MillerKnoll, Inc. manufactures and distributes interior furnishings worldwide. It operates through North America Contract, International Contract, and Retail segments. The company offers seating products under the Embody, Aeron, Mirra2, Setu, Sayl, Verus, Cosm, Lino, Verus, Celle, Equa, Taper, and Ergon names; and modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, Prospect, Overlay, Resolve, and OE1 names. It also provides storage products; wood case goods; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names; Thrive portfolio of ergonomic solutions and technology support products under the Colebrook Bosson Saunders name; textiles under the Maharam name; and Live Platform system of cloud-connected furnishings, applications, and dashboards. In addition, the company offers products for residential settings under the Eames, Eames Soft Pad, HAY, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere, Claw, Caper, Distil, Envelope, Formwork, Full Round, H Frame, I Beam, Landmark, Logic Mini, Logic Power Access Solutions, Renew, Rolled Arm, Scissor, Sled, Soft Pad, Swoop, Tone, Twist, Ward Bennett, and Wireframe names; and residential and ancillary products under the Line, Storage Collection, Lina, Matera, Emmy, Story, Sømmer, Reach, the Always, Polly, Viv, Hush, Mags, and About A names. Its products are used in institutional, health/science, and residential and other environments; transportation terminals; and industrial and educational settings. The company markets its products through its sales staff, and independent dealers and retailers; and e-commerce websites. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.
IPO Year:
Exchange: NASDAQ
Website: hermanmiller.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/30/2022 | Buy → Hold | The Benchmark Company | |
9/29/2022 | $50.00 → $20.00 | Buy → Hold | Craig Hallum |
ZEELAND, Mich., Sept. 19, 2024 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the first quarter of fiscal year 2025, which ended August 31, 2024. Financial Highlights Orders in the first quarter were up 2.4% on a reported basis and up 3.5% organically from the prior year, led by Americas Contract growth of 5.2%.Ending backlog of $758.0 million increased 9.2% from last year and 10.9% from the start of fiscal 2025.Gross margin in the Global Retail segment improved by 160 basis points due to continued benefits from operational improvements.First Quarter
Bringing together the best brands in modern design ZEELAND, Mich., Sept. 12, 2024 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, is opening two new flagship locations in London and New York this month. Including contract showrooms and stores from across the company's collective of brands, these spaces build upon the MillerKnoll strategy of creating world-class design destinations globally. This approach provides our employees with inspiring workplaces and offers customers and the design community a convenient way to experience the latest in design for office, home and beyond.
ZEELAND, Mich., Aug. 22, 2024 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the first quarter of fiscal year 2025 on Thursday, September 19, 2024 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (888) 596-4144 and entering the conference identific
John Maeda, Tina Edmundson and Jeanne Gang Join MillerKnoll's Board of Directors ZEELAND, Mich., July 29, 2024 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, appointed three new directors – John Maeda, Tina Edmundson and Jeanne Gang – to its Board of Directors. With the retirement of two directors, MillerKnoll evaluated the composition of its board of directors and recruited new members with skills, qualifications and diverse backgrounds to augment the expertise of the current board and support the company's long-term growth. The new board members bring expertise in technology, architecture, design, hospitality and art. John Maeda is a well-known technologist, educ
ZEELAND, Mich., June 26, 2024 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the fourth quarter and full fiscal year 2024, which ended June 1, 2024. Business Highlights Orders in the fourth quarter were up 1.1% on a reported basis and up 2.9% organically from last year.Fourth quarter and full year gross margin improved 250 basis points and 410 basis points, respectively year-over-year.Achieved annualized run-rate cost synergy target of $160 million related to the integration of Knoll.Full year GAAP and adjusted diluted earnings per share improved 101.8% and 12.4% respectively, from the prior year.Fourth Quarter Fiscal 2024 Financial Results (Unaudited) (Unaudite
ZEELAND, Mich., May 29, 2024 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the fourth quarter and full year of fiscal 2024 on Wednesday, June 26, 2024 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (888) 596-4144 and entering the conference identification number 6789541. An online archive of the webcast will also be available on the Company's investor relatio
More Than 35 Iconic Design Brands Have Joined Together to Welcome Design Professionals and Enthusiasts to the Neighborhood on June 10-12 CHICAGO, May 6, 2024 /PRNewswire/ -- The global design community is once again making plans to gather in Chicago this June to celebrate the latest in design and architecture. Fulton Market District will welcome top design professionals and enthusiasts to enjoy product launches, exhibits, and events from Monday, June 10 – Wednesday, June 12, during the second annual Fulton Market Design Days (FMDD). Hosted in Chicago – an epicenter of awe-inspiring architecture, cultural institutions, and one of the world's most famous shopping streets, Magnificent Mile – F
ZEELAND, Mich., April 10, 2024 /PRNewswire/ -- MillerKnoll, a collective of dynamic design brands, received the 2024 Disability Matters North America Award. Presented annually by Springboard Consulting LLC, the award honors companies for their innovative programs and successful strategies related to outreach, recruitment, engagement, and retention of candidates, employees, and customers with disabilities. Previous winners of this award include Guardian Life Insurance, Colgate-Palmolive Company, and Kohl's. This is MillerKnoll's first time receiving this recognition. The compan
ZEELAND, Mich., March 27, 2024 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the third quarter of fiscal year 2024, which ended March 2, 2024. Business Highlights Consolidated Gross margin improved 450 basis points over the prior year, with expansion reported in all three segments.Continued actions focused on streamlining and reducing the operating cost structure and enhancing operating efficiencies while driving long-term top line growth and margin improvement.$153 million of run-rate cost synergies related to the Knoll integration captured to date.Third Quarter Fiscal 2024 Financial Results (Unaudited) (Unaudited) Three Months Ended Nine Months Ended (Dollars
ZEELAND, Mich., Feb. 28, 2024 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the third quarter of fiscal 2024 on Wednesday, March 27, 2024 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (800) 715-9871 and entering the conference identification number 1042965. An online archive of the webcast will also be available on the Company's investor relations website.
