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HNI Corporation 600 East Second Street , Muscatine , lowa 52761 , Tel 563 272 7400 , Fax 563 272 7347 , www.hnicorp.com HNI News Release For Information Contact : Marshall H. Bridges , Senior Vice President and Chief Financial Officer ( 563 ) 272-7400 Matthew S. McCall , Vice President , Investor Relations and Corporate Development ( 563 ) 275-8898 HNI CORPORATION REPORTS EARNINGS FOR SECOND QUARTER FISCAL YEAR 2021 MUSCATINE , Iowa ( July 29 , 2021 ) - HNI Corporation ( NYSE : HNI ) today announced sales for the second quarter ended July 3 , 2021 of $ 510.5 million and net income of $ 17.4 million . GAAP net income per diluted share was $ 0.39 , compared to $ 0.29 in the prior year . Non - GAAP net income per diluted share was $ 0.40 , compared to $ 0.20 in the prior year . GAAP to non - GAAP reconciliations follow the financial statements in this release . Second Quarter Highlights Non - GAAP EPS doubled vs. prior year : Second quarter 2021 non EPS increased 100 percent year - over - year despite a challenging inflationary environment and the return of costs related to temporary actions taken in the prior - year quarter . The profit growth was driven by increased volume and higher productivity . Exceptional performance in Residential Building Products : Second quarter 2021 revenue grew 51 percent , organically , on a year - over - year basis , and operating margin expanded 530 basis points from prior - year quarter . Segment operating profit more than doubled versus second quarter 2020 levels . Recovery in Workplace Furnishings : Second quarter 2021 revenue was up approximately nine percent from the second quarter of 2020 , on an organic basis . Segment non - GAAP operating profit increased more than 20 percent year - over - year . " Our members again executed at a high level during the second quarter - delivering substantial year - over - year profit improvement . Our industry leading Residential Building Products platform continues to drive exceptional growth , and we are capitalizing on the beginnings of the post - pandemic recovery in Workplace Furnishings . Our strong growth and the macro - economic environment presented new challenges related to labor availability , supply chain capacity , and inflation . Our teams managed through those challenges to deliver strong results . Overall , the second quarter shows the power of our diversified revenue streams , our ability to react quickly to 1