MillerKnoll

MillerKnoll, Inc. engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate. The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings throughout the United States and Canada. The International Contract segment covers operations in the Europe, Middle East, Africa, Latin America, and Asia-Pacific geographic regions. The Retail segment focuses on the sale of modern design furnishings and accessories to third party retail distributors. The Corporate segment consists of unallocated expenses related to general corporate functions including certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.

Earnings data Q3 2021

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MillerKnoll Exceeds Q2 Expectations, Eyes Global Expansion and Workplace Trends

MillerKnoll's Q2 performance exceeded expectations, with a focus on expansion, product innovation, and adapting to changing workplace dynamics. While facing challenges in demand and inventory, the company is poised to benefit from global expansion and evolving workplace trends.

MillerKnoll beats earnings expectations, eyes international growth amid challenges

MillerKnoll delivered strong earnings and margin improvement despite challenges in retail and economic conditions.
Operational efficiencies and strategic focus on international expansion and premium products drove financial performance.
While facing temporary headwinds, the company is poised to benefit from backlog stabilization and improved order patterns.
Efforts to reduce expenses and leverage merger synergies position MillerKnoll for future growth and market opportunities.

MillerKnoll reports strong Q4 earnings, eyes consumer comeback in '24

MillerKnoll's Q4 performance reflects resilience and strategic focus, with a positive outlook for future growth. While facing challenges of softer demand and seasonal lows, the company remains confident in its long-term industry health and strategies. Opportunities in consumer trends and office evolution present avenues for growth and performance improvement.

MillerKnoll reports robust Q1 earnings, eyes international growth opportunities

MillerKnoll's Q1 2024 earnings call highlighted strong performance, margin expansion, and resilience strategies. Challenges in international markets and supply chain disruptions were noted. Opportunities for growth include demand stabilization, margin expansion, and operational enhancements.

MillerKnoll reports strong Q2 earnings, focuses on diversification and growth

MillerKnoll delivered strong earnings performance, improved margins, and increased full-year EPS guidance. Despite challenges, the company remains optimistic about its performance and emphasized the importance of order growth for future progress.

MillerKnoll boosts margins and anticipates growth amidst market challenges

MillerKnoll (MLKN) delivered a resilient performance in Q3 2024, showcasing strength in improving gross margins, operational efficiency, and strategic market positioning.
Despite challenges from lower sales volume and subdued housing demand, the company's focus on enhancing customer experience and driving demand presents growth opportunities.
Anticipated sales and earnings growth in the upcoming fiscal year, along with strategic initiatives to boost demand and expand market presence, position MillerKnoll for future success.
The company's adaptability to changing market dynamics, coupled with a proactive approach to cost-saving measures and enhancing market presence, underscores its resilience and growth potential.

MillerKnoll Reports Strong FY 2024 Close, Optimistic Outlook

MillerKnoll's Q4 FY 2024 earnings call highlighted a strong finish to the year with promising growth in orders and margins, despite some sales declines. The company is poised for future growth, backed by strategic investments and operational efficiencies. The outlook for FY 2025 remains positive with expected increases in sales and earnings.

MillerKnoll reports Q1 growth, delays revenue recognition, eyes expansion

MillerKnoll's Q1 2025 showcased strong order growth but faced revenue delays, with a focus on expanding contract and retail businesses for future success.
Despite challenges in segment performance, the company maintains confidence in its full-year earnings guidance and financial stability.
Analyst queries centered on key operational aspects indicate a proactive approach to addressing market dynamics and optimizing performance for sustained growth.

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MillerKnoll, Inc. engages in the research, design, manufacture, and distribution of interior furnishings. It operates through the following segments: Americas Contract, International Contract and Specialty, Global Retail, and Corporate. The Americas Contract segment refers to the operations associated with the design, manufacture, and sale of furniture products throughout North and South America. The International Contract and Specialty segment includes the operations associated with the design, manufacture, and sale of furniture products through an independent dealership network in Europe, the Middle East, Africa, and Asia-Pacific. The Global Retail segment is involved in the global operations associated with the sale of modern design furnishings and accessories to third party retailers. The Corporate segment relates to general corporate functions, including, but not limited to, certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree and Kevin J. Veltman in 1905 and is headquartered in Zeeland, MI.

