MillerKnoll stock gets earnings lift after fiscal outlook cut
MillerKnoll (MLKN) reported adjusted EPS of USD 0.53 for Q1 FY2027, exceeding expectations despite a 3.4 percent drop in revenue and a lowered full-year sales outlook. The company saw profit growth driven by margin improvements and tariff refunds, even as sales for North America and International Contract segments declined. Analysts maintain an "Outperform" consensus with a target price significantly above the current Nasdaq price.
MillerKnoll reports mixed results while MillerKnoll stock trades above EUR 17.90
MillerKnoll (MLHR) reported mixed first-quarter fiscal 2027 results, with adjusted earnings per share exceeding estimates at USD 0.53, while revenue of USD 923.4 million fell short of expectations. Despite a year-over-year revenue decline, net income and diluted EPS increased, and operating cash flow significantly improved. The company provided fiscal 2027 guidance, with earnings per share guidance at USD 1.85-2.15 and revenue guidance at USD 3.9 billion-4.0 billion.
MillerKnoll Announces Q1 Fiscal 2027 Financial Results with Earnings Growth Despite Sales Dip
MillerKnoll, Inc. reported its Q1 Fiscal 2027 financial results, revealing a decrease in net sales to $923.4 million from $955.7 million year-over-year. Despite the sales dip, the company saw an increase in net earnings to $26.6 million and diluted earnings per share to $0.38. Operating cash flow significantly improved to $49.1 million, and total assets remained stable at $4,002.9 million.
Is MillerKnoll’s (MLKN) Growing Order Book a Buy Signal?
MillerKnoll Inc. (NASDAQ: MLKN) is showing signs of fundamental resilience with stabilizing revenue, accelerating operating cash flow, and a strengthening balance sheet, despite a recent dip in net sales. The company's consolidated orders are growing, driven by international contracts and retail segments, which suggests a potential operational recovery. However, challenges like declining North America contract revenue, increased trade friction costs, and a split market sentiment reflected in its low P/E ratio and significant short interest indicate an ongoing "race between an order book that is reaccelerating and a sales line that is still shrinking."
Tariff refunds provide Q1 lift for MillerKnoll, despite sales decline
MillerKnoll Inc. reported higher earnings for the first quarter of fiscal 2027, despite a 3.4% decline in net sales, largely due to $10 million in tariff refunds. The company's diluted EPS increased to 38 cents, and adjusted diluted EPS rose to 53 cents per share. While North America Contract and International Contract sales declined, Global Retail sales saw a 2.6% increase, and MillerKnoll plans to open 14 to 18 new retail stores in fiscal 2027.
MillerKnoll Lowers FY2027 Revenue Outlook as Q1 Sales Fall, Margins Expand
MillerKnoll Inc. (NASDAQ: MLKN) has lowered its fiscal 2027 revenue outlook to $3.88 billion–$4.03 billion, despite maintaining its adjusted EPS forecast of $1.85–$2.15. First-quarter net sales decreased by 3.4% year-over-year to $923.4 million, though organic orders increased by 3.5%. The company's profitability and margins expanded, significantly aided by tariff refunds which contributed an estimated $0.11 to adjusted diluted EPS.
Earnings call transcript: MillerKnoll beats on Q1 2026 EPS, shares rise premarket
MillerKnoll (MLKN) reported fiscal first-quarter adjusted EPS of $0.53, significantly beating analyst estimates of $0.35, while revenue of $923.4 million slightly missed forecasts. The company's shares rose in premarket trading following the mixed results, which showed strong margin expansion and order growth despite a decline in sales. Management maintained its full-year adjusted EPS guidance but lowered its revenue outlook due to softer-than-expected Q1 sales and the impact of new U.S.-Canada tariffs.
MillerKnoll Releases Q1 2027 Financial Results
MillerKnoll, Inc. (MLKN) reported strong Q1 2027 financial results, significantly beating Wall Street expectations with an adjusted EPS of $0.53 against an estimated $0.36. The company posted net income of $26.6M on $923.4M in revenue, despite ongoing challenges in the commercial workspace sector. Management anticipates adjusted EPS between $0.43 and $0.49 for Q2 2027, with revenue projected to be between $972.0M and $1.01B, suggesting potential market stabilization.
