND RESTATED CREDIT AGREEMENT ON APRIL 20.HNI CORP - CREDIT AGREEMENT AMENDS AND RESTATES SECOND AMENDED AND RESTATED CREDIT AGREEMENT, DATED JUNE 9, 2015.HNI CORP - CREDIT AGREEMENT INCREASES REVOLVING COMMITMENT OF LENDERS FROM $400 MILLION TO $450 MILLION.HNI CORP - CREDIT AGREEMENT ALSO EXTENDS MATURITY DATE FROM JANUARY 2021 TO APRIL 2023 WITH OPTION FOR TWO ADDITIONAL ONE-YEAR EXTENSIONS.  Full Article

HNI To Discontinue Paoli Office Furniture Brand
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Hni Corp ::HNI SAYS TO DISCONTINUE PAOLI OFFICE FURNITURE BRAND - SEC FILING.HNI CORP - MANUFACTURING OF PAOLI BRANDED PRODUCTS WILL CEASE IN Q1 OF 2018.HNI - ESTIMATES DISCONTINUATION OF PAOLI OFFICE FURNITURE BRAND TO GENERATE CASH PAYBACK IN LESS THAN 1 YEAR & SAVE $7.0 MILLION ANNUALLY BEGINNING IN Q1.HNI CORP - ANTICIPATES CHARGES RELATED TO DISCONTINUATION OF PAOLI OFFICE FURNITURE BRAND WILL IMPACT PRE-TAX EARNINGS AN ESTIMATED $25.4 MILLION.  Full Article

HNI Corp reports Q3 earnings per share $0.84
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - HNI Corp :HNI Corporation reports earnings for third quarter fiscal year 2017.Sees Q4 non-gaap earnings per share $0.38 to $0.45 excluding items.Sees FY 2017 non-gaap earnings per share $1.88 to $1.95 excluding items.Q3 non-gaap earnings per share $0.82.Q3 gaap earnings per share $0.84.Q3 sales $599.5 million versus I/B/E/S view $585.1 million.Q3 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Sees FY 2018 non-gaap earnings per share $2.15 to $2.65.HNI Corp - ‍for Q4 2017, corporation expects sales to be flat to down 3 percent​.HNI Corp - ‍Q4 organic sales, which exclude impacts of acquisitions and divestitures, are expected to be flat to up 3 percent​.HNI Corp - "‍we are expecting a significant decline in our q4 profit​".Q4 earnings per share view $0.96, revenue view $601.2 million -- Thomson Reuters I/B/E/S.HNI -Lower Q4 volume in supplies-driven business, higher costs related to operational transformations,among others, primarily driving reduced outlook​.HNI Corp - ‍estimates full year 2018 consolidated organic net sales up 2 to 5 percent​.  Full Article

BRIEF-HNI Corp Increases Quarterly Dividend By 4 Pct

* INCREASES QUARTERLY DIVIDEND BY 4 PERCENT TO $0.295PER SHARE Source text for Eikon: Further company coverage: