HNI: 2Q Earnings Snapshot
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.