Brief: HNI Sees Q3 Revenue Up 16 To 18 Percent

HNI

23/09/2021 22:03

Sept 23 (Reuters) - HNI Corp  HNI.N :
    * SEES Q3 REVENUE UP 16 TO 18 PERCENT
    * HAD PREVIOUSLY EXPECTED Q3 YEAR-OVER-YEAR REVENUE GROWTH
IN
MID-20 PERCENT RANGE
    * NEW CHALLENGES WHEN COMBINED WITH CONTINUED STAFFING
SHORTAGE
ARE LIMITING PRODUCTION CAPACITY GROWTH
    * WILL BEGIN 2022 WITH AN ELEVATED BACKLOG
    * EXPECTS MINIMAL REVENUE SEASONALITY AND STRONG H1 REVENUE
GROWTH
IN WORKPLACE FURNISHINGS IN 2022

Source text for Eikon:  ID:nBw8SMKrna 
Further company coverage:  HNI.N 

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