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23.10.26 - 00:24
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Jio IPO subscribed over 5x as institutions bid big (Times of India)
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At the close of Day 2, the total demand for Jio shares was worth about Rs 3.7 lakh crore, including the anchor portion. On Thursday, the institutional (QIB) part of the IPO, in which a little over 4.9 crore shares were offered, was subscribed nearly 13.3 times, while the HNI portion, in which about 3.6 crore shares were reserved, was subscribed six times....
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16.09.26 - 19:00
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HNI (HNI) Could Be a Great Choice (Zacks)
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does HNI (HNI) have what it takes? Let's find out....
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30.07.26 - 13:36
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HNI Corporation Reports Second Quarter 2026 Results (Business Wire)
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Order Acceleration, Cost Actions, Net Tariff Impacts Support Improved 2026 Outlook
GAAP diluted EPS for Q2 was $0.70 (-31% YoY). On a non-GAAP basis, diluted EPS was $1.27 (+14% YoY).
Profit performance versus the prior year was driven by the Steelcase acquisition, net tariff impact, and operational productivity improvement.
Revenue and non-GAAP diluted EPS (excluding net tariff impacts) for the second quarter of 2026 were in line with HNI's expectations.
Accelerating demand trends — Workplace Furnishings Q2 orders and quarter-ending backlog each grew five percent year-over-year.
Low-single digit organic net sales growth expectations remain for both segments in 2026.
Non-GAAP EPS growth of 20-25 percent, including net tariff impacts, now expected in 2026 — the fifth straight year of double-digit non-GAAP EPS growth.
Multiple years of elevated EPS growth visibility remain from sales growth, strategic initiatives, cost actions, and network optimization, plus at least $120 million of synergies expected ...
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