HNI (HNI)

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HNI (HNI) Earnings Call Presentation
2025-06-27 17:11
业绩总结 - HNI公司2023财年的净收入为1560万美元,较2022年增长了22%[49] - 2023财年EBITDA为4350万美元,较2022年增长了6倍[49] - 2023财年每股收益为0.25美元,较2022年增长了5%[49] - 2023财年总收入为2730万美元,较2022年增长了3%[49] - 2023财年运营利润为900万美元,较2022年增长了8%[49] - 2023财年毛利率为40%,较2022年提高了2%[49] - FY 2023的非GAAP营业收入为124.5百万美元,较FY 2022的23.5百万美元增长了429.6%[101] - FY 2023的非GAAP EBITDA为184.0百万美元,较FY 2022的69.2百万美元增长了165.5%[101] - 2023财年的自由现金流为267.5百万美元,较2022财年的81.2百万美元显著增长[103] 用户数据 - HNI的工作场所家具收入在2024年达到自2008年以来的最高水平,但行业出货量仍比疫情前低12%[58] - 2024年行业体量(经过PPI调整)比2019年水平低约35%[58] - 66%的购房者将壁炉视为“必备”特征,但选择安装的比例不足40%[88] 未来展望 - 预计Kimball International的协同效应将在2026年底前达到6000万美元,超过最初的预期[34] - 通过优化制造网络,HNI计划在2026年底前节省1100万美元[34] - 总体节省预计将达到8000万至8500万美元,其中4500万至5000万美元将在2025和2026年受益,相当于每股增量收益0.70至0.80美元[34] - 2024财年的非GAAP营业收入预计为179.2百万美元,较FY 2023的124.5百万美元增长43.8%[101] - 2024财年的非GAAP EBITDA预计为249.8百万美元,较FY 2023的184.0百万美元增长35.7%[101] 新产品和新技术研发 - 公司在2024年获得了美国气候领袖的称号,表彰其在减少温室气体排放和能源节约方面的努力[91] - 公司计划在未来继续投资于业务,以实现强劲回报[95] - 截至2024年底,公司已将温室气体排放量从2018年基准减少79%[91] - 公司致力于到2025年实现100%可回收包装[91] 财务健康 - HNI的市值约为20.4亿美元,企业价值约为23.6亿美元[8] - 2024年现金分红为6360万美元,五年平均自由现金流为1.37亿美元(每股超过3.00美元)[8] - 截至2024年,公司的杠杆比率为1.1倍,远低于3.5倍的杠杆契约[95] - 2023财年净债务为1780万美元,较2022年减少了1倍[49] 负面信息 - 目前美国住房供应短缺,缺口高达300万套,后续将支持2024至2026年每年180万套的新开工[75] - 2024年行业体量(经过PPI调整)比2019年水平低约35%[58]
Does HNI (HNI) Have the Potential to Rally 47.06% as Wall Street Analysts Expect?
ZACKS· 2025-06-04 23:01
Shares of HNI (HNI) have gained 8.8% over the past four weeks to close the last trading session at $47.26, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $69.50 indicates a potential upside of 47.1%.The average comprises four short-term price targets ranging from a low of $63 to a high of $80, with a standard deviation of $7.59. While the lowest estimate indicates an increase o ...
Allsteel Announces Enhancements to Evo Chair for an Eco-Friendly, Refined Design
Globenewswire· 2025-06-03 01:50
文章核心观点 公司扩大畅销Evo系列产品,推出更可持续座椅选项,满足现代办公空间需求,体现可持续、创新和以人为本设计理念 [1] 产品创新 - 推出环保绗缝针织椅背,采用SEAQUAL®海洋垃圾再生材料,零浪费制造工艺,融合舒适与环保 [1][2] - 绗缝针织椅背开创材料新类别,触感舒适且外观独特,带来视觉与触觉柔软体验 [2][3] 设计优势 - 绗缝“T”形图案椅背突出腰部支撑,无额外聚酯组件,符合人体工程学,便于拆卸和回收 [4] - 绗缝针织椅背响应式填充和动态通道设计,使椅子实时灵活调整,提供全天舒适支撑 [5] 可持续性 - 部分Evo型号获碳中和认证,公司用第三方VCS碳抵消补偿椅子碳足迹,支持美国造林项目 [6] - Evo系列获SCS Indoor Advantage™ Gold和BIFMA LEVEL® 3认证,体现公司对负责任材料选择和可持续制造的承诺 [6] 设计灵活性 - 引入喷漆铝作为新饰面选项,40种精选颜色可定制固定铝制扶手和底座,满足不同审美和办公空间需求 [7]
3 Reasons Growth Investors Will Love HNI (HNI)
ZACKS· 2025-05-30 01:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth S ...
