HNI Corporation Announces Q3 Results and Accelerates Steelcase Integration
HNI HNI Corp
$49.75 +5.27%
View chart & analysis → - 1HNI Corporation reported Q3 Non-GAAP EPS of $1.62.
- 2HNI Corporation's Q3 Non-GAAP operating margin excluding Steelcase reached 16.2%.
- 3Total synergies from the Steelcase integration are expected to reach at least $130 million once fully realized.
So what's the key point?
HNI Corporation earned $1.62 in profit during the third quarter. The benefits from merging with Steelcase are expected to reach $130 million.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.