HNI Reports Fourth-Quarter Net Income of $38.3 Million
MUSCATINE, Iowa - HNI Corporation (HNI) reported net income of $38.3 million for its fourth fiscal quarter, ended December 31, 2023. The Muscatine, Iowa-based company's earnings per share were 79 cents on a reported basis and 87 cents on an adjusted basis, excluding restructuring costs.
HNI's revenue for the quarter totaled $642.5 million. For the full fiscal year, the company reported net income of $139.5 million, or $2.88 per share, on revenue of $2.53 billion.