Allsteel Launches Flourish Collaborative Chair for Modern Workspaces
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2026
0mins
Source: Newsfilter
- Product Innovation: Allsteel has launched the Flourish collaborative chair, which combines sculptural form with comfort to meet the demands for flexibility and individuality in modern office environments, likely enhancing the company's competitiveness in the office furniture market.
- Design Philosophy: Designed by award-winning designer Chris Adamick, the Flourish chair emphasizes human-centered design and comfort, adaptable to various office settings, enhancing user experience and promoting team collaboration, reflecting the evolving culture of work.
- Diverse Options: The chair offers four base options, including a 5-star swivel base with casters and 4-star metal and wood bases, supporting various usage scenarios while helping organizations maintain a cohesive design language across different spaces, enhancing brand identity.
- Market Launch: Flourish will officially launch in June at Fulton Market Design Days, marking Allsteel's continued investment in design, performance, and individual expression, aimed at meeting the needs of increasingly dynamic and human-centered workplaces.
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Analyst Views on HNI
Wall Street analysts forecast HNI stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 31.760
Low
60.00
Averages
60.00
High
60.00
Current: 31.760
Low
60.00
Averages
60.00
High
60.00
About HNI
HNI Corporation is a manufacturer of workplace furnishings and residential building products. The Company operates through two segments: Workplace Furnishings and Residential Building Products. Its Workplace Furnishings segment is a designer and provider of commercial furnishings. Workplace furnishings include furniture systems, seating, storage, tables, architectural products, ancillary products, and hospitality products. Its Residential Building Products segment is a manufacturer and marketer of hearth products, which include a full array of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. These products are sold through a national system of independent dealers and distributors, as well as corporation-owned installed distribution and retail outlets. Its brands include Allsteel, AMQ, Beyond, Coalesse, D'style, David Edward, Designtex, Etc., Gunlocke, HALCON, HBF, HBF Textiles, Interwoven, Kimball, Kimball Hospitality, National, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Allsteel Launches Flourish Collaborative Chair for Modern Workspaces
- Product Innovation: Allsteel has launched the Flourish collaborative chair, which combines sculptural form with comfort to meet the demands for flexibility and individuality in modern office environments, likely enhancing the company's competitiveness in the office furniture market.
- Design Philosophy: Designed by award-winning designer Chris Adamick, the Flourish chair emphasizes human-centered design and comfort, adaptable to various office settings, enhancing user experience and promoting team collaboration, reflecting the evolving culture of work.
- Diverse Options: The chair offers four base options, including a 5-star swivel base with casters and 4-star metal and wood bases, supporting various usage scenarios while helping organizations maintain a cohesive design language across different spaces, enhancing brand identity.
- Market Launch: Flourish will officially launch in June at Fulton Market Design Days, marking Allsteel's continued investment in design, performance, and individual expression, aimed at meeting the needs of increasingly dynamic and human-centered workplaces.
See More
HNI Corporation Increases Quarterly Dividend by 2.9%
- Dividend Increase: HNI Corporation has declared a quarterly dividend of $0.35 per share, marking a 2.9% increase from the previous $0.34, indicating the company's ongoing improvement in cash flow and profitability.
- Yield Performance: The forward yield of 4.64% not only attracts investor interest but also reflects the company's confidence in its future financial health, potentially enhancing demand for its stock in the market.
- Payment Schedule: The dividend will be payable on June 10, with a record date of May 29 and an ex-dividend date also on May 29, ensuring shareholders receive timely returns and reinforcing investor trust.
- Future Outlook: HNI projects mid-teens percentage growth in non-GAAP EPS for 2026 while targeting a leverage ratio of 1-1.5x within two years, indicating a proactive strategy in expanding its business and enhancing shareholder returns.
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Wall Street's Bullish Outlook on Stocks
- Challenges for Tapestry: Tapestry (TPR) has shown underwhelming constant currency revenue performance over the past two years, indicating that its products do not resonate with consumers at current prices, resulting in an operating margin of 14.4% that falls short of the industry average, thereby limiting its ability to respond to market changes.
- Financial Strain on HNI: HNI's annual earnings per share growth of 9.3% lags behind revenue growth, and its free cash flow margin of only 3.6% over the past five years restricts its ability to invest in growth and execute share buybacks, revealing a concerning 6x net debt-to-EBITDA ratio that increases the risk of shareholder dilution.
- Growth Potential of Axon: Axon (AXON) has achieved an average annual recurring revenue growth of 37.6% over the past two years, with operating profits improving due to leverage on fixed costs, leading to a compounded annual earnings per share growth rate of 26.6%, and at a current share price of $388.28, it trades at a forward P/E of 45.1, indicating strong investment potential.
