© 2022 WVIK
Listen at 90.3 FM and 105.7 FM in the Quad Cities, 95.9 FM in Dubuque, or on the WVIK app!
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Economy

New Tax Law Helps HNI

HNI.Logo_.jpg

Thanks in part to the new tax law, earnings rose last year for HNI Corporation. The Muscatine-based maker of office furniture and fireplaces reports a profit of $2 per share in 2017, compared with $1.88 the previous year.

That includes a one-time tax benefit of 45 million dollars resulting from the federal tax overhaul.

Sale fell however, by 1.3 per cent, to $2.1 billion.