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KBAL Kimball International Inc. Recent Headline News
Global Furniture Market 2014-2018 - Growing Affluence of Globalization
M2 - Tue Nov 11, 5:21AM CST
Research and Markets (http://www.researchandmarkets.com/research/swwhmc/global_furniture) has announced the addition of the "Global Furniture Market 2014-2018" report to their offering. The Global Furniture market on the basis of revenue to grow at a CAGR of 3.38 percent over the period 2013-2018. Furniture is a term that refers to any kind of movable object that is built to support most human activities such as sleeping, eating, and seating. It can also be used for decorative or symbolic purposes. Furniture is made from materials such as wood, plastic, glass, and metal. The Global Furniture market is a low-tech industry, and it has been growing since the days of non-nomadic cultures. Furniture is meant for specific functionality. One key trend in this market is the increasing demand for luxury furniture. With the increase in the high-net-worth individual population, vendors are offering premium or luxury furniture with unique designs and styles to consumers. According to the report, one of the main drivers of the market is the increased influence of globalization on the market, which has led to easy and wider availability of different furniture styles for consumers. Reduced trade barriers have led to the entry of many players into various markets globally. Further, the report states that one key challenge that the market faces is the highly fragmented nature of the market, which has led to cluttered product offerings and price wars. This is negatively affecting the vendors in the market, especially the small vendors. Key Vendors - Ashley Furniture Industries - IKEA International Groups - Sears Holdings - Steelcase Other Prominent Vendors - Furniture Brands - Haworth - Herman Miller - HNI - Kimball International - Klaussner Furniture Industries - Knoll - KOKUYO Furniture - La-Z-Boy - Masco - Poltrona Frau Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Application - Market Segmentation by Material - Geographical Segmentation - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/sw..._furniture
KBAL: 9.60 (-0.17), SHLDZ: 157.50 (-6.10), MLHR: 31.65 (-0.16)
Kimball International, Inc. Announces First Quarter Fiscal Year 2015 Results
Business Wire - Thu Nov 06, 3:24PM CST
Kimball International, Inc. (NASDAQ: KBAL) today announced net sales of $348.2 million and net income of $8.0 million, or $0.21 per Class B diluted share, for the first quarter of fiscal year 2015 which ended September 30, 2014. Excluding incremental after-tax costs related to the spin-off of the Company's EMS segment of $1.5 million ($0.04 per Class B diluted share), the adjusted net income for the first quarter of fiscal year 2015 was $9.5 million, or $0.25 per Class B diluted share.
KBAL: 9.60 (-0.17)
Kimball International Announces Plan to Consolidate Manufacturing Capacity to Be More Responsive to Markets and Reduce Cost Structure; Idaho Manufacturing To Be Transferred To Indiana Facilities
Business Wire - Wed Nov 05, 4:33PM CST
Kimball International, Inc. (NASDAQ: KBAL), today announced the planned consolidation of its metal fabrication production from its operation located in Post Falls, Idaho, into existing production facilities in Indiana. Citing improvement of customer delivery, supply chain dynamics, and transportation costs as key factors in its decision, Kimball noted that eighty percent of its installed base of customers is located east of Denver.
KBAL: 9.60 (-0.17)
Kimball International Announces Officer Promotions and New Strategic Planning Team
Business Wire - Mon Nov 03, 7:58AM CST
Kimball International, Inc. (NASDAQ: KBAL), the Indiana-headquartered manufacturer of commercial furnishings, today promoted five officers and announced the Company's Strategic Planning Team. The promotions were effective November 1st in conjunction with the completion of the spin-off of the Electronics business on October 31st.
KBAL: 9.60 (-0.17)
Kimball International completes spin-off of its EMS business
M2 - Mon Nov 03, 7:52AM CST
Kimball International Inc (NASDAQ:KBAL), a manufacturer of commercial furnishings, revealed on Saturday that it closed the spin-off of its Electronic Manufacturing Services (EMS) business, which has been newly named Kimball Electronics Inc (KEI).
KBAL: 9.60 (-0.17)
Kimball International Announces Completion of Spin-off; Company Finalizes Separation of Kimball Electronics, Inc.
Business Wire - Fri Oct 31, 4:00PM CDT
Kimball International, Inc. (NASDAQ: KBAL), an Indiana-headquartered manufacturer of commercial furnishings, today announced that it has completed the spin-off of the Company's Electronic Manufacturing Services ("EMS" business, newly named Kimball Electronics, Inc. ("KEI"
KBAL: 9.60 (-0.17)