HNI第三季度净销售额15.9亿美元：净利9000万美元，Steelcase协同效应上调至至少1.3亿美元
总部位于爱荷华州马斯卡廷县 Muscatine 的家具与家居产品制造商 HNI Corporation（NYSE: HNI）11月3日公布截至10月3日的2026年第三季度财报：季度净销售额15.929亿美元，同比增长133%，主要来自2025年12月完成的 Steelcase 收购；净利9,000万美元，非公认会计准则（非 GAAP）净利1.187亿美元；GAAP稀释每股收益1.23美元，同比增长39.8%，非 GAAP 稀释每股收益1.62美元，同比增长47.3%。
分业务看，办公家具（Workplace Furnishings）分部净销售额14.179亿美元，其中 Steelcase 贡献8.706亿美元；该分部第三季度订单同比增长6%，传统业务净销售额有机增长近6%，GAAP营业利润率15%。住宅建筑产品（Residential Building Products，含壁炉等家居取暖产品）分部订单同比增长4%，净销售额增长约5%，利润同比增长16%，其中改造与翻新业务收入实现两位数增长，抵消了新房建造渠道的温和疲软。
公司表示，Steelcase 整合进度快于计划，协同效应预期上调：成熟期年协同效应至少1.3亿美元，原1.2亿美元目标预计在第四年末提前达到；传统办公家具制造网络优化预计2026至2028年累计节省近3,000万美元。公司维持两大分部全年低个位数有机净销售增长预期，预计2026年非 GAAP 稀释每股收益增长20%至25%，为连续第五年两位数增长。
董事长、总裁兼首席执行官 Jeff Lorenger 表示，两大分部第三季度均恢复销量增长，成本与费用管理、价格成本与生产率收益推动业绩显著超出内部预期，订单与积压等先行指标继续给出乐观理由。HNI 旗下拥有办公家具与住宅壁炉产品业务，Steelcase 于2025年第四季度并入。
（来源：HNI Corporation）
HNI Q3 Net Sales Reach $1.59 Billion: Net Income $90 Million, Steelcase Synergies Raised to at Least $130 Million
HNI Corporation (NYSE: HNI), the furniture and hearth products maker headquartered in Muscatine, in Muscatine County, Iowa, reported third-quarter 2026 results on November 3 for the quarter ended October 3: net sales of $1,592.9 million, up 133% year over year, driven mainly by the Steelcase acquisition completed in December 2025; net income of $90.0 million and non-GAAP net income of $118.7 million; GAAP diluted EPS of $1.23, up 39.8%, and non-GAAP diluted EPS of $1.62, up 47.3%.
By segment, Workplace Furnishings net sales were $1,417.9 million, including $870.6 million from Steelcase; segment orders rose 6% year over year, legacy net sales grew nearly 6% organically, and GAAP operating margin reached 15%. In Residential Building Products, which includes fireplace and hearth products, orders grew 4%, net sales rose about 5% and profit grew 16%, as double-digit growth in the remodel-retrofit business more than offset modest weakness in new construction.
The company said Steelcase integration is ahead of plan and raised its synergy outlook to at least $130 million at full maturity, with the original $120 million target now expected by the end of year four; manufacturing network optimization in the legacy workplace furnishings businesses is expected to save nearly $30 million across 2026 through 2028. HNI maintained low-single-digit organic net sales growth expectations for both segments and expects non-GAAP diluted EPS growth of 20% to 25% in 2026, a fifth straight year of double-digit growth.
Chairman, President and CEO Jeff Lorenger said volume growth returned in both segments in the third quarter, with cost management, price-cost benefits and productivity driving results well above internal expectations, and leading indicators including orders and backlog remaining encouraging. Steelcase was acquired in the fourth quarter of 2025.
(Source: HNI Corporation)
来源：HNI Corporation
发布：GSM·美国（发布链接）
图片来源：图：住宅壁炉（资料图）。Chris Trystad 摄，CC BY 2.0，经 Wikimedia Commons。 / Photo: A residential fireplace (file photo). Photo by Chris Trystad, CC BY 2.0, via Wikimedia Commons.
GSM Global · 本篇英文版 English edition of this story
