HNI Corp. reports growth in sales, net income
Thursday, April 17, 2014 2:46 PM
Muscatine-based HNI Corp. today announced a net income of $11.1 million, or 24 cents per share, in the quarter ended March 29.
That is up from $1.4 million, or 3 cents per share, for the first quarter a year ago.
Net sales for the company, which manufactures office furniture, were up 2.2 percent, as the company reported $452.2 million in sales for the quarter compared with $442.3 million a year ago.