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Allsteel Announces Enhancements to Evo Chair for an Eco-Friendly, Refined Design
Globenewswire· 2025-06-02 17:50
Core Insights - Allsteel has expanded its Evo series with a focus on sustainability, versatility, and user comfort, introducing new eco-friendly options and carbon-neutral models [1][6]. Product Features - The new Quilted Knit Back is made from SEAQUAL® upcycled marine litter and features a zero-waste manufacturing process, enhancing comfort while being environmentally conscious [2][4]. - The design includes a quilted infill structure that contours to the user's back shape, allowing for real-time flexibility and support [5][3]. - Evo chairs now include weight-activated control, dual density foam, and 4D Arms, providing multiple levels of comfort and support [5]. Sustainability Commitment - Select Evo models are certified as carbon neutral, with carbon offsets supporting U.S.-based reforestation projects [6]. - The Evo collection holds SCS Indoor Advantage™ Gold and BIFMA LEVEL® 3 certifications, reflecting Allsteel's commitment to responsible material choices and low emissions [6]. Design Flexibility - The expansion introduces painted aluminum as a new finish option, offering 40 curated paint choices for customization [7].
Earnings Estimates Rising for HNI (HNI): Will It Gain?
ZACKS· 2025-05-13 17:21
Core Viewpoint - HNI is positioned as a strong investment opportunity due to significant revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price growth [1][2]. Earnings Estimate Revisions - Analysts have shown increasing optimism regarding HNI's earnings prospects, leading to higher earnings estimates which are expected to positively influence the stock price [2]. - The current-quarter earnings estimate is $0.84 per share, reflecting a year-over-year increase of +6.33%, with a 15.07% rise in the Zacks Consensus Estimate over the last 30 days [6]. - For the full year, HNI is projected to earn $3.49 per share, representing a +14.05% change from the previous year, with a 7.06% increase in the consensus estimate over the past month [7][8]. Zacks Rank and Performance - HNI has achieved a Zacks Rank 2 (Buy), indicating favorable estimate revisions that suggest strong future performance [9]. - Historically, stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have significantly outperformed the S&P 500, with Zacks 1 stocks averaging a +25% annual return since 2008 [3][9]. Stock Performance - HNI shares have increased by 16.2% over the past four weeks, reflecting investor confidence in the company's earnings growth prospects [10].