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John Maeda, Tina Edmundson and Jeanne Gang Join MillerKnoll's Board of Directors ZEELAND, Mich., July 29, 2024 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, appointed three new directors – John Maeda, Tina Edmundson and Jeanne Gang – to its Board of Directors. With the retirement of two directors, MillerKnoll evaluated the composition of its board of directors and recruited new members with skills, qualifications and diverse backgrounds to augment the expertise of the current board and support the company's long-term growth. The new board members bring expertise in technology, architecture, design, hospitality and art. John Maeda is a well-known technologist, educ
The Benchmark Company downgraded MillerKnoll from Buy to Hold
Craig Hallum downgraded MillerKnoll from Buy to Hold and set a new price target of $20.00 from $50.00 previously
ZEELAND, Mich., Sept. 19, 2024 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the first quarter of fiscal year 2025, which ended August 31, 2024. Financial Highlights Orders in the first quarter were up 2.4% on a reported basis and up 3.5% organically from the prior year, led by Americas Contract growth of 5.2%.Ending backlog of $758.0 million increased 9.2% from last year and 10.9% from the start of fiscal 2025.Gross margin in the Global Retail segment improved by 160 basis points due to continued benefits from operational improvements.First Quarter
ZEELAND, Mich., Aug. 22, 2024 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the first quarter of fiscal year 2025 on Thursday, September 19, 2024 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (888) 596-4144 and entering the conference identific
ZEELAND, Mich., June 26, 2024 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the fourth quarter and full fiscal year 2024, which ended June 1, 2024. Business Highlights Orders in the fourth quarter were up 1.1% on a reported basis and up 2.9% organically from last year.Fourth quarter and full year gross margin improved 250 basis points and 410 basis points, respectively year-over-year.Achieved annualized run-rate cost synergy target of $160 million related to the integration of Knoll.Full year GAAP and adjusted diluted earnings per share improved 101.8% and 12.4% respectively, from the prior year.Fourth Quarter Fiscal 2024 Financial Results (Unaudited) (Unaudite
ZEELAND, Mich., May 29, 2024 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the fourth quarter and full year of fiscal 2024 on Wednesday, June 26, 2024 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (888) 596-4144 and entering the conference identification number 6789541. An online archive of the webcast will also be available on the Company's investor relatio
ZEELAND, Mich., March 27, 2024 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the third quarter of fiscal year 2024, which ended March 2, 2024. Business Highlights Consolidated Gross margin improved 450 basis points over the prior year, with expansion reported in all three segments.Continued actions focused on streamlining and reducing the operating cost structure and enhancing operating efficiencies while driving long-term top line growth and margin improvement.$153 million of run-rate cost synergies related to the Knoll integration captured to date.Third Quarter Fiscal 2024 Financial Results (Unaudited) (Unaudited) Three Months Ended Nine Months Ended (Dollars
ZEELAND, Mich., Feb. 28, 2024 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the third quarter of fiscal 2024 on Wednesday, March 27, 2024 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (800) 715-9871 and entering the conference identification number 1042965. An online archive of the webcast will also be available on the Company's investor relations website.
ZEELAND, Mich., Dec. 20, 2023 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the second quarter of fiscal year 2024 which ended December 2, 2023. Business Highlights Fiscal 2024 full year adjusted earnings guidance increased to a range of $2.00 to $2.16 per share.Consolidated Gross margin improved 470 basis points over the prior year, with expansion reported in all three segments.Significant overall profit growth. US GAAP and Adjusted EPS growth of 114.3% and 28.3% respectively year-over-year.Second Quarter Fiscal 2024 Financial Results (Unaudited) (Unaudited) Three Months Ended Six Months Ended (Dollars in millions, except per share data) December 2, 2023 Decem
ZEELAND, Mich., Nov. 21, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the second quarter of fiscal 2024 on Wednesday, December 20, 2023 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (800) 715-9871 and entering the conference identification number 3689183. An online archive of the webcast will also be available on the Company's investor relations webs
ZEELAND, Mich., Sept. 26, 2023 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ:MLKN) today reported results for the first quarter of fiscal year 2024 which ended September 2, 2023. Business Highlights Full year adjusted earnings guidance increased to a range of $1.85 to $2.15 per share.Gross margin improved 450 basis points on a consolidated basis over the prior year, with expansion reported in all three segments.Significant profit improvement in the Americas Contract segment which delivered reported and adjusted year-over-year operating margin expansion of 460 and 570 basis points respectively.Organic order growth of 2.1% for the Americas Contract segment over the prior year.First Quarter Fiscal
ZEELAND, Mich., Aug. 29, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ:MLKN) will announce its financial results for the first quarter of fiscal 2024 on Tuesday, September 26, 2023 after the stock market closes. The same day, the Company will host a conference call and webcast to discuss its results at 5:00 p.m. Eastern time. Participants may access the conference call live via webcast on the Company's investor relations website at https://www.millerknoll.com/investor-relations, or participate via telephone by dialing (800) 715-9871 and entering the conference identification number 3098246. An online archive of the webcast will also be available on the Company's investor relations website.
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- SEC Filing
MillerKnoll (NASDAQ:MLKN) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.54 by 24.07 percent. The company reported quarterly sales of $888.900 million which missed the analyst consensus estimate of $898.675 million by 1.09 percent. This is a 7.09 percent decrease over sales of $956.700 million the same period last year.
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