Wall Street Analysts Predict a 37.73% Upside in HNI (HNI): Here's What You Should Know
ZACKS· 2025-05-19 22:56
HNI (HNI) closed the last trading session at $47.92, gaining 16.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $66 indicates a 37.7% upside potential.The average comprises three short-term price targets ranging from a low of $63 to a high of $70, with a standard deviation of $3.61. While the lowest estimate indicates an increase of 31.5% from the current price level, the most o ...
3 Reasons Why Growth Investors Shouldn't Overlook HNI (HNI)
ZACKS· 2025-05-14 01:45
成长股投资策略 - 投资者寻求成长股以利用高于平均水平的财务增长吸引市场关注并产生超额回报 [1] - 寻找优质成长股具有挑战性因这类股票通常伴随较高风险和波动性 [1] - Zacks增长风格评分系统通过分析公司真实增长前景简化筛选过程推荐HNI公司 [2] HNI公司核心优势 - 当前EPS预计增长14_1%显著高于行业平均2_1%的增长率 [4] - 年度现金流增长率达19_1%远超同行4_9%的水平 [5] - 过去3-5年现金流复合增长率6_2%优于行业平均-4%的表现 [6] 盈利预测修正趋势 - 当前年度盈利预测在过去一个月内上调7_1% [8] - 正向盈利预测修正趋势与短期股价走势存在强相关性 [7] 综合评级表现 - 公司获得Zacks成长评分B级并拥有Zacks排名第2级(买入)评级 [10] - 同时具备高成长评分和优质排名的股票历史上持续跑赢市场 [3][10]
Earnings Estimates Rising for HNI (HNI): Will It Gain?
ZACKS· 2025-05-14 01:21
HNI (HNI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this maker of office furniture and fireplaces is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and ...
HNI (HNI) - 2025 Q1 - Earnings Call Transcript
2025-05-08 00:00
Jeff? Speaker1 Good morning. My name is Matt McCall. I'm Vice President, Investor Relations and Corporate Development for HNI Corporation. Thank you for joining us to discuss our first quarter fiscal year twenty twenty five results. With me today are Jeff Lorenger, Chairman, President and CEO and VP Berger, Executive Vice President and CFO. Copies of our financial news release and non GAAP reconciliations are posted on our website. Statements made during this call that are not strictly historical facts are ...
HNI (HNI) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-07 21:45
HNI (HNI) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.71%. A quarter ago, it was expected that this maker of office furniture and fireplaces would post earnings of $0.73 per share when it actually produced earnings of $0.87, delivering a surprise of 19.18%.Over the last four qu ...
HNI (HNI) - 2025 Q1 - Quarterly Results
2025-05-07 19:32
HNI Corporation 600 East Second Street, Muscatine, Iowa 52761, Tel 563 272 7400, Fax 563 272 7347, hnicorp.com News Release HNI CORPORATION REPORTS FIRST QUARTER 2025 RESULTS Delivered year-over-year earnings and revenue growth; 2025 earnings outlook unchanged MUSCATINE, Iowa (May 7, 2025) – HNI Corporation (NYSE: HNI) today announced net sales of $599.8 million and net income of $13.9 million for the first quarter ended March 29, 2025. Highlights 1 • Net sales growth returned with Q1 EPS exceeding expectat ...