MillerKnoll, Inc. Reports First Quarter Fiscal 2027 Results
MillerKnoll Inc. (NASDAQ: MLKN) reported strong first-quarter fiscal year 2027 earnings, exceeding expectations despite softer demand. The company achieved diluted earnings per share of $0.38 and adjusted diluted earnings per share of $0.53, including a $0.11 benefit from tariff refunds. They are focusing on priority setting, disciplined cost management, and strengthening their balance sheet for future growth.
MillerKnoll Q1 Earnings Call Highlights
MillerKnoll reported mixed Q1 fiscal 2027 results, with sales down 3.4% to $923 million but orders up 3.2% to $914 million. Strong international contract and global retail orders were offset by softer North America contract activity. The company achieved adjusted EPS of $0.53, benefiting from IEPA tariff refunds, and updated its full-year sales outlook downward while maintaining its EPS guidance.
MillerKnoll Trims Fiscal 2027 Guidance
MillerKnoll has revised its fiscal 2027 revenue forecast downwards due to a challenging macroeconomic environment and rising energy costs, now expecting sales between $3.88 billion and $4.03 billion. The company reported a 3.4% decline in first-quarter sales, primarily driven by a 6.4% drop in its contract business. Despite these challenges, MillerKnoll improved its cash flow from operations and saw an increase in adjusted operating income, partly aided by tariff refunds.
MillerKnoll Q1 2027 EPS Tops Expectations, Revenue Down 3%
MillerKnoll (MLKN) reported Q1 2027 adjusted EPS of $0.53, significantly beating Wall Street estimates of $0.36, despite a 3.4% decrease in revenue to $923.4 million year-over-year. The earnings outperformance was attributed to cost management and operational efficiency, rather than revenue growth, with the North America Contract segment experiencing a 5.3% decline. Shares reacted negatively, falling 1.6%, reflecting investor concerns over declining revenue, softer order trends, and cautious Q2 EPS guidance.
MillerKnoll, Inc. 2027 Q1 - Results - Earnings Call Presentation (NASDAQ:MLKN) 2026-09-22
This article provides the slide deck published by MillerKnoll, Inc. in conjunction with their Q1 2027 earnings call. The presentation is relevant for investors following the company (NASDAQ:MLKN). It was written by SA Transcripts, Seeking Alpha's transcripts team.
MillerKnoll, Inc. Reports First Quarter Fiscal 2027 Results
MillerKnoll Inc. (NASDAQ: MLKN) has released its first quarter fiscal 2027 results for the period ending August 29, 2026. The company, which is a growth-oriented small-cap value entity in the industrial and consumer sectors, will host a conference call and webcast to discuss these results. Interested parties can access the details via the company's investor relations website or by telephone.
MillerKnoll trims sales forecast after quarterly revenue falls 3.4%
MillerKnoll Inc. has revised its sales forecast downward for the fiscal year after experiencing a 3.4% drop in quarterly revenue. Despite the decrease, the company's executive indicates that business has improved in recent weeks, suggesting that the results are not indicative of an impending economic downturn.
How To Earn $500 A Month From MillerKnoll Stock Ahead Of Q1 Earnings
MillerKnoll, Inc. is set to release its Q1 earnings, and investors are looking at its dividend yield for potential income. The article details how an investor could earn $500 monthly from MLKN's dividends, which currently stand at a 3.53% annual yield with a quarterly payment of 18.75 cents per share. Achieving this would require an investment of about $170,080, or roughly 8,000 shares.
Wellington Management Group LLP Has $28.44 Million Stock Position in MillerKnoll, Inc. $MLKN
Wellington Management Group LLP significantly increased its stake in MillerKnoll, Inc. by 12.8% in the second quarter, now holding 1.39 million shares valued at $28.44 million. MillerKnoll reported strong quarterly earnings, beating analyst estimates with EPS of $0.55 and revenue of $1 billion. The company also declared a quarterly dividend of $0.1875 per share, representing a 3.3% yield.
