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HNI HNI Restructuring, Impairment, and Loss on Divestiture:

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Segments

By segment

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Workplace furnishings$18M+181%

Other financials

Income statement

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Revenue$1.3B+125%
Gross profit$499.9M+110%
Operating income-$36.4M-249%
Net income-$38.8M-379%
EPS (diluted)-$0.55-290%

Balance sheet

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Cash & equivalents$80.3M+281%
Total debt$1.7B+213%
Total equity$1.8B+121%
Total assets$4.8B+157%

Cash flow

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Operating cash flow-$171.8M-1,463%
CapEx$35.7M+119%
Free cash flow-$207.5M-5,508%

Valuation

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Market cap$3.54B+78.7%
Enterprise value$5.18B+104%
P/E54.8×-23.7×
P/S+0.2×

Profitability

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Gross margin40.1%-0.8pp
Operating margin8.2%+1.0pp
Net margin5.5%+0.6pp
FCF margin0.1%-7.2pp

Returns & leverage

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Return on equity16.8%+1.2pp
Debt / equity+0.3×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by HNI in its filing.

Tagged under the XBRL concept hni:RestructuringImpairmentAndLossOnDivestiture.

The source filing: HNI’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 5:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000048287-26-000100
Line itemThree Months Ended / April 4,2026March 29,2025
Total$3.5
Restructuring, Impairment, and Loss on Divestiture:
Workplace furnishings$18.0$6.4
Total$18.0$6.4
Operating Income (Loss):
Workplace furnishings$(42.6)$18.0
Residential building products28.525.0
General corporate(22.3)(18.6)

Item 1. Financial Statements

FAQ

What is HNI's restructuring, impairment, and loss on divestiture:?
HNI (HNI) reported restructuring, impairment, and loss on divestiture: of $18M in Q1 2026.
How has HNI's restructuring, impairment, and loss on divestiture: changed year-over-year?
HNI's restructuring, impairment, and loss on divestiture: increased by 181.3% year-over-year, from $6.4M to $18M.
What is the long-term trend for HNI's restructuring, impairment, and loss on divestiture:?
Over 2 years (2023 to 2025), HNI's restructuring, impairment, and loss on divestiture: has grown at a -35.7% compound annual growth rate (CAGR), from $44.8M to $18.5M.
What does restructuring, impairment, and loss on divestiture: mean?
Captures non-recurring charges related to organizational restructuring, asset write-downs, and losses from the sale of business units. It provides insight into the company's efforts to streamline operations, exit underperforming segments, or adjust to changing market conditions.

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