Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of furniture maker HNI Corp. (NYSE: HNI) fell 12% today after the company released earnings.

So what: Revenue increased 9% to $396.2 million, and loss per share improved to $0.04 from $0.09 last year. Both beat estimates but the market still wasn't satisfied today.

Now what: I don't see any major reason to panic today, but management did point to short-term margin pressure that may affect near-term profits. This is a seasonally weak quarter for HNI, so investors could be concerned that profits in future quarters won't meet expectations. I see today as a buying opportunity and think shares will recover from today's loss.

Interested in more info on HNI Corp.? Add it to your watchlist.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.