10 Best Furniture Stocks to Buy Right Now

6. HNI Corporation (NYSE:HNI)

Number of Hedge Fund Holders: 19

HNI Corporation (NYSE:HNI) provides workplace furnishings and residential building products. Its operations are divided into the Residential Building Products and Workplace Furnishing segments. The company’s brand portfolio includes Beyond, HON, Kimball, HBF Textiles, HNI India, and more. Through its export subsidiary, HNI Corporation (NYSE:HNI) exports certain products to North America, principally Latin America, the Caribbean, and Mexico.

The company’s non-GAAP EPS of $1.03 exceeded its internal expectations in fiscal Q3 2024, reflecting an 11% growth compared to the prior year. This came in an environment of continued revenue pressure for the company. Despite this challenging environment, management is optimistic about the company’s ability to drive profitable growth in the coming years.

It expects a reduction in interest rates in 2025, resulting in an increase in housing turnover and an improvement in demand for HNI Corporation’s (NYSE:HNI) products. The company has a three-year double-digit earnings growth streak and expects to extend it through at least 2026. It takes the sixth spot on our list of the 10 best furniture stocks to buy right now.