HNI Reports Q1 2026 Earnings Call Details
HNI reported Q1 2026 earnings with mixed results, including a 125% increase in net sales but a 3% organic decline. The Workplace Furnishings segment saw a 5% drop in legacy revenue due to weak large corporate customer demand early in the quarter, though order trends improved in March and accelerated in Q2. The segment's non-GAAP operating profit nearly doubled to $49 million.
Topics: earnings operating profit orders revenue synergies