164,319 Shares in MillerKnoll, Inc. $MLKN Bought by Legal & General Group Plc
Legal & General Group Plc recently acquired 164,319 shares of MillerKnoll, Inc. (NASDAQ:MLKN) for approximately $3.36 million, establishing a 0.24% stake in the company. MillerKnoll reported strong quarterly earnings, beating analyst expectations with $0.55 EPS and $1 billion in revenue, and declared a quarterly dividend of $0.1875. Institutional investors and hedge funds own 87.5% of the company, and analysts currently hold a consensus "Hold" rating on the stock.
Herman Miller Brings Its Design Pedigree to Tigard This Fall
Herman Miller, a renowned furniture brand known for its ergonomic and modern designs, is set to open a new location this fall at Bridgeport Village in Tigard. The MillerKnoll-owned brand, which includes Design Within Reach, will join a growing number of higher-end home furnishing retailers at the mall. This move reflects Bridgeport Village's strategy to become a stronger destination for upscale shoppers in the home furnishing sector.
Bank of New York Mellon Corp Purchases Shares of 416,387 MillerKnoll, Inc. $MLKN
Bank of New York Mellon Corp recently acquired 416,387 shares of MillerKnoll, Inc. (NASDAQ:MLKN) worth approximately $8.5 million, contributing to institutional investors owning 87.5% of the company. MillerKnoll reported strong quarterly earnings, exceeding analyst estimates with an EPS of $0.55 and revenue of $1 billion. The company also declared a quarterly dividend of $0.1875 per share, reflecting an annualized yield of 3.4%.
Empowered Funds LLC Makes New Investment in MillerKnoll, Inc. $MLKN
Empowered Funds LLC has made a significant new investment in MillerKnoll, Inc. (NASDAQ:MLKN), acquiring 335,766 shares valued at approximately $6.87 million, representing 0.49% of the company. Other institutional investors like BlackRock Inc. and Pzena Investment Management LLC also established new positions. MillerKnoll reported strong quarterly results, exceeding revenue and earnings estimates, and declared a quarterly dividend of $0.1875 per share.
Connor Clark & Lunn Investment Management Ltd. Invests $958,000 in MillerKnoll, Inc. $MLKN
Connor Clark & Lunn Investment Management Ltd. has invested $958,000 in MillerKnoll, Inc., acquiring 46,847 shares in the second quarter. Other institutional investors like BlackRock and Pzena Investment Management also established significant new positions, bringing institutional ownership to 87.50%. MillerKnoll reported strong Q2 earnings, beating estimates with $0.55 EPS and $1 billion in revenue, and declared a quarterly dividend of $0.1875 per share, representing a 3.2% yield.
Deutsche Bank AG Makes New Investment in MillerKnoll, Inc. $MLKN
Deutsche Bank AG has made a new investment in MillerKnoll, Inc. (NASDAQ:MLKN), acquiring 71,232 shares worth approximately $1.46 million in the second quarter. MillerKnoll reported strong quarterly results, exceeding expectations with $0.55 EPS and $1 billion in revenue, while also declaring a quarterly dividend of $0.1875 per share, representing a 3.2% yield. Analysts currently hold a consensus "Hold" rating on the stock, with institutional investors collectively owning 87.5% of the company.
Ancora Advisors LLC Takes $1.48 Million Position in MillerKnoll, Inc. $MLKN
Ancora Advisors LLC has acquired a new position in MillerKnoll, Inc. (NASDAQ:MLKN) totaling 72,451 shares valued at approximately $1.48 million, representing 0.11% of the company. Institutional investors collectively own 87.5% of MillerKnoll. The company reported strong quarterly results, with revenue up 4.4% year-over-year and earnings beating analyst estimates, and has declared a quarterly dividend of $0.1875 per share, offering a 3.2% yield.
