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HNI Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-28 12:36
Core Insights - HNI Corporation reported a strong fiscal 2025 with significant growth in both net sales and operating margins, achieving a 6% year-over-year increase in organic net sales and a 100 basis point expansion in non-GAAP operating profit margin to 10.5% [1][4] Financial Performance - The legacy Workplace Furnishings segment saw a full-year non-GAAP diluted EPS of $3.74, representing a 22% increase from 2024, with total net sales rising 12% and organic sales up 6% [3][6] - The company achieved an adjusted operating margin of 9.4%, an 80 basis point increase, driven by volume growth, productivity gains, and synergies from Kimball International [3][6] Strategic Initiatives - HNI's management highlighted a profitability improvement initiative that began three years ago, which has expanded operating margins by nearly 1,000 basis points [2] - The acquisition of Steelcase, completed on December 10, is expected to generate $120 million in synergies and long-term accretion of $1.20, with integration efforts already underway [6][8] Market Outlook - For fiscal 2026, HNI anticipates a fifth consecutive year of double-digit non-GAAP EPS growth, although it expects a softer first quarter with total net sales projected to rise "more than 130%" due to the Steelcase acquisition [5][12] - The company remains optimistic about Workplace Furnishings demand, citing a return to office trends and positive indicators in the office leasing market [14] Operational Developments - HNI's management noted that the Steelcase acquisition would not alter dealer partnerships or brand distribution, ensuring continuity for customers and dealers [8] - The company plans to optimize its network and expects initiatives to contribute an incremental $0.25 to $0.30 of EPS over the next three years [13]
HNI (HNI) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2026-02-27 18:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...
All You Need to Know About HNI (HNI) Rating Upgrade to Buy
ZACKS· 2026-02-27 18:02
HNI (HNI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it hard ...
La-Z-Boy Incorporated to Present at Raymond James 47th Annual Institutional Investors Conference
Globenewswire· 2026-02-26 21:30
Company Overview - La-Z-Boy Incorporated is a leading vertically integrated retailer and manufacturer of high-quality, custom furniture, with a history of nearly 100 years in the industry [2] - The company operates over 370 La-Z-Boy stores, including 226 company-owned locations, and has a digital platform at La-Z-Boy.com [3] - Approximately 90% of La-Z-Boy's products are manufactured in North America, showcasing its commitment to local production [3] Recent Developments - La-Z-Boy will present at the Raymond James 47th Annual Institutional Investors Conference on March 2, 2026, at 3:25 p.m. ET, with the presentation available via live webcast [1] - The company has been recognized in notable rankings, including TIME's 2026 list of America's Most Iconic Companies and Newsweek's 2025 list of America's Best Retailers, where it ranked No. 1 in the furniture category [3] Workforce and Brand Recognition - La-Z-Boy employs approximately 11,000 individuals globally, reflecting its significant presence in the furniture industry [3] - The Joybird brand, part of La-Z-Boy, operates 15 U.S. stores and focuses on modern, custom upholstered furniture, enhancing the company's product offerings [3]
Seven Years Strong: Ethan Allen's Mexico Plant Honored Again for Socially and Environmentally Responsible Practices
Globenewswire· 2026-02-26 18:44
DANBURY, Conn., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Ethan Allen’s upholstery manufacturing plant in Silao, Guanajuato, Mexico, has once again been recognized as “Empresa Socialmente Responsible” (Environmentally and Socially Responsible), marking seven consecutive years of acknowledgment by the Mexican Center for Corporate Philanthropy and the Alliance for Corporate Social Responsibility. “Ethan Allen’s commitment to social responsibility and sustainability is exemplified by the efforts of our Silao upholster ...
Arhaus(ARHS) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:32
Arhaus (NasdaqGS:ARHS) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsJohn Reed - Founder, Chairman, and CEOJonathan Matuszewski - SVP of Equity ResearchMichael Lee - CFOTara Atwood-Saja - VP of Investor RelationsConference Call ParticipantsPedro Gil - Equity Research AnalystSeth Sigman - Managing Director and Senior Equity Research AnalystSteven Forbes - Senior Managing Director and Equity Research AnalystOperatorGood morning. Welcome to the Arhaus fourth quarter and full year 2025 ...
Furnish Your Way: Article Brings Klarna's Flexible Payments to Furniture Shoppers
Businesswire· 2026-02-23 13:03
TORONTO--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, today announced a new partnership with Article, a leading modern furniture brand offering thoughtfully designed pieces at great prices. The collaboration brings Klarna's flexible payment options to Article's online checkout across the U.S. and Canada giving shoppers more control when purchasing high-value furniture and décor. Home essentials is one of Klarna's fastest-growing categories in North America, a. ...
With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates
CNBC· 2026-02-20 16:57
Core Points - The US Supreme Court ruled that President Trump's country-specific "reciprocal" tariffs are unconstitutional, benefiting many consumer companies facing higher import costs [1][2] - The ruling does not affect tariffs imposed under Section 232 of the Trade Expansion Act, which are still in effect [2] Automotive Industry - The automotive industry continues to face significant tariff costs, with the impact of the Supreme Court decision on this sector remaining unclear [4] - The Trump administration had implemented 25% tariffs on vehicles and certain auto parts, citing national security risks, with some countries negotiating lower rates [5] - General Motors expects $3 billion to $4 billion in tariff costs for the year, while Ford anticipates a flat net tariff impact of around $2 billion in 2026 [6] Pharmaceutical Industry - The pharmaceutical sector faces uncertainty due to potential tariffs, with Trump threatening tariffs that could reach up to 250% [7][8] - A deal was made with several major pharmaceutical companies for a three-year exemption from tariffs in exchange for price reductions and investments in US manufacturing [9][10] Furniture Industry - The furniture industry received no relief from the Supreme Court ruling, with 25% tariffs under Section 232 remaining in place [11] - Smaller companies are particularly affected, with some larger companies facing bankruptcy due to the financial pressures from tariffs and rising costs [12] Food and Consumer Packaged Goods - Companies in this sector, such as Coca-Cola and PepsiCo, will continue to face higher costs due to ongoing aluminum tariffs, which were raised to 50% last year [13] - Some tariffs on agricultural products have been rolled back, providing limited relief to the sector [14]
Wayfair: The Dip Makes This Furniture Giant More Attractive, But Wait Before Buying
Seeking Alpha· 2026-02-20 08:53
Core Insights - The S&P 500 index has remained close to all-time highs in the current year, but the gains are primarily concentrated in specific sectors, particularly semiconductor stocks [1] Group 1: Market Performance - The S&P 500 has shown resilience, maintaining proximity to historical peak levels [1] - Gains within the index are not widespread but are focused on select stocks, indicating a narrow market rally [1] Group 2: Industry Insights - The semiconductor sector is highlighted as a key driver of the current market performance, suggesting strong demand and growth potential in this area [1] - The article references the author's extensive experience in technology and investment, which may provide valuable insights into industry trends [1]
How tariffs are pushing America’s furniture industry to the brink
CNBC· 2026-02-19 17:16
The fate of President Donald Trump's so-called reciprocal tariffs could be determined by the Supreme Court as soon as tomorrow, but the furniture industry will be worse off regardless of that outcome. That's because Scotus will be ruling on the country-specific tariffs invoked under the International Emergency Economic Powers Act, or Ieepa, in April of 2025. Tomorrow's decision won't affect furniture imports like upholstered couches, kitchen cabinets and vanities that were slapped with 25% tariffs in the fa ...