Headquartered in Muscatine, IA Fiscal year ends December NYSE: HNI hnicorp.com
HNI Corporation is a manufacturer of workplace furnishings and residential building products and reports in two segments.
- **Workplace Furnishings:** Designs and provides commercial furniture under multiple brands, sold largely through a network of independent dealers to contract customers and small and medium-sized businesses. The segment was significantly expanded by the December 2025 acquisition of Steelcase, which added global operations and international markets. In the third quarter of 2026, HNI also acquired a workplace furnishings dealer.
- **Residential Building Products:** A U.S. manufacturer and marketer of hearth products, including gas, electric, wood and pellet-burning fireplaces, inserts, stoves, facings and accessories. It serves both the remodel-retrofit and new construction channels.
The company is pursuing Steelcase integration synergies, legacy manufacturing network optimization, and growth initiatives in both segments, and pays a longstanding dividend. Updated
The Steelcase deal is paying off faster than planned: HNI raised its fully mature synergy target to at least $130 million and guided to double-digit EPS growth again in 2027. Earnings topped expectations even with revenue slightly short of estimates.
The office products industry faces relentless headwinds as remote work, digitization, and shifting workplace habits erode demand for traditional supplies. Some companies are fighting back with strategic pivots, cost discipline, and acquisitions…
HNI Corporation is a manufacturer of workplace furnishings and residential building products and reports in two segments. - **Workplace Furnishings:** Designs and provides commercial furniture under multiple brands, sold largely through a network of independent dealers to contract customers and small and medium-sized…
The Wall Street consensus 12-month price target for HNI is $71.00.
