Consolidated net sales reached $1.3 billion, a 125% increase year-over-year, largely due to the Steelcase acquisition. Net loss attributable to HNI Corporation was $38.8 million, or $0.55 per diluted share, compared to a $13.9 million profit in Q1 2025. Operating loss was $36.4 million, impacted by $64.2 million in purchase accounting adjustments and $20.5 million in restructuring and impairment charges. Workplace Furnishings segment sales rose 169% to $1.185 billion, while Residential Building Products sales grew 2.1% to $162.1 million. The company terminated Steelcase's multi-year ERP implementation project to focus on profitable growth and reduce future capital expenditure.