MillerKnoll (NASDAQ:MLKN) Updates FY 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.850-2.150 for the period, compared to the consensus earnings per share estimate of 2.020. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $4.0 billion. MillerKnoll also updated its Q2 2027 guidance to 0.430-0.490 EPS.

MillerKnoll Stock Performance

MillerKnoll stock opened at $20.29 on Wednesday. The stock’s 50-day moving average is $22.52 and its 200-day moving average is $18.88. MillerKnoll has a 12 month low of $13.77 and a 12 month high of $24.71. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.58 and a quick ratio of 0.90. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 15.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.36.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings data on Tuesday, September 22nd. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.18. The company had revenue of $923.40 million during the quarter, compared to analysts’ expectations of $940.93 million. MillerKnoll had a net margin of 2.38% and a return on equity of 9.77%. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.45 EPS. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q2 2027 guidance at 0.430-0.490 EPS. Equities analysts anticipate that MillerKnoll will post 2.02 earnings per share for the current year.

MillerKnoll Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Saturday, August 29th will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $0.75 annualized dividend and a yield of 3.7%. MillerKnoll’s dividend payout ratio is presently 56.82%.

Analyst Upgrades and Downgrades

MLKN has been the subject of several research reports. Weiss Ratings upgraded shares of MillerKnoll from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. Benchmark raised shares of MillerKnoll to a “hold” rating in a research note on Thursday, September 17th. Wall Street Zen lowered shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. Finally, Zacks Research raised MillerKnoll from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Key MillerKnoll News

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: Adjusted EPS significantly beat expectations. MillerKnoll reported quarterly EPS of $0.53, exceeding the $0.35 analyst consensus by $0.18 and improving from $0.45 a year earlier. The earnings outperformance was attributed to disciplined execution and cost management. MillerKnoll Q1 2027 EPS Tops Expectations, Revenue Down 3%
• Positive Sentiment: Profitability initiatives are supporting results. Despite lower sales, MillerKnoll maintained a 2.38% net margin and generated a 9.77% return on equity, suggesting that expense control is cushioning demand pressure. MillerKnoll Shines Despite Revenue Headwinds
• Neutral Sentiment: Fiscal 2027 EPS guidance is broadly in line with expectations. The company forecast EPS of $1.85–$2.15, compared with consensus of $2.02, while second-quarter EPS guidance of $0.43–$0.49 brackets the $0.46 consensus estimate. MillerKnoll Releases FY 2027 Earnings Guidance
• Negative Sentiment: Revenue remains the main concern. First-quarter revenue fell 3.4% year over year to $923.4 million, missing the $940.9 million consensus estimate. MillerKnoll also guided to fiscal-year revenue of $3.9–$4.0 billion, with the midpoint below the $4.0 billion analyst forecast, and reported that demand headwinds persist. MillerKnoll Fiscal Q1 Adjusted Earnings Rise, Net Sales Fall

MillerKnoll Company Profile

MillerKnoll, Inc is a global design company that develops, manufactures and sells furnishings and related products for workplace, healthcare, education, hospitality and residential environments. Its portfolio includes furniture for offices and homes, seating, desks, tables, storage systems, lighting, textiles and accessories, as well as products intended to support collaboration and flexible workspaces.

The company operates a collection of design-focused brands, including Herman Miller, Knoll, Design Within Reach, Muuto, HAY, Maharam and Geiger.