HNI

HNI Corporation Announces Quarterly Dividend

Retrieved on: 
Tuesday, August 15, 2023

HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

Key Points: 

HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.
The dividend will be payable on September 8, 2023, to shareholders of record at the close of business on August 25, 2023.

LeanDNA Earns Spot on 2023 Inc. 5000 List Two Years in a Row

Retrieved on: 
Tuesday, August 15, 2023

NEW YORK and AUSTIN, Texas, Aug. 15, 2023 /PRNewswire/ -- Inc. revealed today that LeanDNA, a leading supply chain technology platform focused on solving the supply chain execution gap, is featured on the Inc. 5000 list of the fastest-growing companies in the U.S. for the second year in a row. The list represents a data-driven look at the most successful companies within the economy's most dynamic segment—its independent businesses. With three-year revenue growth of 179 percent, LeanDNA is ranked 330 in the business products and services category.

Key Points: 
  • The list represents a data-driven look at the most successful companies within the economy's most dynamic segment—its independent businesses.
  • With three-year revenue growth of 179 percent, LeanDNA is ranked 330 in the business products and services category.
  • LeanDNA has increased its own workforce by 111% over the three-year timeframe measured by Inc. for the list.
  • Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022.

HNI Corporation Second Quarter Fiscal 2023 Results Conference Call

Retrieved on: 
Wednesday, July 19, 2023

To listen to the call, please dial:

Key Points: 
  • To listen to the call, please dial:
    A live webcast of the call will be available on HNI Corporation’s website at https://investors.hnicorp.com/events-and-presentations .
  • A replay of the webcast and call will be made available from Tuesday, August 8, 2023, 1:00 p.m. (Central) through Tuesday, August 15, 2023, 10:59 p.m. (Central).
  • HNI Corporation plans to release its second quarter 2023 results on Tuesday, August 8, 2023 before the market opens.
  • Results will be posted on HNI Corporation’s website at https://investors.hnicorp.com/news .

HNI Corporation Releases 2022 Social Responsibility Report

Retrieved on: 
Thursday, July 13, 2023

HNI Corporation (NYSE: HNI) and its family of brands are proud to release the Corporation’s biennial Corporate Social Responsibility Report, which details continued commitment to and progress towards a more inclusive, safe, and sustainable future.

Key Points: 
  • HNI Corporation (NYSE: HNI) and its family of brands are proud to release the Corporation’s biennial Corporate Social Responsibility Report, which details continued commitment to and progress towards a more inclusive, safe, and sustainable future.
  • As seen in the report, HNI is making progress on the company’s measurable goals contributing to its long-term growth and success.
  • The report includes stories and details of activities undertaken by HNI to reduce energy use, emissions, and waste, and further integrate sustainability into HNI’s company culture.
  • We are committed to the long-term success of HNI, which includes our commitment to the planet, the communities where we operate, and our members,” said Jeff Lorenger, HNI Corporation, Chairman, President and Chief Executive Officer.

HNI Corporation Completes Acquisition of Kimball International

Retrieved on: 
Thursday, June 1, 2023

HNI Corporation (NYSE: HNI) announced today the completion of its acquisition of Kimball International, Inc. (NASDAQ: KBAL), a leading commercial furnishings company with expertise in workplace, health, and hospitality.

Key Points: 
  • HNI Corporation (NYSE: HNI) announced today the completion of its acquisition of Kimball International, Inc. (NASDAQ: KBAL), a leading commercial furnishings company with expertise in workplace, health, and hospitality.
  • “The completion of the Kimball International acquisition represents a new chapter as we bring together two strong, successful companies with similar cultures and well-established families of brands,” said Jeff Lorenger, HNI Corporation’s Chairman, President, and Chief Executive Officer.
  • Kimball International shareholders are receiving $9.00 in cash and 0.1301 shares of HNI Corporation common stock for each share of Kimball International stock they owned immediately prior to the closing of the transaction.
  • Kimball International will continue to be based in Jasper, Indiana.

HNI Corporation Announces Quarterly Dividend

Retrieved on: 
Monday, May 15, 2023

HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

Key Points: 

HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.
The dividend will be payable on June 23, 2023, to shareholders of record at the close of business on June 9, 2023.

HNI Corporation Reports Earnings for First Quarter Fiscal Year 2023

Retrieved on: 
Monday, May 8, 2023

The impact of a residential building products company acquired in the second quarter of 2022 increased sales $1.5 million compared to the prior-year quarter.

Key Points: 
  • The impact of a residential building products company acquired in the second quarter of 2022 increased sales $1.5 million compared to the prior-year quarter.
  • The Corporation expects weaker macroeconomic conditions to continue to impact Workplace Furnishings demand and profitability on a year-over-year basis through the second quarter.
  • The Corporation expects second quarter 2023 operating income to exceed first quarter 2023 levels.
  • HNI Corporation will host a conference call on Monday, May 8, 2023 at 10:00 a.m. (Central) to discuss first quarter fiscal year 2023 results.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ROCC, KBAL, UNVR

Retrieved on: 
Friday, May 5, 2023

If you are a Ranger shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Ranger shareholder, click here to learn more about your rights and options .
  • If you are a Kimball shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Kimball International, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, May 4, 2023

JASPER, Ind., May 04, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) today announced results for the third quarter ended March 31, 2023.

Key Points: 
  • Our set of strategic choices is having a positive impact in the marketplace and making a difference for our customers, partners, and suppliers.
  • In light of the pending acquisition by HNI Corporation, and as is customary during such transactions, Kimball International, Inc. will not host an earnings conference call for its third quarter 2023 results.
  • Orders received represent firm orders placed by our customers during the current quarter which are expected to be recognized as revenue during current or future quarters.
  • The orders received metric is not intended to be presented as an alternative measure of revenue recognized in accordance with GAAP.

KIMBALL INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kimball International, Inc. - KBAL

Retrieved on: 
Thursday, May 4, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kimball International, Inc. (NasdaqGS: KBAL) to HNI Corporation (NYSE: HNI).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kimball International, Inc. (NasdaqGS: KBAL) to HNI Corporation (NYSE: HNI).
  • Under the terms of the proposed transaction, shareholders of Kimball will receive $9.00 in cash and 0.1301 shares of HNI for each share of Kimball that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .