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MillerKnoll Shares Drop 9% Despite Earnings Beat And Strong Revenue Growth
Financial Modeling Prep· 2025-09-24 19:17
Core Insights - MillerKnoll Inc. reported fiscal first-quarter results that exceeded expectations, with revenue of $955.7 million, a 7.5% year-over-year increase, and adjusted earnings per share of $0.45, surpassing the anticipated $0.34 [1][2] Financial Performance - The company's revenue growth was supported across various business segments, continuing the momentum from the previous quarter's 8.2% sales increase [2] - For the second quarter, MillerKnoll guided revenue expectations between $926 million and $966 million, slightly below the consensus of $960.7 million, while adjusted EPS is forecasted to be between $0.38 and $0.44, compared to the analyst expectation of $0.41 [2]