HNI Corporation Reports Third Quarter 2026 Financial Results

HNI Corporation reported third-quarter 2026 net sales of $1.59 billion, up 133% year over year, primarily due to its acquisition of Steelcase; sales were slightly below the $1.60 billion consensus estimate. Non-GAAP diluted EPS was $1.62, beating expectations of $1.39, while GAAP diluted EPS was $1.23. Management cited SG&A cost management, price-cost benefits and productivity gains, and maintained its outlook for low-single-digit organic sales growth in 2026 with continued profit growth expected in the fourth quarter.