BlackRock Inc. Makes New $213.05 Million Investment in MillerKnoll, Inc. $MLKN
BlackRock Inc. has made a significant new investment in MillerKnoll, Inc. (NASDAQ:MLKN), acquiring over 10.4 million shares valued at approximately $213.05 million, giving them a 15.29% stake. Other institutional investors have also adjusted their positions in the company, which recently reported strong quarterly earnings and declared a dividend. Despite a consensus "Hold" rating from analysts, the company's stock has shown some upward movement.
MillerKnoll, Inc. to Issue Quarterly Dividend of $0.19 (NASDAQ:MLKN)
MillerKnoll, Inc. (NASDAQ:MLKN) announced a quarterly dividend of $0.1875 per share, payable on October 15th to shareholders of record as of August 29th. The dividend represents an annualized yield of 3.2% and has an ex-dividend date of August 28th. The company's payout ratio of 31.1% indicates the dividend is well-covered by earnings, with analysts projecting $2.40 EPS next year against an annual dividend of $0.75.
Herman Miller OK’d for St. Johns Town Center build-out
Herman Miller, known for its functional office and home furnishings, is preparing to open a new 2,412-square-foot store in St. Johns Town Center, Jacksonville. The new location will be situated in part of the former Disney Store near Nordstrom. The city has issued permits for the build-out, which involves an investment of over $700,000 for construction and space modifications.
Landscape Capital Management L.L.C. Invests $2.23 Million in MillerKnoll, Inc. $MLKN
Landscape Capital Management L.L.C. has invested approximately $2.23 million in MillerKnoll, Inc. by purchasing 108,835 shares, giving it a 0.16% stake in the company. Other institutional investors also adjusted their holdings, with institutional ownership collectively at 87.5%. MillerKnoll recently reported strong Q2 earnings, exceeding analyst expectations, and announced a quarterly dividend, while analysts maintain an overall "Hold" rating on the stock.
Bank of America Corp DE Buys 113,932 Shares of MillerKnoll, Inc. $MLKN
Bank of America Corp DE increased its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 15.8% in the first quarter, purchasing an additional 113,932 shares to own a total of 836,007 shares valued at $12.089 million. Other institutional investors also modified their holdings, with the stock currently 87.50% owned by institutional investors. MillerKnoll reported strong Q2 earnings, beating analyst estimates, and announced a quarterly dividend of $0.1875 per share.
ETFs Investing in MillerKnoll, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold MillerKnoll, Inc. stocks, providing key details for each fund. The list is sorted by market value and includes information such as issuer, management style, focus, expense ratio, assets under management (AUM), price, change percentage, and 3-year NAV total return. The ETFs primarily focus on small-cap investments, with several also incorporating value, industrial, or ESG strategies.
Pzena Investment Management LLC Invests $62.05 Million in MillerKnoll, Inc. $MLKN
Pzena Investment Management LLC has acquired a significant new stake in MillerKnoll, Inc. (NASDAQ:MLKN), purchasing 3.03 million shares valued at approximately $62.05 million, which represents a 4.45% ownership. This comes as MillerKnoll reported strong quarterly earnings, beating analyst estimates with $0.55 EPS and $1 billion in revenue, a 4.4% year-over-year increase. Despite the positive financial performance and a declared quarterly dividend of $0.1875, analysts currently maintain a "Hold" rating on the stock.
Miller Knoll Announces Great Place to Work Certification
MillerKnoll, a global design company, has achieved Great Place to Work® Certified™ status in the United States for the third consecutive year for 2026-2027. This certification highlights the company's commitment to a strong employee experience, fostering a culture of collaboration, innovation, and trust. MillerKnoll's score across all categories has increased, underscoring its growth in credibility, respect, fairness, pride, and camaraderie, supported by various employee programs and a focus on long-term career development.
Renaissance Technologies LLC Makes New $2.69 Million Investment in MillerKnoll, Inc. $MLKN
Renaissance Technologies LLC has invested $2.69 million in MillerKnoll, Inc. (MLKN), acquiring 186,183 shares, which represents about 0.27% of the company. MillerKnoll reported strong quarterly results, exceeding revenue and EPS expectations, and declared a quarterly dividend of $0.1875 per share. Analysts currently maintain a consensus "Hold" rating on the stock.
