5.9.12 | East Greenville, PA | Knoll, Inc. (NYSE: KNL) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.10 per share payable June 29, 2012 to all shareholders of record on June 15, 2012.
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5.8.12 | Muscatine, IA } HNI Corporation (NYSE: HNI) announced today its Board of Directors approved a 4.3% increase to its quarterly dividend to 24 cents per share on its common stock.
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5.3.12 | Calhoun, GA | Mohawk Industries, Inc. (NYSE:MHK) today announced 2012 first quarter net earnings of $40 million and diluted earnings per share (EPS) of $0.58, a 38% increase over last year's first quarter adjusted EPS. Net sales for the first quarter of 2012 were $1.4 billion, increasing 5% as reported and 6% with a constant exchange rate. For the first quarter of 2011, net earnings were $23 million and EPS was $0.34. Excluding restructuring charges for the first quarter of 2011, adjusted net earnings were $29 million and EPS was $0.42.
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5.3.12 | Zeeland, MI | On April 16, 2012, the Board of Directors of Herman Miller, Inc., declared a quarterly cash dividend of 2.2 cents ($0.022) per share. It will be payable on July 15, 2012, to stockholders of record on June 2, 2012.
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5.1.12 | Mustatine, IA | HNI Corporation (NYSE: HNI) announces it will webcast its May 8, 2012 Annual Shareholders' Meeting, which will be held at 10:30 a.m. (Central) at the Clarion Hotel in Muscatine, IA.
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5.2.12 | St. Petersburg, FL | Raymond James & Associates, Inc. analyst Budd Bugatch noted difficult prior-year comparisons in his report on the March BIFMA statistics. “We remain confident that improving corporate demand and the cycling of initial government declines will drive better order growth in 2H12,” he said.
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5.3.12 | Jasper, IN | Kimball International, Inc. (NASDAQ: KBALB) today reported net sales of $284.4 million and net income of $2.5 million, or $0.07 per Class B diluted share, for the third quarter of fiscal year 2012 which ended March 31, 2012. Net income for the fiscal year 2012 third quarter included $0.5 million of after-tax restructuring expense, or $0.01 per Class B diluted share.
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4.27.12 | Grand Rapids, MI | Steelcase Inc. (NYSE:SCS), a global leader in the office furniture industry, today announced that it has been recognized by two organizations for its sustainability efforts -- Michigan Green Leader awards and Michigan's 101 Best & Brightest Sustainable Companies.
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4.27.12 | Grand Rapids, MI | Steelcase Inc. today announced that it has been recognized by two organizations for its sustainability efforts — Michigan Green Leader awards and Michigan's 101 Best & Brightest Sustainable Companies.
Business >>, Environment >>
4.23.12 | St. Petersburg, FL | Raymond James & Associates, Inc. analyst Budd Bugatch reaffirmed a “Strong Buy” rating on Knoll, Inc. following the company's first-quarter 2012 earnings release and conference call. He cited better-than-expected operating income, year-over-year improvement in gross margin, and “encouraging” commentary by company executives.
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4.26.12 | Atlanta, GA | Interface, Inc. (Nasdaq: IFSIA), a worldwide floorcoverings company and global leader in sustainability, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.02 per share payable May 25, 2012 to shareholders of record as of May 11, 2012.
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4.25.12 | Atlanta, GA | Interface, Inc. (Nasdaq: IFSIA), a worldwide floorcoverings company and global leader in sustainability, today announced results for the first quarter ended April 1, 2012. Sales for the first quarter of 2012 were $232.8 million, compared with sales of $245.4 million in the first quarter of 2011, a decline of 5.2%.
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4.18.12 | Washington, DC | The commercial sector continues to lead the Architecture Billings Index(ABI) which has remained in positive territory for the fifth consecutive month. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects(AIA) reported the March ABI score was 50.4, following a mark of 51.0 in February. This score reflects a slight increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 56.6, down from mark of 63.4 the previous month.
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4.23.12 | East Greenville, PA | Knoll, Inc.(NYSE: KNL) today announced results for the first quarter ended March 31, 2012. Net sales were $196.7 million for the quarter, a decrease of 11.0% from first quarter of 2011. Operating profit for the quarter was $15.5 million, a decrease of 25.8% when compared with $20.9 million in the first quarter of 2011. Net income for the first quarter of 2012 was $7.3 million, a decrease of 20.7% when compared with the first quarter of 2011. Earnings per share was $0.15 for the quarter compared to $0.20 per share in the prior year.
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4.23.12 | Chicago, IL | AGATI welcomes The Lyons Company, LLC as its Heartland sales team. The Lyons Company’s professional associates are strategically located in Kansas City, St. Louis, and Iowa, providing focused coverage in Kansas, Missouri, Iowa, and Nebraska.
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4.20.12 | St. Petersburg, FL | Raymond James & Associates, Inc. analyst Budd Bugatchcited improving demand and “unwarranted” sell-off in Thursday's trading as reasons to upgrade HNI Corp. stock from “Market Perform” to “Outperform".
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4.18.12 | Muscatine, IA | HNI Corporation (NYSE: HNI) today announced sales for the first quarter ended March 31, 2012, of $445.2 million, a 12 percent increase from the prior year quarter, and a net loss of ($0.1) million, or ($0.00) per diluted share for the quarter, a four cent improvement from the prior year quarter. Net income per diluted share on a non-GAAP basis when excluding restructuring and transition charges was $0.01.
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4.17.12 | Chicago, IL | USG Corporation (NYSE:USG), a leading building products company, today reported first quarter 2012 net sales of $812 million, up 13 percent from first quarter 2011 net sales of $721 million. USG's first quarter operating profit was $27 million compared to a $58 million operating loss in the first quarter of 2011. The first quarter 2012 net loss after-tax was $27 million or $0.26 per share. This result compares to a $105 million net loss in the first quarter of 2011 or $1.01 per share.
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4.17.12 | Jasper, IN | The Board of Directors of Kimball International, Inc. (NASDAQ: KBALB), has declared a quarterly dividend of 5 cents per share on Class B Common Stock and 4.5 cents per share on Class A Common Stock payable July 13, 2012, to Share Owners of record on June 25, 2012.
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