MillerKnoll, Inc. MLKN

MillerKnoll posted a split quarter: Q1 net sales fell 3.4% year over year to $923.4 million, while consolidated orders rose 3.2% to $913.9 million—the first order growth in a while. International contract orders jumped 17.3% on a large South Korea project; Europe picked up with Knoll's Concert line, and North America retail grew for the eighth straight quarter, with Holly Hunt returning to order growth. Adjusted gross margin rose to 41.8% and operating cash flow reached $49.1 million; net debt/EBITDA eased to 2.75x, liquidity $580 million. Backlog slipped 3.1% to $669.2 million; North America contract revenue fell 5.3%. Tariff headwinds add about $0.07 per share of drag; full-year revenue guidance trimmed to $3.88-$4.03 billion. Special charges of $13.4 million included facility closing. Management notes momentum into the next quarter; valuation looks cheap at ~10x forward earnings despite mixed trends. Order momentum hints at mid-term recovery, but tariff drag and lower guidance cap near-term upside.

MillerKnoll posted Q3 CY2026 revenue of $923.4 million, a 3.4% YoY drop and below estimates of $943.3 million. Next quarter’s revenue guide of about $992 million also fell short of consensus (roughly 1.8%). Non-GAAP EPS was $0.53, vs. $0.36 expected, and adjusted operating income was $65.7 million (7.1% margin), a strong beat relative to $49.9 million. The company cut full-year revenue guidance to $3.96 billion at the midpoint from $4.03 billion, while reaffirming full-year Adjusted EPS of $2. Operating margin stood at 6.5%, roughly flat year over year, with backlog of $669.2 million, down 3.1%. Strength came from retail and international contracts and ongoing cost controls, offsetting softer North America contract demand. Tariff management and pricing actions supported margins, while management signaled cautious optimism on project pipelines and store expansion. Lower revenue and a trimmed full-year outlook offset stronger margins and an EPS beat.

MillerKnoll, Inc. reported a 3.4% first-quarter revenue decline driven by softer demand in North America Contract and Global Retail, offset by international order growth. North America Contract faced a tough year-ago comparison after a $55–$60 million order pull-forward tied to tariff pricing actions. The company is pursuing a three-pillar plan: sharpen operational discipline, tighten cost management, and optimize capital allocation to reduce debt. Despite soft NA demand, project funnel additions and awarded contracts remain constructive, signaling timing rather than a structural slowdown. Global Retail is shifting to smaller Herman Miller stores and using direct mail to counter rising digital advertising costs. International Contract gains are led by Knoll’s Concert line, helping European private offices grow. Guidance lowered for 2027 sales to $3.88B–$4.03B; EPS range unchanged, with a $0.07 per share tariff headwind mitigated by dual-sourcing and pre-stocking. Q2 headwinds of 20–30 bps and 14–18 new stores planned. Debt reduction, cost discipline, and selective retail footprint changes could materially affect margins and leverage.

MillerKnoll reported Q1 FY27 net sales of $923 million, down 3.4% YoY (3.3% organic), with orders up 3.2% to $914 million and backlog at $669 million. Gross margin rose to 41.7% (adjusted 41.8%), aided by tariff refunds (~150 bps). Adjusted EPS was $0.53; ex-tariffs, $0.42. Operating cash flow was $49 million; capex $33 million; liquidity $580 million; net debt to EBITDA 2.75x. The quarterly dividend is $0.1875 per share. North America Contract net sales fell 5.3% and orders declined 1.7%; International Contract net sales fell 6.4% but orders rose 17.3%; margins declined. Global Retail net sales rose 2.6% with orders up 4.3% and adjusted margins up ~170 bps (tariff benefits). Tariff headwinds: about $0.07 per share in FY27. Full-year net sales guidance narrowed to $3.88-$4.03 billion; adjusted EPS guidance $1.85-$2.15. Q2: sales of $972m-$1.012b; EPS $0.43-$0.49. Revenue declined modestly while margins improved and tariffs pose a headwind, yielding a balanced but not transformative outlook.

MLKN reported Q1 FY27 net sales of $923 million, down 3.4% year over year, with orders of $914 million up 3.2% and backlog of $669 million. Adjusted EPS was $0.53; excluding a $0.11 per share net benefit from IEPA tariff refunds, adjusted EPS was $0.42. Gross margin rose to 41.7% and adjusted margin 41.8%, aided by $16.5 million in tariff refunds that added about 180 basis points. North America Contract revenue declined year over year due to timing of previous year order pulls, while International Contract orders grew 17% and Global Retail delivered continued growth and margin improvement after tariff benefits. Management outlined three priorities: sharpen operational discipline, maintain cost discipline while investing selectively, and improve capital allocation toward growth and debt reduction. For Q2, net sales guidance is $972 million to $1,012 million; full year $3.88 billion to $4.03 billion with an estimated $0.07 per share tariff headwind. Store openings, Holly Hunt restructuring, plant closures, dividend, and potential buybacks discussed. Tariff impacts, ongoing cost discipline, and mixed regional demand create a modest near-term headwind with growth initiatives supporting mid-term profitability.

