HNI Monday announced sales for the first quarter ended March 30, 2019 of $479.5 million and net income of $1.0 million. GAAP net income per diluted share was $0.02 compared to $0.06 in the prior year. Non-GAAP net income per…
USA January Furniture Survey Improves Again
The commercial furniture industry “remains very strong,” according to Michael Dunlap after analyzing the results of the Michael A. Dunlap & Associates January 2019 Quarterly MADA/OFI Trends survey. The owner and CEO of the consulting firm that focuses on the furniture…
Sunon : A Company that exemplifies the meteoric rise of the Chinese Office Furniture Market
Note: You get this article for free from Rob Kirkbride - Bellow Press - Subscribe for Bellow Press to read articles like this every week On the first floor of the Sunon Central Mansion, the 37-floor gleaming headquarters for one…
Herman Miller Posts Record Net Sales
Brian Walker, Chief Executive Officer, stated, “Strong net sales and order growth were a clear highlight of our results this quarter as we finished the fiscal year setting all-time records for quarterly and annual sales for our company” Herman Miller…
Trump Talks Tariffs, Industry Fears Costs
It is too early to tell exactly what the effects of President Donald Trump’s proposed tariffs on steel and aluminum will have on the office furniture industry as exactly who and what will face tariffs remains fluid. But it certainly…
Bean Counter or Guru: How will Walker be Remembered at Herman Miller?
Bean counter numbers guy or guru who took Herman Miller’s storied past and pointed it toward a bright future? Or maybe something completely different? It’s hard to tell how history will look at Herman Miller under the leadership of Brian…