MillerKnoll (NASDAQ:MLKN) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

MillerKnoll (NASDAQ:MLKN) announced its earnings results on Wednesday. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.52 by $0.03, FiscalAI reports. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $973.87 million. MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. MillerKnoll updated its FY 2027 guidance to 1.850-2.150 EPS and its Q1 2027 guidance to 0.330-0.390 EPS.

Here are the key takeaways from MillerKnoll’s conference call:

• MillerKnoll reported fourth-quarter revenue of just over $1 billion, up 4.4% year over year and above guidance, with adjusted EPS of $0.55 at the top end of expectations.
• For fiscal 2026, the company generated $3.8 billion in net sales and adjusted EPS of $1.86, while also producing $200 million of operating cash flow and reducing debt by $41 million.
• North America Contract delivered solid sales growth and margin expansion in the quarter, and management said demand indicators such as funnel activity, project wins, showroom traffic, and leasing trends remain encouraging.
• Global Retail continued to gain share, with comparable sales up 3.6% in the quarter and management expecting operating margin expansion in each quarter of fiscal 2027 as new stores mature.
• Management is shifting its retail strategy toward more smaller Herman Miller stores and is addressing Holly Hunt underperformance through restructuring, cost alignment, and leadership changes.

MillerKnoll Trading Up 7.3%

Shares of MLKN stock opened at $17.24 on Thursday. The firm has a market capitalization of $1.18 billion, a P/E ratio of 123.14, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. MillerKnoll has a 1 year low of $13.77 and a 1 year high of $23.18. The firm’s fifty day simple moving average is $15.88 and its 200 day simple moving average is $17.72. The company has a current ratio of 1.64, a quick ratio of 0.92 and a debt-to-equity ratio of 0.96.

MillerKnoll Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Saturday, May 30th will be given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.75 dividend on an annualized basis and a yield of 4.4%. MillerKnoll’s payout ratio is 535.71%.

Analyst Ratings Changes

MLKN has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MillerKnoll in a research report on Friday, April 24th. Zacks Research raised MillerKnoll from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Key MillerKnoll News

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: Fiscal Q4 earnings of $0.55 per share topped estimates of $0.52, while revenue of about $1.0 billion also beat forecasts, signaling better-than-expected demand and execution. MillerKnoll, Inc. Reports Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Management’s outlook for fiscal 2027 was broadly in line to slightly above expectations on revenue, and the company highlighted a focus on cost control, cash flow, debt reduction, and smaller-format retail growth. MillerKnoll Q4 Earnings Call Puts Focus on Retail Discipline
• Neutral Sentiment: The earnings call transcript and recap articles reinforce that investors are focusing on margin discipline and the company’s longer-term restructuring and growth plans rather than any one-off headline. MillerKnoll, Inc. (MLKN) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Some coverage described the quarter as strong and the outlook as encouraging, which supports the positive tone, but these reports largely repeat the same earnings beat and guidance story. MillerKnoll Shines Bright in Contract and Design Industry: Strong Q4 2026 Results and Exciting Outlook
• Negative Sentiment: Even with the beat, earnings per share were below last year’s $0.60, and the company’s FY2027 EPS guidance range of 1.85 to 2.15 sits below the current consensus estimate, which could temper enthusiasm. MillerKnoll (MLKN) Q4 Earnings and Revenues Surpass Estimates

Institutional Trading of MillerKnoll

Several hedge funds and other institutional investors have recently bought and sold shares of MLKN. Royal Bank of Canada increased its holdings in shares of MillerKnoll by 39.4% during the 1st quarter. Royal Bank of Canada now owns 19,451 shares of the company’s stock worth $373,000 after purchasing an additional 5,495 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in MillerKnoll by 2.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company’s stock worth $775,000 after buying an additional 801 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in MillerKnoll by 7.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 197,932 shares of the company’s stock worth $3,788,000 after buying an additional 13,099 shares in the last quarter. Jane Street Group LLC increased its stake in MillerKnoll by 311.8% during the first quarter. Jane Street Group LLC now owns 414,275 shares of the company’s stock valued at $7,929,000 after acquiring an additional 313,684 shares during the period. Finally, Hsbc Holdings PLC increased its stake in MillerKnoll by 177.3% during the second quarter. Hsbc Holdings PLC now owns 28,704 shares of the company’s stock valued at $553,000 after acquiring an additional 18,354 shares during the period. 87.50% of the stock is currently owned by institutional investors and hedge funds.

MillerKnoll Company Profile

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.