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lorenger jeff HNI 23HON-Allsteel: biz
demand reverses

Furniture price up profits.
Contracts weak. SMB OK

HNI (HON + AllSteel) 
the $2Bn US furnituremaker, reported a reversal in demand in office markets in Q4'22, with ceo Jeff Lorenger cautious about economic uncertainty and the slow return to corporate offices, hurting contract demand

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