MillerKnoll trimmed fiscal 2027 revenue guidance to $3.88–$4.03 billion from $3.93–$4.13 billion amid a weak macro climate and higher energy costs. In the fiscal first quarter ended Aug. 31, revenue fell 3.4% to $923.4 million, with contract sales down 6.4% to $156.8 million. The company is tightening expenses, optimizing production, and restructuring its workforce after leadership changes at Holly Hunt. Cash flow from operations rose to $49.1 million, aided by roughly $10 million in tariff refunds, and adjusted operating income increased to $65.7 million. A quarterly dividend of 18.75 cents per share was declared. For Q2, sales are expected at $972 million–$1 billion. Andi Owen, who joined Herman Miller in 2018 and oversaw the 2021 merger, stepped down as CEO in June. Near-term headwinds from lower guidance and restructuring; longer-term impact depends on execution.

Mixed first-quarter results: MillerKnoll sales fell 3.4% to $923 million, while orders rose 3.2% to $914 million. Adjusted EPS was $0.53, or $0.42 excluding a $0.11 tariff-refund benefit, above guidance. Demand varied by segment: North America Contract declined; International Contract orders rose 17.3% despite a 6.4% sales drop; Global Retail orders up 4.3% and North American retail orders up 7.5%. Gross margin rose to 41.7% GAAP (41.8% adjusted), helped by tariff refunds; operating margin in NA Contract eased. Cash flow was $49 million; capex $33 million; liquidity $580 million; net debt/EBITDA 2.75x. The outlook: FY2027 sales narrowed to $3.88–$4.03 billion; adjusted EPS guidance unchanged at $1.85–$2.15; Q2 sales $972 million–$1.012 billion and EPS $0.43–$0.49. Store openings and Holly Hunt restructuring remain strategic priorities. Lowered full-year sales outlook amid uneven demand signals a moderate impact on growth trajectory.

MillerKnoll, Inc. (MLKN) reported Q1 2026 adjusted earnings of $0.53 per share, beating the Zacks consensus of $0.35 and up from $0.45 a year earlier. Revenue totaled $923.4 million, slightly missing the consensus by about 2.0%. The earnings surprise stood at +51.4%. Over the past four quarters the company has beaten estimates three times. Shares have risen about 11.2% year to date, but still trail the S&P 500's 13.4% gain; investors will watch management's commentary on the earnings call for guidance and sentiment. Ahead of the report, estimate revisions were unfavorable, contributing to a Zacks Rank #4 (Sell). The current near-term outlook calls for $0.46 per share on $1.02 billion in revenue next quarter and roughly $2.02 on $4.01 billion for the full year. The Furniture industry remains weak, with Bassett Furniture due to report Sept 30. Earnings beat but revenue miss and unfavorable revision trend suggest a modest near-term impact with mixed signals on future performance.

MillerKnoll reported Q3 CY2026 revenue of $923.4 million, down 3.4% year over year and below consensus of $943.3 million. Next-quarter guidance is $992 million, about 1.8% shy of estimates. Non-GAAP EPS was $0.53, well above expectations of $0.36, while adjusted operating income was $65.7 million (7.1% margin) versus $49.9 million expected. Full-year revenue guidance was trimmed to a midpoint of $3.96 billion from $4.03 billion. The company reaffirmed full-year adjusted EPS guidance of $2. Backlog ended at $669.2 million, down 3.1% YoY. Operating margin was 5.6%, roughly flat year over year. The stock fell about 3% after results. Formed by the 2021 Herman Miller–Knoll merger, MillerKnoll serves offices, healthcare, education, and homes, with about $3.81 billion in trailing revenue and an outlook for mid-single-digit growth versus peers. Revenue miss and lowered full-year guidance create near-term headwinds despite a solid EPS beat.

Mohawk Industries (MHK) shares fell about 6% intraday and closed roughly 7% lower at $117.28 after SEC filings showed substantial insider stock sales by CEO Jeffrey Lorberbaum and his family ahead of his September retirement. The move comes amid broader margin concerns in the flooring industry and ahead of MillerKnoll's upcoming earnings. Mohawk has rallied this year but remains about 16% below its 52-week high of $140.10; Wells Fargo had previously raised its price target to $115, citing confidence in CEO succession and restructuring to boost margins. The market response links insider activity and succession risk to near-term sentiment, while longer-term prospects remain mixed amid valuation and competitive dynamics in the sector. Sector-wide margin concerns and sentiment shifts from Mohawk's insider activity could moderately affect MLKN near-term performance ahead of its own earnings.