Sei Investments Co. Raises Stock Holdings in MillerKnoll, Inc. $MLKN
Sei Investments Co. significantly increased its stake in MillerKnoll, Inc. by 208.6% in the first quarter, now holding 234,431 shares valued at $3.39 million. Other institutional investors also adjusted their positions, with collective institutional ownership reaching 87.5%. MillerKnoll reported strong quarterly earnings, beating estimates with $0.55 EPS and a 4.4% revenue increase, and announced a quarterly dividend of $0.1875 per share, yielding 3.1%.
FMR LLC updates MillerKnoll Inc (MLKN) holding with 2.09M-share 3.1% stake
FMR LLC has filed an amended Schedule 13G, disclosing a 3.1% beneficial ownership stake in MillerKnoll Inc. (MLKN), amounting to 2,092,428 shares as of June 30, 2026. FMR LLC holds sole voting power over 2,092,146 shares and sole dispositive power over all 2,092,428 shares. Abigail P. Johnson also holds sole dispositive power over the same number of shares, with no voting power.
MLKN insider Andrea Ruth Owen files Rule 144 notice to sell shares
Andrea Ruth Owen, an insider at MillerKnoll, Inc. (MLKN), has filed a Rule 144 notice indicating her intent to sell 95,228 shares of common stock, valued at approximately $2.3 million as of August 5, 2026. The filing also details previous stock sales by Owen within the last three months and outlines upcoming equity awards from restricted stock and performance stock units. This notice provides transparency regarding insider stock transactions and potential changes in stock supply.
MillerKnoll Inc stock hits 52-week high at 24.44 USD
MillerKnoll Inc stock reached a new 52-week high of $24.44, representing a 35% year-to-date increase. Despite positive fiscal fourth-quarter 2026 earnings that beat Wall Street expectations, concerns remain regarding softer orders and a lower backlog. InvestingPro analysis suggests the stock is undervalued, highlighting its 56-year dividend payment history with a current yield of 3.11%.
MillerKnoll (MLKN) Stock May Be Undervalued As Cash Flow Holds Up
MillerKnoll (MLKN) stock has shown a 35.6% return over the past three years, yet its valuation suggests it might still be undervalued, particularly on an earnings multiple basis. While its P/E ratio of 18.0x is above some direct peers, it's below the broader Commercial Services industry average and a fair P/E of 23.7x. The company's ability to maintain resilient margins and strong cash generation will be crucial in determining if the current earnings multiple offers further upside or reflects a fair price given the risks.
MillerKnoll (MLKN) details RSU exercise, share awards and withholding
MillerKnoll's President Global Retail, Debbie F. Propst, reported exercising 10,783 Restricted Stock Units (RSUs) and receiving common shares from Performance Share Units (PSUs) on August 1, 2026. After these transactions, she holds 66,604 RSUs. Additionally, 11,166.412 shares were withheld at $22.52 per share to cover tax obligations.
MillerKnoll (NASDAQ:MLKN) Hits New 1-Year High - Here's Why
MillerKnoll (NASDAQ:MLKN) shares have reached a new 52-week high of $23.85, supported by strong trading above moving averages and exceeding quarterly earnings and revenue expectations. The company reported $0.55 EPS against a $0.52 consensus and $1 billion in revenue, a 4.4% year-over-year increase. Despite a cautious "Hold" rating from analysts, MillerKnoll declared a quarterly dividend of $0.1875 per share, yielding 3.1% annually.
Empowered Funds LLC Acquires 55,313 Shares of MillerKnoll, Inc. $MLKN
Empowered Funds LLC increased its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 21.3% in the first quarter, purchasing an additional 55,313 shares to bring its total holdings to 315,409 shares valued at approximately $4.6 million. Other institutional investors also adjusted their positions in the company, with hedge funds and institutional investors collectively owning 87.50% of the stock. MillerKnoll recently reported strong quarterly earnings, exceeding estimates, and declared a quarterly dividend of $0.1875 per share, representing a 3.3% yield.
