HNI Q2 FY26 GAAP EPS drops 31% to $0.70; net sales more than double to $1.5 billion

Reuters2026/07/30 11:45

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HNI posted Q2 GAAP diluted EPS of $0.70, down 31.4% year over year, on net sales of $1.5 billion, up 121%.
GAAP net income was $51.1 million; non-GAAP diluted EPS rose 14.4% to $1.27, with non-GAAP net income of $92.6 million.
Workplace Furnishings net sales more than doubled to $1.3 billion; GAAP operating margin narrowed 3.9 percentage points to 7.7%.
Residential Building Products net sales slipped 1.6% to $148.7 million; non-GAAP operating margin widened 4.7 percentage points to 20.4%.
Outlook calls for 2026 non-GAAP EPS growth of 20%-25%, with Workplace Furnishings Q2 orders up 5% year over year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HNI Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000048287-26-000122), on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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HNI Q2 FY26 GAAP EPS drops 31% to $0.70; net sales more than double to $1.5 billion

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