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MillerKnoll, Inc. - MLKN STOCK NEWS

Welcome to our dedicated page for MillerKnoll news (Ticker: MLKN), a resource for investors and traders seeking the latest updates and insights on MillerKnoll stock.

MillerKnoll, Inc. (NASDAQ: MLKN) is a leading global company specializing in interior furnishings. The company, formed from the merger of Herman Miller and Knoll, is renowned for its innovative designs and high-quality products. MillerKnoll operates through three primary segments: Americas Contract, International Contract & Specialty, and Global Retail. These segments cater to a diverse range of customers including businesses, independent retailers, and direct consumers through various channels such as direct sales, online stores, and catalogs.

MillerKnoll boasts an impressive portfolio of brands which includes Herman Miller, Knoll, Design Within Reach, and Muuto, among others. This collective drives the company’s mission to design the world we live in, with a strong emphasis on sustainability and creating products that endure through generations.

Recently, MillerKnoll has achieved significant milestones. In September 2023, Herman Miller launched an exclusive 100-piece capsule collection of rare vintage pieces in collaboration with Wright, celebrating its 100th anniversary. The first MillerKnoll showroom was also unveiled in Dallas, combining the best of Herman Miller and Knoll brands, showcasing the company's expanded design capabilities. Financially, MillerKnoll has demonstrated resilience amid challenging macroeconomic conditions, maintaining strong gross margin expansions and a solid balance sheet with a liquidity position of $583.1 million as of December 2, 2023.

MillerKnoll continues to focus on strategic growth, digital innovation, and operational efficiency, positioning itself for future growth despite current market challenges. With a dedication to quality, sustainability, and design excellence, MillerKnoll is poised to redefine modern living for the 21st century.

News

MillerKnoll Schedules Third Quarter Fiscal 2024 Conference Call and Webcast

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MillerKnoll, Inc. (MLKN) will release its Q3 fiscal 2024 financial results on March 27, 2024, followed by a conference call and webcast. Participants can access the call via webcast or phone.
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MillerKnoll, Inc. Reports Second Quarter Fiscal 2024 Results

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MillerKnoll Inc. (NASDAQ: MLKN) reported results for Q2 FY 2024, with a 28.3% increase in adjusted earnings per share and a 470 basis point improvement in consolidated gross margin. Despite an 11.0% decline in net sales, the company achieved significant overall profit growth.
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MillerKnoll Schedules Second Quarter Fiscal 2024 Conference Call and Webcast

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MillerKnoll, Inc. (MLKN) will release its financial results for Q2 fiscal 2024 on December 20, 2023, after the stock market closes. The Company will host a conference call and webcast at 5:00 p.m. Eastern time on the same day to discuss the results.
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Herman Miller expands OE1 Workspace Collection designed by Sam Hecht and Kim Colin of Industrial Facility

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Herman Miller (MLHR) introduces new products in the OE1 Workspace Collection, including the Sit-to-Stand Table, Powerbox, and Power Tray, designed to enhance agility and productivity in modern workspaces. The collection offers a wide variety of configurations and colors, enabling quick adaptation to changing business goals and personal preferences with minimal disruption. The new products provide height-adjustable desks, portable power solutions, and additional workspace accessories, expanding the flexibility and functionality of the collection.
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Herman Miller and Design Within Reach (DWR) Bring 3D Product Visualization to Retail Sites

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3D Cloud by Marxent, in collaboration with Herman Miller and Design Within Reach, has launched 3D product configurators for several top-performance seating products on their North American retail websites. This technology allows customers, designers, and trade professionals to visualize every possible combination, get accurate pricing, and download images at any stage in the process.
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MillerKnoll Issues 2023 Better World Report, Detailing Strides to Design a Better World

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MillerKnoll publishes its 2023 Better World report highlighting sustainability goals, community impact, and DEIB
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MillerKnoll, Inc. Reports First Quarter Fiscal 2024 Results

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MillerKnoll Inc. reported Q1 FY2024 results with increased adjusted earnings guidance and improved gross margin. Americas Contract segment saw significant profit improvement with operating margin expansion. Organic order growth of 2.1% in Americas Contract segment. Net sales decreased by 14.9% and gross margin increased by 450 basis points. Operating expenses decreased by 1.1%. Adjusted earnings per share decreased by 15.9%. Liquidity position at $561.3 million. Run-rate cost synergies achieved $142 million. Q2 FY2024 net sales expected to range between $950 million to $990 million. Full year FY2024 adjusted diluted earnings expected in the range of $1.85 and $2.15 per share.
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'Break the Meta': Herman Miller Gaming and G2 Esports Launch Limited-Edition Embody Gaming Chair

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G2 Esports and Herman Miller Gaming release limited-edition Embody Gaming Chair
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First MillerKnoll Showroom Debuts in Dallas, Texas

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MillerKnoll opens first showroom in Dallas, Texas, combining Herman Miller and Knoll brands. Showroom features dedicated suites for each brand and products from other brands. Showroom will be open for customer tours starting September 18.
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Herman Miller Introduces Fuld Nesting Chair Designed by Stefan Diez

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Herman Miller introduces Fuld Nesting Chair designed in collaboration with Stefan Diez, enabling flexible configurations for workspaces. Fuld's refreshing aesthetic and variety of colors make it a standout among nesting chairs. The chair's minimalistic design prioritizes sustainability and innovation, with easy recycling at the end of its lifecycle. The chair was announced as a MetropolisLikes Award Winner and will be available for purchase through Herman Miller and MillerKnoll dealers.
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FAQ

What is the current stock price of MillerKnoll (MLKN)?

The current stock price of MillerKnoll (MLKN) is $22.8 as of November 1, 2024.

What is the market cap of MillerKnoll (MLKN)?

The market cap of MillerKnoll (MLKN) is approximately 1.6B.

What does MillerKnoll, Inc. do?

MillerKnoll, Inc. designs, manufactures, and sells interior furnishings globally through its various segments and brand portfolio.

What are the primary segments of MillerKnoll, Inc.?

The primary segments are Americas Contract, International Contract & Specialty, and Global Retail.

Who are some of the brands under MillerKnoll, Inc.?

Some brands under MillerKnoll include Herman Miller, Knoll, Design Within Reach, and Muuto.

How does MillerKnoll sell its products?

MillerKnoll sells its products through owned and independent retailers, direct customer sales, online stores, and direct-mail catalogs.

What recent collaborations has MillerKnoll engaged in?

MillerKnoll, through Herman Miller, launched a 100-piece vintage collection in collaboration with Wright to celebrate its 100th anniversary.

What financial performance did MillerKnoll report in the latest quarter?

As of December 2, 2023, MillerKnoll reported consolidated net sales of $949.5 million and maintained a liquidity position of $583.1 million.

Where is the new MillerKnoll showroom located?

The new MillerKnoll showroom is located in Dallas, Texas.

What are some of MillerKnoll’s strategies for future growth?

MillerKnoll focuses on strategic growth through digital innovation, operational efficiency, and sustainability practices.

How does MillerKnoll address sustainability?

MillerKnoll emphasizes sustainability by producing durable products and implementing programs to keep furniture out of landfills.

What is MillerKnoll's approach to design?

MillerKnoll prioritizes original, timeless design that makes an enduring impact and fosters a sustainable and equitable future.

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MillerKnoll, Inc.

Nasdaq:MLKN

MLKN Rankings

#2148 Ranked by Market Cap
#988 Ranked by Dividends

MLKN Stock Data

1.58B
69.17M
1.07%
95.47%
2.28%
Furnishings, Fixtures & Appliances
Office Furniture
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United States of America
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