Oct. 30 at 7:17 PM
HNI Corporation (NYSE: HNI) Posts Solid 3Q25 Results, Driven by Workplace Furnishings Strength
🔹 Earnings beat: Ongoing EPS of
$1.10 (+6.8% YoY) exceeded expectations, supported by margin expansion and cost synergies.
🔹 Sales growth: Revenue rose 1.7% to
$683.8M; organic growth +2.6% excluding HNI India divestiture.
🔹 Workplace momentum: Segment revenue up 3.5% organically, margins improved to 12.3%, driven by transformation gains and higher volumes.
🔹 Residential headwinds: Flat sales amid housing softness, but HNI gaining share with stable October orders.
🔹 Strategic catalyst: Steelcase (SCS) acquisition expected to close by 4Q25, bringing
$120M in synergies and faster deleveraging.
🔹 2026 outlook raised: EPS to
$4.05 and sales growth to 4%, with improving office market dynamics and tariffs easing.
Read Doug Lane's full report for more!
https://watertowerresearch.com/doc?docID=UR_HNI_10292025
$HNI #OfficeFurniture #WorkplaceTrends #Steelcase #MergersAndAcquisitions #SmallCapStocks
