HNI Co.

The board of HNI Corporation has declared a quarterly dividend of 35 cents per common share. Payment will be made on September 11, 2026; the record date for registration in the share register is August 28, 2026. HNI manufactures office furnishings and residential building products such as fireplaces and stoves. » Więcej na de.investing.com

The HNI Corporation board approved a new change-in-control agreement for CFO Vincent P. Berger II that provides severance benefits such as a lump-sum payment equal to twice the annual base salary plus bonuses and continued insurance benefits; a tax gross-up for excessive severance is not included. At the annual meeting, shareholders elected John R. Hartnett, Larry B. Porcellato and Dhanusha Sivajee to the board and ratified KPMG as independent auditors. HNI reported mixed results for Q1 2026 with non-GAAP EPS of $0.34 (above expectations) on revenue of $1.35 billion (below expectations) and announced a quarterly dividend of $0.35. » Więcej na de.investing.com

HNI reported non‑GAAP EPS of $0.34 for Q1 versus $0.30 expected, while revenue of $1.35bn missed the $1.39bn forecast. The revenue shortfall was mainly due to weakness in the “Workplace Furnishings” segment and among contract customers. The stock fell 4.22% in premarket trading; the company expects moderate revenue growth for 2026. Integration of Steelcase is proceeding as planned and is expected to be slightly accretive in the second half of the year, but risks remain from geopolitical uncertainties, tariffs and a weak new‑construction market. » Więcej na de.investing.com