Entries by jsa

HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2023

MUSCATINE, Iowa, February 22, 2024–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in […]

Steelcase among the top 5% of firms in latest climate disclosure

GRAND RAPIDS, Mich. — Office and contract furniture giant Steelcase has received high marks for its sustainability efforts from the world’s leading environmental disclosure platform. The organization earned a top score of A- from CDP, previously known as the Climate Disclosure Project, for its commitment to environmental strategy and action. Steelcase is the only firm in its industry […]

Haworth continues growth streak amid office uncertainty: ‘Change is good for us’

Higher revenues in 2023 extended Haworth Inc.’s growth streak to four straight years following a steep industry decline in the first year of the COVID-19 pandemic.  The Holland-based Haworth today reported $2.57 billion in sales for 2023, a 3% increase over 2022. The results for last year also raised Haworth to 16% sales growth since […]

Modern furniture brand opens doors to new North Yorkshire HQ following renovation

Contract furniture brand NaughtOne has marked an ‘exciting start to 2024’ following its move into its new headquarters following 18 months of renovation. Experts in furnishing offices of the future for their clients around the world, the tables were turned on this project as NaughtOne designed a space for their own team, bringing to life […]

New Flexsteel partnership enhances digital marketing for dealers

DUBUQUE, Iowa — Flexsteel is taking its local digital marketing to a new level through its partnership with Promoboxx, a dealer marketing support platform. The Promoboxx platform allows dealers to promote Flexsteel-approved marketing content across various social media channels, through email, dealer websites and mobile ads. Promoboxx houses a comprehensive library of brand assets, tailored to […]

Fresh off its acquisition, FurnitureFinders joins environmental support network

CHICAGO – Just a few weeks after it was acquired, used-office-furniture marketplace FurnitureFinders has been accepted as a member of 1% for the Planet, a global environmental network. FurnitureFinders was acquired late January by Wurkwel Ventures, a private investment firm focused on the corporate office space. In the announcement, Wurkwel detailed its plans to make the […]

St. Thomas student hits $1M in sales with refurbished furniture company that emphasizes sustainability

The summer before his junior year of high school, John Costello was looking through the “free” section of Craigslist when he stumbled upon a used set of office cubicles. For Costello, now a junior at the University of St. Thomas, those free cubicles would become first sale for his company, West Metro Solutions, which celebrated […]

Office furniture manufacturer shuts down ‘unrecoverable’ brand

ITASCA, Ill. – A producer of workplace furnishings will shut down one of its segments and manufacturing plants this year. The Illinois-based Fellowes Brands announced changes last week to its contract furniture division, formerly known as Trendway, which it acquired in 2019. Among the changes will be the closure of the Trendway production facility in Michigan later […]