ZEELAND, Mich. , March 6, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) will announce its financial results for the third quarter of fiscal 2023 on Wednesday, March 22, 2023 after the stock market closes.

MillerKnoll Schedules Third Quarter Fiscal 2023 Conference Call and Webcast

MillerKnoll has not been treated kindly by the market as of late, with shares falling due to concerns about the future. Near term, the company may see some weakness, but recent financial performance has been solid and shares are cheap.

MillerKnoll Still Offers Potential Despite Recent Pain

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Pneumatic Table Showcases Mobile Design that Maximizes Performance while Minimizing Footprint ZEELAND, Mich. , Feb. 9, 2023 /PRNewswire/ -- Height-adjustable tables have become a staple in the home and office environment, offering users variety and comfort regardless of the tasks at hand.

Herman Miller Presents the Passport Work Table, the Intuitive Height-Adjustable Table Designed to Fit Everywhere

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MillerKnoll, Inc. (NASDAQ:MLKN ) Q2 2023 Earnings Conference Call December 21, 2022 5:30 PM ET Company Participants Kevin Veltman - Senior Vice President Andi Owen - Chief Executive Officer Jeff Stutz - Chief Financial Officer John Michael - President, Americas Contract Debbie Propst - President, Global Retail Conference Call Participants Steven Ramsey - Thompson Research Reuben Garner - Benchmark Greg Burns - Sidoti & Company Rex Henderson - Water Tower Research Operator Good evening. And welcome to MillerKnoll's Second Quarter Earnings Conference Call.

MillerKnoll, Inc. (MLKN) Q2 2023 Earnings Call Transcript

ZEELAND, Mich. , Dec. 5, 2022 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) will announce its financial results for the second quarter of fiscal 2023 on December 21, 2022 after the stock market closes.

MillerKnoll Schedules Second Quarter Fiscal 2023 Conference Call and Webcast

Work-from-home headwinds and the inflationary environment are putting pressure on financial results. New order intake was disappointing, long-term debt increased, and the company experienced inventory build-up.

MillerKnoll: Work-From-Home Headwinds Are Impacting Results, Shares Remain Undervalued

MillerKnoll, Inc. (NASDAQ:MLKN ) Q1 2023 Earnings Conference Call September 28, 2022 5:30 PM ET Company Participants Ken Diptee - Vice President of Investor Relations Andrea Owen - President & Chief Executive Officer Jeffrey Stutz - Chief Financial Officer John Michael - President, North Americas Contract Debbie Propst - President, Global Retail Conference Call Participants Budd Bugatch - Water Tower Research Greg Burns - Sidoti & Company Alex Fuhrman - Craig-Hallum Capital Group Operator Ladies and gentlemen, thank you for standing by and welcome to the MillerKnoll First Quarter Fiscal 2023 Earnings Call. All lines have been placed on mute to prevent any background noise.

MillerKnoll, Inc. (MLKN) Q1 2023 Earnings Call Transcript

MillerKnoll shares are approaching values last seen during the Covid crash. MillerKnoll is expected to report Q1 FY23 earnings on September 28th (Post-Market), and the margins the company reports will be critical to determine how the share price reacts.

Here's Why Q1 FY23 Is A Critical Quarter For MillerKnoll

The collection celebrates the design talent of yesterday and today, bringing together longtime Eames fans, Rolf and Mette Hay, and the designs that inspired them. ZEELAND, Mich.

Herman Miller and HAY Unveil Fresh Take on Classic Eames Collection

New Materials and Color Options Mark a Sustainable Milestone for Ray and Charles Eames' Mid-Century Staple  ZEELAND, Mich. , Sept. 15, 2022 /PRNewswire/ -- Since its introduction in 1950, Eames Shell Chairs have popped up in nearly every setting on the planet, from smalltown diners to the lobbies of five-star hotels.

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ZEELAND, Mich. , Sept. 6, 2022 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) will announce its financial results for the first quarter of fiscal 2023 on September 28, 2022, after the stock market closes.

MillerKnoll Schedules First Quarter Fiscal 2023 Conference Call and Webcast

Configure, visualize, and quote: 3D Cloud delivers code-free 3D product configuration at scale for the world's largest modern design company. ST. PETERSBURG, Fla.

