HNI's Q2 Non-GAAP Earnings, Net Sales Increase-February 2024-www.financetom.com

HNI's Q2 Non-GAAP Earnings, Net Sales Increase

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HNI's Q2 Non-GAAP Earnings, Net Sales Increase

Jul 25, 2024 7:17 AM

09:46 AM EDT, 07/25/2024 (MT Newswires) -- HNI (HNI) reported Q2 non-GAAP earnings Thursday of $0.79 per diluted share, up from $0.55 a year earlier.

Four analysts polled by Capital IQ expected $0.61.

Net sales for the quarter ended June 29 were $623.7 million compared with $563.5 million a year earlier.

Four analysts polled by Capital IQ expected $637.7 million.

The company said it expects full-year non-GAAP earnings per share to "reach an all-time high." Analysts polled by Capital IQ expect $3.09.

Price: 48.88, Change: -1.33, Percent Change: -2.65

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