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MillerKnoll, Inc. Reports Fiscal 2025 Results

MillerKnoll, Inc. Reports Fiscal 2025 Results

MillerKnoll, Inc. ( (MLKN) ) has released its Q4 earnings. Here is a breakdown of the information MillerKnoll, Inc. presented to its investors.

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MillerKnoll, Inc., a growth-oriented small-cap value company in the industrial and consumer sectors, is known for its design and manufacturing of furniture and related products. The company operates through a diverse portfolio of brands, including Herman Miller and Knoll, and focuses on creating sustainable and modern design solutions.

In its latest earnings report, MillerKnoll, Inc. announced its financial results for the fourth quarter and full fiscal year 2025, which ended on May 31, 2025. The company reported an increase in net sales for both the quarter and the fiscal year, with notable growth in orders and a reduction in operating expenses. Despite these positive trends, the company faced challenges with decreased gross margins and reported a net loss for the fiscal year.

Key financial highlights include a fourth-quarter net sales increase of 8.2% year-over-year, reaching $961.8 million, and a 1.1% increase in full-year net sales to $3.7 billion. The company’s operating margin improved to 5.7% in the fourth quarter, compared to 2.7% in the previous year. However, the adjusted earnings per share for the year decreased by 6.3% to $1.95. The company also highlighted its strategic efforts, such as restructuring charges related to workforce reductions and the opening of new retail stores.

Looking ahead, MillerKnoll’s management expressed optimism about the company’s growth prospects, citing positive order trends and operational strength. The company plans to continue investing in growth opportunities while navigating dynamic macroeconomic conditions. With a strong balance sheet and liquidity, MillerKnoll aims to leverage its diverse brand portfolio to drive future success.

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