08:46 AM EST, 02/20/2025 (MT Newswires) -- HNI (HNI) reported fiscal Q4 non-GAAP earnings Thursday of $0.87 per diluted share, down from $0.98 a year earlier.

Four analysts polled by FactSet expected $0.74.

Net sales for the quarter ended Dec. 31 were $642.5 million, down from $679.8 million a year earlier.

Four analysts surveyed by FactSet expected $657.0 million.

For Q1, the furniture and building products company said it expects a slight decrease in non-GAAP EPS when including the anticipated impact of tariffs. An analyst polled by FactSet expect $0.42.

For 2025, the company said it expects double digit EPS growth on low-to-mid single-digit net sales growth. An analyst polled by FactSet expect earnings of $3.60 while two analysts anticipate sales of $2.63 billion.

Shares of the company were up 1.8% in recent premarket activity.