MUSCATINE, IA — HNI Corp. announced sales of $458.9 million and income from continuing operations of $15.6 million for the third quarter ended Oct. 2, 2010.
"Double-digit growth in the office furniture contract and international business drove a 3 percent increase in sales over third quarter 2009,” said Stan Askren, HNI chairman, president and CEO. “We are encouraged by the success of our investments in selling, marketing and new product initiatives. Our hearth business was profitable for the quarter and is on track to be profitable for the year, despite challenging consumer demand. While weak small business confidence during the quarter impacted the supplies driven channel, I am confident our investments have positioned this business for future growth."
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