MillerKnoll Reports Q1 Fiscal 2027 Results; Lowers Full-Year Sales Outlook
1 report, 1 independent
Updated Sep 22
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What happened
MillerKnoll reported its first-quarter fiscal 2027 results for the quarter ending August 29, 2026. Consolidated net sales totaled $923 million, marking a 3.4% year-over-year decline. During the quarter, the company benefited from approximately $0.11 per-share in adjusted diluted earnings due to refunds of previously expensed IEPA tariffs.
From yahoo.com
Why it matters
The company increased consolidated orders by 3.2% to $914 million, though management noted varied demand across its segments. Due to the headwinds, MillerKnoll lowered its full-year sales outlook to between $3.88 billion and $4.03 billion while maintaining adjusted EPS guidance of $1.85 to $2.15.
From yahoo.com
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Nasdaq
American fully electronic stock exchange