Skip to main content

HNI: Q4 Earnings Snapshot

MUSCATINE, Iowa (AP) — MUSCATINE, Iowa (AP) — HNI Corp. (HNI) on Wednesday reported a loss of $49.2 million in its fourth quarter.

The Muscatine, Iowa-based company said it had a loss of 94 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and asset impairment costs, were 83 cents per share.

The maker of office furniture and fireplaces posted revenue of $888.4 million in the period.

For the year, the company reported profit of $54.2 million, or $1.11 per share. Revenue was reported as $2.84 billion.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story