Brief: HNI Corporation Reports Earnings For Fourth Quarter And Fiscal Year 2021

HNI

28/02/2022 12:45

Feb 28 (Reuters) - HNI Corp  HNI.N :
    * ORATION REPORTS EARNINGS FOR FOURTH QUARTER AND FISCAL
YEAR 2021
    * Q4 NON-GAAP EARNINGS PER SHARE $0.43
    * Q4 GAAP EARNINGS PER SHARE $0.19
    * Q4 SALES ROSE 7 PERCENT TO $602.9 MILLION
    * CAPACITY ADDITIONS, BENEFITS FROM PRICING ACTIONS EXPECTED
TO
DRIVE STRONG REVENUE GROWTH AND ACCELERATING PROFIT IMPROVEMENT
AS 2022 PROGRESSES
    * EXPECTS Q1 PROFITABILITY TO BE BELOW LEVELS GENERATED IN
COMPARABLE PRIOR-YEAR PERIOD
    * EXPECTS TO MAINTAIN A STRONG BALANCE SHEET THROUGHOUT 2022

Source text for Eikon:  ID:nBwl1Z4Ra 
Further company coverage:  HNI.N 

 ((Reuters.Briefs@thomsonreuters.com;))