April 20, 2018 / 8:36 PM / 3 months ago

BRIEF-HNI Reports Q1 GAAP EPS Of $0.06

April 20 (Reuters) - HNI Corp:

* REPORTS STRONG SALES GROWTH FOR FIRST QUARTER FISCAL YEAR 2018

* SEES Q2 NON-GAAP EARNINGS PER SHARE $0.28 TO $0.38 EXCLUDING ITEMS

* Q1 NON-GAAP EARNINGS PER SHARE $0.10

* Q1 GAAP EARNINGS PER SHARE $0.06

* Q1 SALES $505.1 MILLION VERSUS I/B/E/S VIEW $495.3 MILLION

* Q1 EARNINGS PER SHARE VIEW $0.03 — THOMSON REUTERS I/B/E/S

* SEES FY 2018 NON-GAAP EARNINGS PER SHARE $2.40 TO $2.70 EXCLUDING ITEMS

* SEES Q2 SALES UP 1 TO 4 PERCENT

* CORPORATION CONTINUES TO EXPECT FULL YEAR 2018 ORGANIC SALES TO BE UP 5 TO 8 PERCENT

* SEES Q2 ORGANIC SALES TO BE UP 4 TO 7 PERCENT COMPARED TO SAME QUARTER LAST YEAR

* FY2018 EARNINGS PER SHARE VIEW $2.54, REVENUE VIEW $2.24 BILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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