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Kimball International’s net sales down 27%

Kimball International, Inc. announced results for the quarter ended September 30, 2020. Consolidated net sales were $147.9 million, down 27% from $201.5 million in the year ago quarter.

Gross margin expanded by 50 basis points to 35.4% driven by cost … Read more

Kimball International Inc. (KBAL) Plunges 6.98% on November 30

Kimball International Inc. (KBAL) had a rough trading day for Monday November 30 as shares tumbled 6.98%, or a loss of $-0.82 per share, to close at $10.93. After opening the day at $11.78, shares of Kimball International Inc. traded … Read more

Let’s Jump into the Kimball International, Inc. (NASDAQ:KBAL) Stock Forecast

In the latest trading session, 233,989 Kimball International, Inc.(NASDAQ:KBAL) shares changed hands as the company’s beta touched 0.95. With the company’s most recent per share price at $11.75 changing hands around $0 or 0% at last look, the market … Read more

Kimball International’s Acquisition Of Poppin Inc.

Schiff Hardin LLP advised Kimball International, Inc. on the deal.

Kimball International, Inc., a leading design driven furniture manufacturer, announced its acquisition of Poppin, Inc., a tech-enabled B2B commercial furniture design company, for $110 million with potential for additional … Read more

Kimball International reports 1st quarter sales down

Kimball International, Inc. reported first-quarter sales were down 27 percent due to impacts from the pandemic.

Selected Financial Highlights:

First Quarter FY 2021

  • Net sales decreased 27% to $147.9 million
  • Gross margin expanded by 50 basis points despite lower revenue
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Kimball International to Acquire Poppin, Inc., Fast Growing Digitally Enabled Commercial Furniture Company

JASPER, Ind., Nov. 04, 2020 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) announced today that it has entered into a definitive agreement to acquire Poppin, Inc., a tech-enabled, market-leading B2B commercial furniture design company. The purchase price is $110

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Kimball International Announces Executive Changes

JASPER, Ind., Oct. 05, 2020 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today announced the following leadership changes in the Company’s Finance and Corporate Business Practices functions effective October 19, 2020.

Michelle Schroeder informed the Company of her decision … Read more

Kimball’s moves position company for changing markets, growth potential

Last week, Kimball International announced it would be reorganizing the company to address changes in the industry brought about by the pandemic.

The new organization is comprised of four market-centric business units; Workplace, Health, Hospitality, and eBusiness. According to the … Read more

Kimball International CEO To Retire

(GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ:KBAL) today announced that Bob Schneider has informed the Board of Directors of his plans to retire on October 31, 2018, after four years as CEO.  At that time, Mr. Schneider intends to step … Read more

Kimball International, Inc. Reports Third Quarter Fiscal Year 2018 Results

JASPER, Ind., May 01, 2018 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ:KBAL) today announced the following results for the quarter ended March 31, 2018:

  • Revenue was $157.9 million, a 3% increase over the prior year, inclusive of the recent D’style
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