MillerKnoll, Inc. (DE:MHR)
NASDAQ:MHR
Earnings Data
Report Date
Jul 01, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.45Last Year’s EPS
0.52Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call showed multiple clear strengths — solid top-line growth, strong order momentum, gross margin expansion, healthy cash generation, debt reduction, and continued retail expansion — alongside notable near-term headwinds: weather-driven retail softness, margin pressure in Retail and International, and an explicit short-term impact from the Middle East conflict (including ~$12M of unshipped orders and an $8–9M quarterly profit drag). Management emphasized disciplined execution, scenario planning, and the capacity to offset some tariff/transport impacts, and provided guidance that incorporates current geopolitical risks.Company Guidance
Consolidated Revenue and Orders Growth
Consolidated net sales of $927 million, up 5.8% year-over-year (3.8% organic). Consolidated orders of $932 million, up 9.2% year-over-year (7.2% organic). Consolidated backlog of $712 million, up 3.7% year-over-year.
Improving Consolidated Gross Margin
Third-quarter consolidated gross margin increased 20 basis points to 38.1%, driven primarily by strength in North America Contract.
North America Contract Performance
NAC net sales $489 million, up 4.4% reported (4.1% organic). Orders $491 million, up 13.1% reported (12.8% organic). Operating margin 8.6%; adjusted operating margin 9.8%, up 70 basis points year-over-year driven by gross margin expansion and operating efficiency.
Global Retail Top-Line Momentum
Global Retail net sales $281 million, up 7.1% reported (4.4% organic). Segment comparable sales increased 5.5%; North America comparable sales up 3.9%. Orders $280 million, up 7.9% reported (5.1% organic). Expanded store footprint with three new stores in Q3 and plan for 14–15 new US stores in fiscal year.
International Strength in Key Regions
International Contract saw sales strength in India, China, Japan, Southern Europe, Germany, and the UK, supporting margins and growth in underpenetrated markets despite regional choppiness.
Cash Generation, Liquidity and Deleveraging
Generated $61 million in cash flow from operations in the quarter, reduced debt by $41 million, lowering net debt to EBITDA to 2.75x (progress toward 2.0–2.5x target). Finished the quarter with $594 million in liquidity.
Capital Allocation and Shareholder Returns
Board declared quarterly cash dividend of $0.1875 per share (annual indicated $0.75 per share), representing a 3.9% yield based on the recent closing price; maintained focus on balancing growth investments with debt reduction and dividends.
Operational Excellence and Manufacturing Advantage
Celebrated 30th anniversary of MKPS (MillerKnoll Performance System) in manufacturing, a key competitive advantage enabling efficient, high-quality production across the footprint.
DE:MHR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:MHR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | €16.10 | €14.00 | -13.04% |
Dec 17, 2025 | €13.97 | €15.36 | +9.93% |
Sep 23, 2025 | €16.25 | €15.57 | -4.22% |
Jun 25, 2025 | €14.55 | €15.62 | +7.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MillerKnoll, Inc. (DE:MHR) report earnings?
MillerKnoll, Inc. (DE:MHR) is schdueled to report earning on Jul 01, 2026, After Close (Confirmed).
What is MillerKnoll, Inc. (DE:MHR) earnings time?
MillerKnoll, Inc. (DE:MHR) earnings time is at Jul 01, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of MillerKnoll, Inc. stock?
The P/E ratio of MillerKnoll is N/A.
What is DE:MHR EPS forecast?
DE:MHR EPS forecast for the fiscal quarter 2026 (Q4) is 0.45.