Dimensional Fund Advisors LP Acquires 103,372 Shares of MillerKnoll, Inc. $MLKN
Dimensional Fund Advisors LP increased its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 2.9% in the first quarter, now owning 3,610,776 shares valued at $52,211,000. Other institutional investors also adjusted their positions in the company. MillerKnoll recently reported earnings that surpassed analyst estimates and declared a quarterly dividend of $0.1875.
MillerKnoll, Inc. $MLKN Shares Sold by Hsbc Holdings PLC
HSBC Holdings PLC significantly reduced its stake in MillerKnoll, Inc. by 59.8% in the first quarter, selling 48,208 shares and retaining 32,351 shares. Despite this, institutional investors collectively own 87.5% of the company. MillerKnoll reported strong quarterly results with revenue up 4.4% year-over-year and EPS exceeding estimates, and reaffirmed its fiscal 2027 EPS guidance.
Arrowstreet Capital Limited Partnership Purchases 366,726 Shares of MillerKnoll, Inc. $MLKN
Arrowstreet Capital Limited Partnership has increased its stake in MillerKnoll, Inc. (NASDAQ:MLKN) by 41.1%, acquiring an additional 366,726 shares in the first quarter to own a total of 1,259,388 shares valued at $18.21 million. Other institutional investors also adjusted their positions in the company. MillerKnoll recently announced a quarterly dividend of $0.1875 per share, and analysts currently rate the stock as a "Hold."
MillerKnoll (NASDAQ:MLKN) Reaches New 52-Week High - Here's What Happened
MillerKnoll (NASDAQ:MLKN) shares recently hit a new 52-week high of $23.41 after the company reported strong quarterly earnings, beating analyst expectations with $0.55 EPS and $1 billion in revenue. Despite this positive performance, analysts maintain a "Hold" rating on the stock. The company also declared a quarterly dividend of $0.1875 per share, offering a 3.2% yield.
MillerKnoll Inc stock hits 52-week high at 23.21 USD
MillerKnoll Inc (NASDAQ: MLKN) stock reached a 52-week high of $23.21, with shares surging over 6.5% in the past week and nearly 26% year-to-date. Despite positive investor sentiment and recent strong earnings, concerns remain regarding softer orders and a lower backlog. InvestingPro analysis suggests the stock is undervalued and highlights the company's 56-year dividend payment streak.
Herman Miller advances St. Johns Town Center plans
Herman Miller is moving forward with plans to open a new 2,412-square-foot store in St. Johns Town Center in Jacksonville, Florida. The location, which is being created from a split in the former Disney Store space, is currently under city review for a significant build-out. This new store will be one of 91 Herman Miller and Design Within Reach locations, and among six in Florida, bringing its range of home and office furnishings to the area.
Wall Street Zen Downgrades MillerKnoll (NASDAQ:MLKN) to Hold
Wall Street Zen downgraded MillerKnoll (NASDAQ:MLKN) from a "buy" to a "hold" rating, contributing to a mixed analyst view that now results in a consensus "Hold" rating for the stock. The company recently surpassed quarterly expectations with EPS of $0.55 and revenue of $1 billion, and its shares opened at $22.08, close to their 52-week high, with high institutional ownership. Other analysts have also adjusted their ratings, reflecting varied opinions on the company's performance and future outlook.
MillerKnoll Inc (MLKN) Institutional Confidence
MillerKnoll Inc (MLKN) has an institutional shareholding score of 10.00, placing it first in its industry. The institutional shareholding proportion is 109.84%, a 13.18% increase quarter-over-quarter. Richard Pzena is the largest institutional shareholder with 1.76M shares, representing 2.92% of shares outstanding.
MillerKnoll, Inc. Revenue Breakdown – NASDAQ:MLKN
MillerKnoll, Inc. (NASDAQ: MLKN) reported total revenue of $3.84 billion USD last year. The North America Contract segment was the top performer, generating $2.06 billion USD, an increase from $1.97 billion USD in the prior year. The United States was the largest geographical contributor, accounting for $2.75 billion USD of the company's revenue.
