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HNI Corporation Provides Update on Q2 Order Trends, Announces Participation in Virtual Investor Events

Monday, 01 June, 2020

HNI Corporation (NYSE: HNI) today provided updates on its response to the ongoing COVID-19 pandemic crisis, recent order trends, and debt level. The Corporation also announced its participation in multiple upcoming virtual investor events and introduced a new investor presentation.

Pandemic Response Update
“Our teams remain focused on protecting the health of our members while effectively managing the business in these challenging conditions. We have been able to remain open at our major facilities and meet customer needs. I would like to recognize our dedicated members, who embody the HNI spirit in these most challenging circumstances, and who have remained committed to each other, our communities, and our customers.

 

 

HNI Suspends 2020 Outlook

Monday, 6 April, 2020

(RTTNews) – HNI Corp. (HNI) said it has suspended its fiscal 2020 sales and earnings forecast due to the uncertainty caused by the coronavirus pandemic.

At the end of the first quarter 2020, the company had $233 million in total debt.