Configure the Iconic Aeron Chair in 3D: MillerKnoll Selects 3D Cloud by Marxent for Scalable 3D Product Configuration

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MillerKnoll is shrouded in uncertainty because of the merger of the two firms that created it. This would normally complicate an analysis of any such firm, but what really matters is how cheap shares of this business are.

MillerKnoll: Cheap Enough To Make Up For Uncertainty

We believe MillerKnoll shares are extremely cheap, but they come with significant risk, including a weaker balance sheet. Management believes there is a strong possibility that profit margins have hit a bottom, and are now going to trend higher, thanks to supply chain improvements and price increases.

MillerKnoll: Profit Margins Are Continuing To Recover From Inflation's Impact

MillerKnoll, Inc. (NASDAQ:MLKN ) Q4 2022 Earnings Conference Call June 29, 2022 5:30 PM ET Company Participants Kevin Veltman - Vice President of Investor Relations & Treasurer Andrea Owen - President & Chief Executive Officer Jeff Stutz - Chief Financial Officer John Michael - President, North Americas Contract Conference Call Participants Steven Ramsey - Thompson Research Group Reuben Garner - Benchmark Company Budd Bugatch - Water Tower Research Alex Fuhrman - Craig-Hallum Greg Burns - Sidoti & Company Operator Good evening, and welcome to MillerKnoll's Fourth Quarter Earnings Conference Call. As a reminder, this call is being recorded.

MillerKnoll, Inc. (MLKN) CEO Andrea Owen on Q4 2022 Results - Earnings Call Transcript

ZEELAND, Mich. , June 29, 2022 /PRNewswire/ -- Strong sales growth of 77% over the prior year, up 23% organically Sequential operating margin improvement of 230 basis points Continued progress with the integration of Knoll 66 million of run-rate cost synergies captured to date Company remains confident in ability to deliver $120 million of run-rate cost synergies within three years of closing Formal launch of the contract dealer network in North America positions MillerKnoll (NASDAQ: MLKN) for future growth Webcast to be held Wednesday, June 29, 2022, at 5:30 PM ET Fourth Quarter and Full-Year Fiscal 2022 Financial Results (Unaudited) (Unaudited) Three Months Ended Twelve Months Ended (Dollars in millions, except per share data)1 May 28, 2022 May 29, 2021 % Chg.

MillerKnoll, Inc. Reports Fourth Quarter Fiscal 2022 Results

New Products from Herman Miller, Geiger, Knoll, KnollTextiles, Maharam, Muuto, and naughtone June 13-15 in Chicago ZEELAND, Mich. , June 6, 2022 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, is hosting the company's first Design Days with product launches, exhibits, and events across its brands from June 13-15, 2022 at the company's Fulton Market showrooms in Chicago, Illinois.

MillerKnoll Introduces Design Days at Fulton Market

ZEELAND, Mich. , June 1, 2022 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) today announced that the company will host its fourth quarter fiscal 2022 conference call and webcast on Wednesday, June 29, 2022, at 5:30 p.m.

MillerKnoll Schedules Fourth Quarter Fiscal 2022 Conference Call and Webcast

MillerKnoll is a company that has been operating for more than a century, demonstrating a great capacity to remain profitable year after year. Margins are being negatively impacted by inflationary pressures, labor shortages, and supply chain issues.

MillerKnoll: The Deleveraging Phase Has Begun

MillerKnoll's business is booming despite the slow return to the office, and they are taking more orders than they are delivering sales. Margins have come down however due to commodity inflation, increased labor costs, supply chain issues, and higher transportation costs.

MillerKnoll Is A Bargain Despite Short-Term Profitability Issues

The new goals leverage the progress and legacies of Herman Miller, Knoll, and their collective of global brands, and include reducing carbon footprint by 50%, eliminating the use of single-use plastics, and using 50% or more recycled content globally ZEELAND, Mich., April 21, 2022 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN), announced today new sustainability goals for 2030 to make a positive impact on the planet.

MillerKnoll Announces 2030 Sustainability Goals: Doing More for Our Planet

Shares of the furniture company took off after it reported earnings. Here's a quick look at why.

News for MillerKnoll Stock (MLKN)