HNI Corporation

Davenport, United States Founded: 1944 • Age: 82 yrs
Offline retail of office furniture and hearth products is operated.
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About HNI Corporation

HNI Corporation is a company based in Davenport (United States) founded in 1944.. The company has 7,700 employees as of December 31, 2024. HNI Corporation has completed 6 acquisitions, including Design Public Group, Hearth & Home Technologies and Kimball International. HNI Corporation operates in a competitive market with competitors including Steelcase, Poppin, ATD-Capitol, MillerKnoll and Branch, among others.

  • Headquarter Davenport, United States
  • Employees 7700 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hni Corporation
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
    $2.53 B
    3.8
    as on Dec 31, 2024
  • Net Profit
    $139.5 M
    183.54
    as on Dec 31, 2024
  • EBITDA
    $324.6 M
    19.29
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    7700

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of HNI Corporation

HNI Corporation is a publicly listed company on the NYSE with ticker symbol HNI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: HNI . Sector: Producer manufacturing · USA
People of HNI Corporation
Headcount 5000-10000
Employee Profiles 212
Board Members and Advisors 1
Employee Profiles
People
Phil Connelly
Category Manager
People
Chris Yuska
Director Of Product Development
People
Pablo García de Alba Ríos
Supply Chain Manager - Mexico
People
Harshad Joshi
Assistant Manager I Strategic Procurement

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Funding Insights of HNI Corporation

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by HNI Corporation

HNI Corporation has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Design Public Group, Hearth & Home Technologies and Kimball International. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
An online marketplace is operated for procuring interior items.
2015
Home and office furniture is manufactured and branded.
2001
Brand offering home appliances
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HNI Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hni Corporation Comparisons

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Competitors of HNI Corporation

HNI Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Steelcase, Poppin, ATD-Capitol, MillerKnoll and Branch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Internet first brand of office furniture
domain founded_year HQ Location
Private label office supplies are sold online by Poppin.
domain founded_year HQ Location
Office furniture products are sold by ATD-Capitol through its website.
domain founded_year HQ Location
Innovative furniture and home furnishings are designed by MillerKnoll brands.
domain founded_year HQ Location
Multi-category furniture is offered for home offices and companies.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hni Corporation

Frequently Asked Questions about HNI Corporation

When was HNI Corporation founded?

HNI Corporation was founded in 1944.

Where is HNI Corporation located?

HNI Corporation is headquartered in Davenport, United States. It is registered at Davenport, Iowa, United States.

Who is the current CEO of HNI Corporation?

Stan Askren is the current CEO of HNI Corporation.

How many employees does HNI Corporation have?

As of Dec 31, 2024, the latest employee count at HNI Corporation is 7,700.

What is the annual revenue of HNI Corporation?

Annual revenue of HNI Corporation is $2.53B as on Dec 31, 2024.

What does HNI Corporation do?

HNI Corporation is an offline retail chain of office furniture. The product catalog includes office furniture hearth products which include gas, electric, wood, and biomass burning fireplaces, inserts, stoves, facings, and accessories. A few of the brands associated with the company are Harman, Majestic, Allsteel, Gunlocke, HBF Textiles, and more.

Who are the top competitors of HNI Corporation?

HNI Corporation's top competitors include Steelcase, MillerKnoll and Poppin.

Is HNI Corporation publicly traded?

Yes, HNI Corporation is publicly traded on NYSE under the ticker symbol HNI.

How many acquisitions has HNI Corporation made?

HNI Corporation has made 6 acquisitions, including Design Public Group, Hearth & Home Technologies, and Kimball International.

What is HNI Corporation's ticker symbol?

The ticker symbol of HNI Corporation is HNI on NYSE.

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