Office furniture maker MillerKnoll (MLKN) will report Q3 results before market open on Tuesday. Last quarter revenue reached $1.00 billion, up 4.4% year over year, with EPS beats. For Q3, analysts expect revenue to decline 1.3% year over year, a reversal from a 10.9% rise in the same quarter a year ago. Analysts covering the company have generally reaffirmed estimates over the last 30 days, though MillerKnoll has missed Wall Street revenue estimates multiple times in the past two years. As the first among peers to report this season, guidance is scarce; sector sentiment has been cautious, with related stocks down about 1.7% over the last month, while MillerKnoll has fallen roughly 10.9% in that period. Revenue is forecast to decline 1.3% YoY this quarter, signaling modest near-term pressure.

MillerKnoll reported Q2 earnings and is compared against other business services and supplies stocks. Q2 earnings release offers moderate insight into financial performance and sector positioning.

Charles Cohen responds to his lender. MillerKnoll swings to net profit. MillerKnoll net profit swing points to improved financial results with potential short-term market effects.

MLKN shares rose 21% after the company returned to profitability and issued an updated FY27 guidance. Return to profitability plus FY27 guidance directly improves financial outlook and market sentiment.

MillerKnoll swung to net profit in Q4 with positive Middle East performance, causing shares to surge. Q4 profit turnaround and regional strength indicate improved results that can lift near-term valuation without altering long-term trajectory.

MillerKnoll, Inc. held its Q4 2026 earnings call covering financial results and business outlook. Quarterly earnings updates provide performance data that moderately shapes near-term investor sentiment and operations focus.

MillerKnoll Q4 earnings call emphasized retail discipline as key priority amid ongoing operations. Q4 earnings discussion of retail discipline indicates moderate effects on operations and sentiment without major strategic shifts.

MillerKnoll Inc (MLKN) surpassed revenue expectations in its Q4 2026 earnings call. Revenue beat in quarterly results can lift near-term stock sentiment and valuation.

MillerKnoll reported Q4 earnings with key financial metrics compared to analyst estimates. Q4 earnings metrics versus estimates reveal performance details that shape near-term investor sentiment.

MillerKnoll’s Q2 CY2026 sales beat estimates and its full-year outlook exceeded expectations. Positive earnings surprise and raised outlook lift near-term financial expectations and investor sentiment.

MillerKnoll, Inc. reported fourth quarter and full fiscal year 2026 results. Fiscal year earnings results disclose key financial performance metrics that affect near-term stock valuation and sentiment.

MLKN prepares Q2 earnings release with all required details supplied to investors ahead of the announcement. Q2 earnings data directly shapes near-term stock movement and sentiment for MLKN.

MillerKnoll reported Q1 earnings, prompting analysis on whether investors should buy, sell, or hold the stock. Q1 earnings and resulting buy/sell/hold views can shift near-term investor sentiment and trading for MLKN.

MillerKnoll, Inc. announced a leadership transition. Leadership transition may alter strategy and affect near-term market sentiment.

MillerKnoll (MLKN) faces valuation review as new EIR Healthcare partnership reshapes growth expectations. New EIR Healthcare partnership represents a major strategic move likely to significantly alter MillerKnoll's growth trajectory and investor sentiment.

EIR Healthcare partners with MillerKnoll to deliver factory-integrated interior solutions, advancing a new model for healthcare construction. Partnership introduces innovative factory-integrated solutions for healthcare, positioning MillerKnoll for significant growth in a specialized market.

MillerKnoll, Inc. (MLKN) share price rebounds recently amid segment restructuring, prompting valuation reassessment. Segment restructuring represents a major strategic move with potential to significantly impact MLKN's trajectory and investor sentiment.

MillerKnoll’s Q1 earnings call featured five must-read analyst questions probing key aspects of performance, strategy, and outlook. Analyst questions from Q1 earnings call moderately influence financial performance and investor sentiment without fundamentally altering trajectory.

MillerKnoll (MLKN) shares plunged 16% after a soft Q3 earnings miss and weaker Q4 outlook attributed to Mideast disruptions, raising questions about whether the bull case remains intact. Q3 earnings miss and reduced Q4 guidance from Mideast disruptions triggered a 16% stock drop, significantly impacting short-term financial performance and investor sentiment.

MillerKnoll's stock plunged more than 25% today after reporting fiscal fourth-quarter results that missed Wall Street expectations, issuing weak full-year guidance due to sluggish demand and macroeconomic headwinds, and announcing CFO transition. Disappointing earnings, slashed guidance, and leadership change signal significant headwinds likely to pressure near-term financials and investor confidence.