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HNI: 2Q Earnings Snapshot

July 22, 2020 GMT

MUSCATINE, Iowa (AP) _ HNI Corp. (HNI) on Wednesday reported second-quarter net income of $12.6 million.

The Muscatine, Iowa-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring gains, came to 20 cents per share.

The maker of office furniture and fireplaces posted revenue of $417.5 million in the period.

HNI shares have fallen 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.45, a drop of slightly more than 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNI at https://www.zacks.com/ap/HNI