HNI Corp (HNI) Completes the Acquisition of Steelcase Inc

​Management besides noted that portion this strategical acquisition accelerates the quality of HNI Corp. (NYSE:HNI) to put successful semipermanent operations, the combined concern is expected to make yearly pro forma gross of $5.8 billion.

​That said, the company, during its fiscal Q3 2025 results, grew its gross by 1.73% year-over-year to $683.8 million. The gross fell abbreviated of expectations by $7.72 million. However, the EPS of $1.10 topped the statement by $0.03. Management noted that productivity and beardown power implicit expenses drove the results for the quarter. Moreover, HNI Corp. (NYSE:HNI) besides highlighted that the request for workplace furnishings improved during the quarter, reflecting a 2% summation year-over-year successful orders.

​The institution expects 4th fourth nett income successful Workplace Furnishings to summation astatine a precocious single-digit complaint year-over-year, on with Residential Building Products nett income expected to summation astatine a high-single digit rate.

​HNI Corporation (NYSE:HNI) designs, manufactures, and sells bureau furnishings and residential gathering products successful the United States and Canada.

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