{"id":3823,"date":"2014-04-20T12:51:58","date_gmt":"2014-04-20T07:21:58","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2014\/04\/20\/furniture-fireplace-maker-hni-corp-profits-down-27-percent\/"},"modified":"2014-04-20T12:51:58","modified_gmt":"2014-04-20T07:21:58","slug":"furniture-fireplace-maker-hni-corp-profits-down-27-percent","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/furniture-fireplace-maker-hni-corp-profits-down-27-percent\/","title":{"rendered":"Furniture, fireplace maker HNI Corp. profits down 27 percent"},"content":{"rendered":"<p>DES MOINES, Iowa Quarterly earnings are down for Muscatine-based H-N-I Corporation.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\nThe company, which makes office furniture and fireplaces, says profits fell 27 percent on lower-than expected orders for furniture and lower demand for fireplaces because of the soft housing market.<\/p>\n<p>Profits for its first quarter were 20-point-seven (m) million dollars, or 43 cents a share. That compares to 28-point-five (m) million, or 55 cents a share, a year ago.<\/p>\n<p>H-N-I reported sales of 609 (m) million dollars, down five-point-six percent from last year.<\/p>\n<p>Wall Street analysts predicted a profit of 45 cents a share on sales of almost 643 (m) million dollars.<\/p>\n<p>H-N-I&#8217;s divisions include The Hon Company, Allsteel, The Gunlocke Company and Hearth and Home Technologies.<\/p>\n<p>Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DES MOINES, Iowa Quarterly earnings are down for Muscatine-based H-N-I Corporation.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-3823","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/3823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=3823"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/3823\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=3823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=3823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=3823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}