- Common Traits of Market Winners: Our analysis shows that successful stocks often share the characteristic of rapidly growing revenues, as evidenced by companies like Meta, CrowdStrike, and Broadcom, which have all returned over 300%, suggesting investors should focus on these high-growth potential stocks.
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HNI Corporation Declares Quarterly Dividend of 35 Cents
- Quarterly Dividend Declaration: HNI Corporation's Board of Directors has declared a quarterly dividend of 35 cents per share, payable on June 10, 2026, to shareholders of record as of May 29, 2026, reflecting the company's commitment to shareholder returns.
- Company Background: With over 80 years of experience, HNI Corporation focuses on enhancing the environments where people live, work, and gather, operating in two primary segments: workplace furnishings and residential building products, showcasing its solid position in the industry.
- Workplace Furnishings: As a leading global designer and provider of commercial furnishings, HNI markets through multiple unique brands, further solidifying its market share in the commercial furniture sector.
- Residential Building Products: HNI is the nation's leading manufacturer and marketer of hearth products, offering a full range of gas, electric, wood, and pellet-burning fireplaces and accessories, catering to the growing market demand.
See More
HNI Corporation Expected to Announce Dividend Increase
- Dividend Growth Expectation: HNI Corporation is likely to announce a dividend increase in June, with analysts predicting an annual dividend of $1.49 per share, translating to a quarterly dividend of nearly $0.37, which represents a 9.6% increase from the previous payout of $0.34, thereby reinforcing its 15-year streak of consecutive dividend growth.
- Stable Dividend Yield: The company last declared a dividend of $0.34 per share in March 2026, yielding 4.55%, and raised its dividend by nearly 3.0% from $0.33 last June, demonstrating a strong commitment to shareholder returns.
- Financial Performance and Growth Potential: HNI has achieved a 5-year dividend growth rate of approximately 2.20% while maintaining an annual payout ratio of 1.36%, indicating solid performance in cash flow and shareholder returns, despite a growth rating of C-, its dividend consistency rating of A reflects reliability in dividend payments.
- Future Earnings Outlook: HNI is set to report its Q2 2026 financial results on July 23, 2026, during market hours, projecting mid-teens percentage non-GAAP EPS growth while targeting a leverage ratio of 1-1.5x within two years, showcasing confidence in future growth.
See More
HNI Corporation Releases 2025 Corporate Responsibility Progress Report
- Community Engagement: HNI supported key community initiatives, including the expansion of the University of Iowa Tippie College of Business and the Indiana University Health Foundation, demonstrating its commitment to community development and enhancing its brand image and social responsibility.
- Emission Reduction Achievements: HNI achieved a 78% reduction in Scope 1 and 2 emissions compared to a 2018 baseline, driven by renewable electricity procurement and operational efficiency improvements, surpassing the company's near-term reduction targets and solidifying its leadership in sustainability.
- Product Innovation: The launch of the Evo carbon-neutral task chair, supported by lifecycle assessment and carbon offsetting, alongside the Heat-N-Glo SupremeX-I30, which uses 14% less energy than similar models, not only meets customer demand for eco-friendly products but also enhances market competitiveness.
- Packaging Material Optimization: HNI eliminated expanded polystyrene across all manufactured products and increased the use of recycled materials, reflecting the company's ongoing efforts in material transparency and sustainability, further advancing industry environmental standards.
See More
Allsteel Launches Flourish Collaborative Chair for Modern Workspaces
- Product Innovation: Allsteel has launched the Flourish collaborative chair, which combines sculptural form with comfort to meet the demands for flexibility and individuality in modern office environments, likely enhancing the company's competitiveness in the office furniture market.
- Design Philosophy: Designed by award-winning designer Chris Adamick, the Flourish chair emphasizes human-centered design and comfort, adaptable to various office settings, enhancing user experience and promoting team collaboration, reflecting the evolving culture of work.
- Diverse Options: The chair offers four base options, including a 5-star swivel base with casters and 4-star metal and wood bases, supporting various usage scenarios while helping organizations maintain a cohesive design language across different spaces, enhancing brand identity.
- Market Launch: Flourish will officially launch in June at Fulton Market Design Days, marking Allsteel's continued investment in design, performance, and individual expression, aimed at meeting the needs of increasingly dynamic and human-centered workplaces.
See More
HNI Corporation Increases Quarterly Dividend by 2.9%
- Dividend Increase: HNI Corporation has declared a quarterly dividend of $0.35 per share, marking a 2.9% increase from the previous $0.34, indicating the company's ongoing improvement in cash flow and profitability.
- Yield Performance: The forward yield of 4.64% not only attracts investor interest but also reflects the company's confidence in its future financial health, potentially enhancing demand for its stock in the market.
