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HNI Corporation Third Quarter Fiscal 2009 Results Conference Call

Wed. October 07, 2009; Posted: 02:10 PM
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MUSCATINE, Iowa, Oct 07, 2009 (BUSINESS WIRE) -- HNI | Quote | Chart | News | PowerRating -- HNI Corporation (NYSE: HNI | Quote | Chart | News | PowerRating) will host its quarterly conference call for investors to discuss third quarter fiscal 2009 results on:

Thursday, October 22, 2009 11:00 a.m. Eastern 10:00 a.m. Central 8:00 a.m. Pacific

To participate in the call, please dial: 1-800-230-1951 (Toll-free)

Assistance is available throughout the teleconference meeting. Press *0 to request an AT&T Specialist.

A live webcast of the call will be available on HNI Corporation's website at http://www.hnicorp.com (under Investor Information -- Webcasts). A replay of the call will be available from Thursday, October 22, 2009, 12:00 p.m. (Central) through Thursday, October 29, 2009, 11:59 p.m. (Central). To access, please dial 1-800-475-6701 - Access Code: 117729.

If you have any questions, please contact Marshall H. Bridges, Treasurer and Vice President, Corporate Finance, at 563-272-4844; or Kurt A. Tjaden, Vice President and Chief Financial Officer, at 563-272-7400; or by fax at 563-272-7655.

HNI Corporation is a NYSE traded company (ticker symbol: HNI | Quote | Chart | News | PowerRating) providing products and solutions for the home and workplace environments. HNI Corporation is the second largest office furniture manufacturer in the world and is also the nation's leading manufacturer and marketer of gas- and wood-burning fireplaces. The Corporation's strong brands, including HON(R), Allsteel(R), Gunlocke(R), Paoli(R), Maxon(R), Lamex(R), HBF(R), Heatilator(R), Heat & Glo(TM), Quadra-Fire(R), and Harman Stove(TM) have leading positions in their markets. HNI Corporation is committed to maintaining its long-standing corporate values of integrity, financial soundness and a culture of service and responsiveness. More information can be found on the Corporation's website at www.hnicorp.com.

Statements in this release that are not strictly historical, including statements as to plans, outlook, objectives, and future financial performance, are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "could," "confident," "estimate," "expect," "forecast," "hope," "intend," "likely," "may," "plan," "possible," "potential," "predict," "project," "should," "will," "would," and variations of such words and similar expressions identify forward-looking statements. Forward-looking statements involve known and unknown risks, which may cause the Corporation's actual results in the future to differ materially from expected results. These risks include, without limitation: the Corporation's ability to realize financial benefits from its (a) price increases, (b) cost containment and business simplification initiatives for the entire Corporation, (c) investments in strategic acquisitions, new products and brand building, (d) investments in distribution and rapid continuous improvement, (e) ability to maintain its effective tax rate, and (f) consolidation and logistical realignment initiatives; uncertainty related to the availability of cash and credit, and the terms and interest rates on which credit would be available, to fund operations and future growth; lower than expected demand for the Corporation's products due to uncertain political and economic conditions, including the recent credit crisis, slow or negative growth rates in global and domestic economies and the protracted decline in the domestic housing market; lower industry growth than expected; major disruptions at our key facilities or in the supply of any key raw materials, components or finished goods; uncertainty related to disruptions of business by terrorism, military action, epidemic, acts of God or other Force Majeure events; competitive pricing pressure from foreign and domestic competitors; higher than expected costs and lower than expected supplies of materials (including steel and petroleum based materials); higher than expected costs for energy and fuel; changes in the mix of products sold and of customers purchasing; our relationships with our distribution channel partners, including the financial viability of distributors and dealers; restrictions imposed by the terms of the Corporation's revolving credit facility, term loan credit agreement and note purchase agreement; currency fluctuations and other factors described in the Corporation's annual and quarterly reports filed with the Securities and Exchange Commission on Forms 10-K and 10-Q. The Corporation undertakes no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

SOURCE: HNI Corporation

HNI Corporation 
Marshall H. Bridges, 563-272-4844 
Treasurer and Vice President, Corporate Finance 
or 
Kurt A. Tjaden, 563-272-7400 
Vice President and Chief Financial Officer
For full details on Hni Corp (HNI) click here. Hni Corp (HNI) has Short Term PowerRatings of 4. Details on Hni Corp (HNI) Short Term PowerRatings is available at This Link.

    


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