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HNI's (HNI) CEO Jeff Lorenger on Q1 2021 Results - Earnings Call Transcript

May 01, 2021 5:54 PM ETHNI Corporation (HNI)
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HNI Corporation (NYSE:HNI) Q1 2021 Earnings Conference Call April 29, 2021 11:00 AM ET

Company Participants

Matt McCall – Vice President, Investor Relations and Corporate Development

Jeff Lorenger – Chairman, President and Chief Executive Officer

Marshall Bridges – Senior Vice President and Chief Financial Officer

Conference Call Participants

Greg Burns – Sidoti and Company

Reuben Garner – The Benchmark Company

Kathryn Thompson – Thompson Research Group


Good day and thank you for standing by. Welcome to the HNI Corporation First Quarter Fiscal 2021 Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speakers today, Matt McCall. Please go ahead.

Matt McCall

Thank you. Good morning. My name is Matt McCall. I'm Vice President, Investor Relations and Corporate Development for HNI Corporation. Thank you for joining us to discuss our first quarter fiscal 2021 results.

With me today are Jeff Lorenger, Chairman, President and CEO; and Marshall Bridges, Senior Vice President and CFO. Copies of our financial news release, earnings presentation and non-GAAP reconciliations are posted on our website.

Statements made during this call that are not strictly historical facts are forward-looking statements, which are subject to known and unknown risk. Actual results could differ materially. The earnings presentation posted on our website includes additional factors that could affect actual results. The corporation assumes no obligation to update any forward-looking statements made during this call.

I'm now pleased to turn the call over to Jeff Lorenger. Jeff?

Jeff Lorenger

Good morning and thank you for joining us. This quarter, our members again demonstrated much of what is unique about HNI. We delivered substantial profit improvement, showing the

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