HNI Corporation — Third Quarter 2026 Earnings Summary

HNI Corporation reported third-quarter 2026 net sales of $1.6 billion and net income of $90.0 million, driven by the acquisition of Steelcase and organic growth in both its Workplace Furnishings and Residential Building Products segments. On a non-GAAP basis, diluted earnings per share reached $1.62, representing a 47.3% increase year-over-year, while GAAP diluted EPS was $1.23. The company anticipates low-single-digit organic net sales growth for the full year 2026 and expects non-GAAP diluted EPS to grow by 20-25% for the year. Additionally, HNI projects that Steelcase synergies will eventually add at least $130 million to operating profit, with manufacturing network optimization savings expected to total nearly $30 million by 2028.