MUSCATINE, IA – HNI Corp. announced fourth quarter sales of $682.2 million, as well as income from continuing operations of $36.5 million, for the quarter that ended Dec. 30, 2006. The company reported sales of $2.7 billion and income from continuing operations of $29.7 million for year-end fiscal 2006.
“For the year and for the quarter, we reported sales and profitability in our office furniture business,” said Stan Askren, HNI Corp. chairman, president and CEO. “During the same period, our hearth business experienced strong results in the first half of fiscal 2006, followed by a dramatic decline in the second half as a result of the largest annual decline in the housing market since the 1991 recession.”
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