Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
17 March 1980Website:
http://www.millerknoll.comNext earnings report:
20 December 2024Last dividends:
30 August 2024Next dividends:
29 November 2024Price
after hours | 69 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
MLKN Latest News
MillerKnoll's (MLKN) third-quarter fiscal 2024 results benefit from strategic inventory management, improved gross margins and pricing initiatives.
MillerKnoll (MLKN) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.54 per share a year ago.
Shares of MillerKnoll Inc. dropped more than 14% in the extended session Wednesday after the furniture maker said that a “lagging” housing market, rising interest rates and other headwinds contributed to lower sales.
MillerKnoll's (MLKN) fiscal third-quarter results are likely to ail from geopolitical concerns, persistent inflationary impacts, and elevated market interest rates.
Furniture and lifestyle retail companies have experienced pain from economic uncertainty, but their shares have still performed well. MillerKnoll's recent financial results show a decline in revenue due to economic factors, but its bottom line has improved. The company's profitability metrics and cash flows have shown improvement, indicating a positive trend for the future.
MillerKnoll, Inc. (MLKN) Q2 2024 Earnings Call Transcript
MillerKnoll (MLKN) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.46 per share a year ago.
MillerKnoll's (MLKN) second-quarter fiscal 2024 results are likely to reflect declining sales volume and the impact of the challenging macro-environment. Yet, favorable pricing is likely to have benefited to some extent.
The office furniture business keeps improving in North America.
Does MillerKnoll (MLKN) have what it takes to be a top stock pick for momentum investors? Let's find out.
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What type of business is MillerKnoll?
MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. 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.
What sector is MillerKnoll in?
MillerKnoll is in the Consumer Cyclical sector
What industry is MillerKnoll in?
MillerKnoll is in the Furnishings, Fixtures & Appliances industry
What country is MillerKnoll from?
MillerKnoll is headquartered in United States
When did MillerKnoll go public?
MillerKnoll initial public offering (IPO) was on 17 March 1980
What is MillerKnoll website?
https://www.millerknoll.com
Is MillerKnoll in the S&P 500?
No, MillerKnoll is not included in the S&P 500 index
Is MillerKnoll in the NASDAQ 100?
No, MillerKnoll is not included in the NASDAQ 100 index
Is MillerKnoll in the Dow Jones?
No, MillerKnoll is not included in the Dow Jones index
When was MillerKnoll the previous earnings report?
No data
When does MillerKnoll earnings report?
The next expected earnings date for MillerKnoll is 20 December 2024