HNI Q1 2025: sales up 2.0% to $599.8 million; GAAP EPS fell 22% to $0.29
HNI Corporation reported first quarter 2025 results for the period ended March 29, 2025, with net sales up 2.0% to $599.8 million and net income of $13.9 million. GAAP diluted EPS fell to $0.29 from $0.37, weighed down by $6.4 million in restructuring and impairment charges tied mainly to HNI India, while non-GAAP diluted EPS rose to $0.44 from $0.37. The company said its 2025 earnings outlook is unchanged, with double-digit percent EPS growth still expected, which matters to shareholders because management is holding its full-year profit view despite tariff pressures.
Key points
- Net sales were $599.8 million, up 2.0% from $588.0 million in the first quarter of 2024.
- GAAP diluted EPS was $0.29 versus $0.37 a year earlier; non-GAAP diluted EPS was $0.44 versus $0.37.
- Restructuring and impairment charges totaled $6.4 million, primarily an impairment tied to the HNI India business classified as held for sale.
- The 2025 earnings outlook is unchanged, and the company repurchased $40 million of its stock in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:39 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.