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MillerKnoll, Inc. (MLKN) faces macroeconomic headwinds but shows revenue growth through new product launches, store expansions, and strong North American retail orders. The company's backlog grew 7.4% Y/Y, and a 4.5% list price increase in June 2025 should support future revenue growth. Margin pressures from tariffs are mitigated by price increases, cost-reduction initiatives, and alternative sourcing, ensuring long-term revenue and margin growth potential.
MillerKnoll shows promise with a strong brand lineup and improving cash flow, but faces challenges like thin margins, high debt, and inconsistent retail results. Q3 2025 highlights include a slight EPS beat, strong North American contract business, and notable retail growth, especially among higher-income consumers. Despite some positive signs, the company's valuation reflects market concerns about revenue stability, profit consistency, and economic exposure, leading to a continued Hold rating.
MillerKnoll (MLKN) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.45 per share a year ago.
MillerKnoll, Inc. (NASDAQ:MLKN ) Q3 2025 Results Conference Call March 27, 2025 5:00 PM ET Company Participants Wendy Watson - VP of IR Jeff Stutz - CFO Andi Owen - CEO Debbie Propst - President, Global Retail John Michael - President, Americas Contract Conference Call Participants Brian Gordon - Water Tower Research Greg Burns - Sidoti and Co Alex Fuhrman - Craig-Hallum Reuben Garner - The Benchmark Company Operator Good evening, and welcome to MillerKnoll's Quarterly Earnings Conference Call. As a reminder, this call is being recorded.
ZEELAND, Mich. , March 26, 2025 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ: MLKN) today reported results for the third quarter of fiscal year 2025 ended March 1, 2025.
MLKN's third-quarter fiscal 2025 results are likely to reflect improved demand and strong order growth, amid higher operating expenses.
ZEELAND, Mich. , Feb. 27, 2025 /PRNewswire/ -- MillerKnoll, a collective of dynamic design brands, has received approval from the Science Based Targets initiative (SBTi) for its near-term science-based emissions reduction targets covering its global activities.
ZEELAND, Mich. , Feb. 26, 2025 /PRNewswire/ -- MillerKnoll, Inc. ("MillerKnoll" or the "Company") (NASDAQ: MLKN) will release its fiscal 2025 third quarter financial results on Wednesday, March 26, 2025, after the stock market closes.
Centered on Carbon, Materials, and Circularity, Strategy Aims for Net-Zero by 2050 ZEELAND, Mich. , Feb. 4, 2025 /PRNewswire/ -- MillerKnoll, a global collective of dynamic design brands, has unveiled a new sustainability strategy and published its 2024 Better World Report, detailing the company's efforts to design a better future for MillerKnoll associates, communities around the globe, and the planet we share.
MLKN's first-quarter fiscal 2025 results reflect soft housing demand trends marring growth prospects across the segments and increased operating expenses.