HNI Corporation (HNI) reported a first quarter net loss attributable to HNI of $38.8 million compared to profit of $13.9 million, last year. Loss per share was $0.55 compared to profit of $0.29. Adjusted EPS was $0.34 compared to $0.44.
Net sales were $1.3 billion, up 125% from prior year. On an organic basis, net sales decreased 3.2 percent year-over-year.
The Corporation expects to deliver double-digit non-GAAP EPS growth in 2026.
In pre-market trading on NYSE, HNI Corp. shares are up 0.91 percent to $36.51.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.