MillerKnoll(MLKN) - 2026 Q2 - Earnings Call Presentation

Company Overview - MillerKnoll's FY25 revenue reached $3.7 billion[10] - The company has a global presence with dealers in over 110 countries[10] - MillerKnoll operates through three segments: North America Contract (54%), Global Retail (28%), and International Contract (18%)[11] Financial Performance - FY25 Adjusted Earnings Per Share was $1.95[44] - FY25 Adjusted EBITDA was $360 million[44] - FY25 Free Cash Flow was $102 million[47] Recent Quarterly Trends (Q2 FY26) - Net sales were $955.2 million, a decrease of 1.6% from the prior year[56, 57] - Orders increased 5.5% from the prior year[57] - Adjusted Earnings Per Share was $0.43[57] Q3 FY26 Guidance - Revenue is projected to be between $923 million and $963 million[63] - Gross Margin % is expected to be between 37.9% and 38.9%[63] - Adjusted Earnings Per Share, Diluted is guided to be $0.42 to $0.48[63] Debt and Liquidity - Cash balance as of Q2 FY26 is $180 million[50] - Long-term debt as of Q2 FY26 is $1.321 billion[50] - Net Debt to EBITDA Ratio is 2.87x[50]