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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.

Rhea-AI Summary
Herman Miller, in celebration of its 100th anniversary, has partnered with Wright to launch a curated collection of 100 rare vintage pieces. The collection includes iconic and hard-to-find pieces, featuring custom fabrics and remarkable patina. The full collection will be available online starting September 20, with select pieces showcased in New York, Los Angeles, and Chicago. Herman Miller continues to prioritize sustainability with programs like rePurpose.
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Rhea-AI Summary

MillerKnoll (NASDAQ: MLKN) will host a virtual fireside chat on March 30, 2023, at 3:00 pm ET. Key executives including Jeff Stutz, CFO, and John Michael, President, will discuss market fundamentals and the return to office trends. This event aims to provide insights into current market dynamics impacting the company.

Interested participants can join via Zoom, with an archive available post-event.

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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.

MillerKnoll, Inc.

Nasdaq:MLKN

MLKN Rankings

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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