Q2 2026 HNI Corp Earnings Call Transcript

Jul 30, 2026 / 03:00 PM GMT

Release Date Price: €38 (+2.15%)

Transcript 10-Q8-K

Key Points

Positve

Non-GAAP EPS of $1.27 was up 14% year over year, in line with expectations.
Workplace furnishings organic orders increased 5% in Q2, with order growth accelerating in the most recent 5-week period.
Steelcase acquisition synergies are on track and now expected to reach at least $120 million when fully mature.
Residential building products segment operating margin expanded 470 basis points year over year to 20.4%.
Company projects double-digit EPS growth in 2027, driven by synergies and cost management, without relying on volume improvement.

Negative

Residential building products revenue decreased 1.6% year over year due to weakness in new construction.
Organic volume in the quarter was negatively impacted by geopolitical pressures, especially in workplace furnishings.
Residential building products volumes are expected to be low single-digits negative in the second half of 2026.
Ongoing housing market softness, elevated interest rates, and affordability concerns persist, pressuring new construction.
Net tariff benefits are expected to be only about 40 basis points for the full year, down from 150 basis points in Q2.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HNI.N - HNI Corp
Q2 2026 HNI Corp Earnings Call
Jul 30, 2026 / 03:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day and thank you for standing by.

Welcome to the HNI Corporation second quarter fiscal year 2026 results conference call at this time, all participants are in a listen-only mode after the speak session, to ask a question during the session, you will need to press star 11 on your telephone, you will then hear an automated message advising your hand is raised to withdraw your question, please press star 11 again, please be advised that today's conference.

Being recorded, I would now like to hand the conference over to your first speaker today, Matt McCall, please go ahead.

Good morning.

My name is Matt McCall.

I'm Vice President of Investor Relations and corporate Development for H&I Corporation.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.