Thanks to Kimball acquisition, HNI sees major sales gains in fourth quarter
MUSCATINE, Iowa – Office and contract furniture giant HNI reported $679.8 million in fourth quarter consolidated net sales, a gain of 19% from last year, largely thanks to its acquisition of Kimball last year. Not counting the acquisition, organic sales fell 6.4%. Earnings per share rose 23% from last year, while operating margin expanded 410 basis […]