- Payment Schedule: The dividend will be payable on June 10, with a record date of May 29 and an ex-dividend date also on May 29, ensuring shareholders receive timely returns and reinforcing investor trust.
- Future Outlook: HNI projects mid-teens percentage growth in non-GAAP EPS for 2026 while targeting a leverage ratio of 1-1.5x within two years, indicating a proactive strategy in expanding its business and enhancing shareholder returns.
See More
Wall Street's Bullish Outlook on Stocks
- Challenges for Tapestry: Tapestry (TPR) has shown underwhelming constant currency revenue performance over the past two years, indicating that its products do not resonate with consumers at current prices, resulting in an operating margin of 14.4% that falls short of the industry average, thereby limiting its ability to respond to market changes.
- Financial Strain on HNI: HNI's annual earnings per share growth of 9.3% lags behind revenue growth, and its free cash flow margin of only 3.6% over the past five years restricts its ability to invest in growth and execute share buybacks, revealing a concerning 6x net debt-to-EBITDA ratio that increases the risk of shareholder dilution.
- Growth Potential of Axon: Axon (AXON) has achieved an average annual recurring revenue growth of 37.6% over the past two years, with operating profits improving due to leverage on fixed costs, leading to a compounded annual earnings per share growth rate of 26.6%, and at a current share price of $388.28, it trades at a forward P/E of 45.1, indicating strong investment potential.
- Common Traits of Market Winners: Our analysis shows that successful stocks often share the characteristic of rapidly growing revenues, as evidenced by companies like Meta, CrowdStrike, and Broadcom, which have all returned over 300%, suggesting investors should focus on these high-growth potential stocks.
See More
HNI Corporation Declares Quarterly Dividend of 35 Cents
- Quarterly Dividend Declaration: HNI Corporation's Board of Directors has declared a quarterly dividend of 35 cents per share, payable on June 10, 2026, to shareholders of record as of May 29, 2026, reflecting the company's commitment to shareholder returns.
- Company Background: With over 80 years of experience, HNI Corporation focuses on enhancing the environments where people live, work, and gather, operating in two primary segments: workplace furnishings and residential building products, showcasing its solid position in the industry.
- Workplace Furnishings: As a leading global designer and provider of commercial furnishings, HNI markets through multiple unique brands, further solidifying its market share in the commercial furniture sector.
- Residential Building Products: HNI is the nation's leading manufacturer and marketer of hearth products, offering a full range of gas, electric, wood, and pellet-burning fireplaces and accessories, catering to the growing market demand.
See More
HNI Corporation Expected to Announce Dividend Increase
- Dividend Growth Expectation: HNI Corporation is likely to announce a dividend increase in June, with analysts predicting an annual dividend of $1.49 per share, translating to a quarterly dividend of nearly $0.37, which represents a 9.6% increase from the previous payout of $0.34, thereby reinforcing its 15-year streak of consecutive dividend growth.
- Stable Dividend Yield: The company last declared a dividend of $0.34 per share in March 2026, yielding 4.55%, and raised its dividend by nearly 3.0% from $0.33 last June, demonstrating a strong commitment to shareholder returns.
- Financial Performance and Growth Potential: HNI has achieved a 5-year dividend growth rate of approximately 2.20% while maintaining an annual payout ratio of 1.36%, indicating solid performance in cash flow and shareholder returns, despite a growth rating of C-, its dividend consistency rating of A reflects reliability in dividend payments.
- Future Earnings Outlook: HNI is set to report its Q2 2026 financial results on July 23, 2026, during market hours, projecting mid-teens percentage non-GAAP EPS growth while targeting a leverage ratio of 1-1.5x within two years, showcasing confidence in future growth.
See More
HNI Corporation Releases 2025 Corporate Responsibility Progress Report
- Community Engagement: HNI supported key community initiatives, including the expansion of the University of Iowa Tippie College of Business and the Indiana University Health Foundation, demonstrating its commitment to community development and enhancing its brand image and social responsibility.
- Emission Reduction Achievements: HNI achieved a 78% reduction in Scope 1 and 2 emissions compared to a 2018 baseline, driven by renewable electricity procurement and operational efficiency improvements, surpassing the company's near-term reduction targets and solidifying its leadership in sustainability.
- Product Innovation: The launch of the Evo carbon-neutral task chair, supported by lifecycle assessment and carbon offsetting, alongside the Heat-N-Glo SupremeX-I30, which uses 14% less energy than similar models, not only meets customer demand for eco-friendly products but also enhances market competitiveness.
- Packaging Material Optimization: HNI eliminated expanded polystyrene across all manufactured products and increased the use of recycled materials, reflecting the company's ongoing efforts in material transparency and sustainability, further advancing industry environmental standards.
See More
