Every material Form 8-K HNI filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
HNI reported third-quarter 2026 net sales of $1.6 billion, up from $683.8 million a year earlier, driven by the December 2025 Steelcase acquisition. GAAP diluted EPS was $1.23 versus $0.88, and non-GAAP diluted EPS was $1.62 versus $1.10. The company expects 2026 non-GAAP diluted EPS growth of 20-25% and non-GAAP diluted EPS growth in the mid-20 percent range for the fourth quarter.
Q3 net sales $1,592.9 million vs. $683.8 million; net income $90.0 million vs. $41.2 million
GAAP diluted EPS $1.23 vs. $0.88; non-GAAP diluted EPS $1.62 vs. $1.10
Expects 2026 non-GAAP diluted EPS growth of 20-25%; Steelcase synergies of at least $130 million when fully mature
HNI reported second-quarter 2026 net sales of $1.5 billion, up 121% from the prior year mainly due to the Steelcase acquisition, with organic sales up 0.1%. GAAP diluted EPS fell to $0.70 from $1.02, while non-GAAP diluted EPS rose to $1.27 from $1.11, and the company expects 2026 non-GAAP EPS growth of 20-25%, which it describes as an improved outlook.
Q2 net sales $1,472.4 million vs $667.1 million a year earlier; organic net sales up 0.1%
GAAP diluted EPS $0.70 vs $1.02 (down 31.4%); non-GAAP diluted EPS $1.27 vs $1.11 (up 14.4%)
2026 non-GAAP diluted EPS growth now expected at 20-25%, including net tariff impacts
Q3 2026 non-GAAP diluted EPS expected to rise in the mid-to-high 20 percent range year over year
HNI Corporation entered into Amendment No. 3 to its credit agreement on June 10, 2026, providing a new $498.75 million tranche of term loans maturing in 2032 that were used to refinance all outstanding Initial Tranche B Term Loans. The filing does not report any change to earnings, guidance, or the company's overall debt level beyond this refinancing.
New Replacement Term Loans total $498.75 million and mature in 2032.
Amortization is 1.00% per annum, with the first installment payable on or about September 30, 2026.
Applicable Percentage is 1.75% for SOFR Loans and 0.75% for Alternate Base Rate Loans.
Wells Fargo Bank, National Association serves as Administrative Agent.
At its May 20, 2026 annual meeting, HNI shareholders elected John R. Hartnett, Larry B. Porcellato and Dhanusha Sivajee to the board for terms ending at the 2029 meeting, ratified KPMG LLP as auditor for fiscal 2026, and approved named executive officer pay on an advisory basis. Separately, the board approved a Change in Control Employment Agreement with CFO Vincent P. (VP) Berger II, effective June 1, 2026, which replaces his 2016 agreement on substantially identical terms.
Each director nominee received more votes for than against: Hartnett 55,897,303 for and 1,702,351 against; Porcellato 54,914,744 for and 2,685,311 against; Sivajee 56,170,539 for and 1,421,163 against
KPMG LLP ratified as independent registered public accounting firm for the fiscal year ending January 2, 2027, with 63,007,838 votes for and 370,208 against
Advisory say-on-pay proposal approved with 56,108,616 votes for and 1,453,871 against
Berger's CIC agreement pays, on a double trigger, a lump sum equal to two times base salary plus the average of the prior two years' incentive awards; 63,426,629 of 71,992,908 eligible shares were present at the meeting
HNI Corporation reported first quarter 2026 results for the period ended April 4, 2026. Net sales rose 125 percent to $1.3 billion, driven by the Steelcase acquisition, but organic net sales fell 3.2 percent and the company posted a net loss of $38.8 million, or $(0.55) per diluted share, versus net income of $13.9 million, or $0.29, a year earlier. Non-GAAP diluted EPS declined to $0.34 from $0.44, and the company expects mid-teens percent non-GAAP EPS growth for full-year 2026.
Net sales of $1.3 billion, up from $599.8 million a year earlier; organic net sales decreased 3.2 percent
GAAP net loss of $38.8 million, or $(0.55) per diluted share, compared with net income of $13.9 million, or $0.29, in the prior-year quarter
Non-GAAP diluted EPS of $0.34 versus $0.44; restructuring and impairment charges were $18.0 million
Outlook: second quarter non-GAAP EPS expected to decline modestly; full-year 2026 non-GAAP EPS growth expected in the mid-teens percent range
HNI reported fourth quarter 2025 net sales of $888.4 million, up 38.3% after the Steelcase acquisition, but a net loss of $49.2 million, or ($0.94) per diluted share, compared with $0.79 a year earlier. Non-GAAP diluted EPS fell to $0.83 from $0.87, and the company expects first quarter 2026 non-GAAP EPS to decrease slightly from 2025 levels, while still targeting double-digit full-year non-GAAP EPS growth.
Q4 2025 net sales $888.4 million, up 38.3%; non-GAAP diluted EPS $0.83 vs. $0.87
Full-year 2025 net sales $2.8 billion, up 12.4%; non-GAAP diluted EPS $3.46 vs. $3.06, up 13.1%
Full-year GAAP diluted EPS $1.11 vs. $2.88; Q4 acquisition costs of $86.3 million
Outlook: non-GAAP EPS expected to grow double digits in 2026, but to decrease slightly in Q1 2026
HNI Corporation said it will exit its Wayland, New York manufacturing facility in 2027 and move production to its other North American plants as part of an operational improvement plan adopted January 8, 2026. The company estimates the move will reduce annual costs by $7.5 to $8.0 million once fully mature, but will reduce pre-tax earnings by an estimated $14.9 million across 2026 and 2027, and about 135 Wayland employment terminations are expected.
Wayland, New York plant to close in 2027, with production shifted to existing HNI facilities
Estimated pre-tax charges of $14.9 million in 2026 and 2027, including $5.7 million of non-cash charges
Estimated annual savings of $7.5 to $8.0 million once fully mature; total Kimball International integration cost synergies now expected to reach $68 million by end of 2028
Approximately 135 employment terminations in Wayland
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every HNI filing is on SEC EDGAR ↗. 8-K briefs of other companies →