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Tuesday, September 22, 2026

MillerKnoll Non-GAAP EPS of $0.53 beats by $0.18, revenue of $923.4M misses by $19.9M

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  • MillerKnoll press release (MLKN): Q1 Non-GAAP EPS of $0.53 beats by $0.18.
  • Revenue of $923.4M (-3.4% Y/Y) misses by $19.9M.
  • Orders of $913.9 million, up 3.2% as reported and up 3.5% organically, year-over-year
  • Q2 FY2027

    Net sales

    $972 million to $1.012 billion vs $1.01B consensus 

    Gross margin %

    38.3% to 39.3%

    Adjusted operating expenses*

    $321 million to $331 million

    Interest and other expense, net

    $15.8 million to $16.8 million

    Adjusted effective tax rate*

    21% to 23%

    Adjusted earnings per share - diluted*

    $0.43 to $0.49 vs $0.46 consensus

  • Shares -1.5% PM.
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