DTI opens new markets for Philippine furniture exporters

THE Department of Trade and Industry (DTI), through its Export Marketing Bureau (EMB), in collaboration with the Philippine Trade and Investment Center (PTIC) in Seoul and the Asean Korea Centre (AKC) are supporting Philippine exporters in expanding their market reach in South Korea through the country’s participation at the Korea International Furniture and Interior Fair (Kofurn) 2018.

The fair runs from August 29 to September 2 at the Korea International Exhibition Center in Gyeonggi, South Korea.

Ten Philippine companies assisted by the DTI-EMB through its Regional Interactive Platform for Philippine Exporters (Ripples) Plus Program were selected by the AKC to showcase their products and services at the AKC Asean Exhibition Area of the Kofurn.

Read more: (SUNSTAR PUBLISHING, INC) https://www.sunstar.com.ph/article/1761994

HNI Corp (HNI) Expected to Announce Quarterly Sales of $620.70 Million

Wall Street analysts predict that HNI Corp (NYSE:HNI) will post sales of $620.70 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for HNI’s earnings. The highest sales estimate is $623.00 million and the lowest is $618.40 million. HNI posted sales of $599.46 million in the same quarter last year, which suggests a positive year-over-year growth rate of 3.5%. The business is scheduled to report its next quarterly earnings results on Monday, October 22nd.

According to Zacks, analysts expect that HNI will report full year sales of $2.28 billion for the current financial year, with estimates ranging from $2.27 billion to $2.28 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.37 billion per share, with estimates ranging from $2.36 billion to $2.38 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for HNI.

Read more: (MAREA INFORMATIVE FINANCIAL NEWS AND ANALYSIS) https://www.mareainformativa.com/2018/08/23/hni-corp-hni-expected-to-announce-quarterly-sales-of-620-70-million.html