MillerKnoll Inc. Reports $961.8M Net Sales, Swings to $57.1M Net Loss, EPS Drops to ($0.84)

Reuters
26 Jun
<a href="https://laohu8.com/S/MLKN">MillerKnoll</a> Inc. Reports $961.8M Net Sales, Swings to $57.1M Net Loss, EPS Drops to ($0.84)

MillerKnoll Inc. has reported its financial results, showing net sales of $961.8 million, which represents an increase from $888.9 million in the previous period. The company's net loss attributable to MillerKnoll, Inc. was $57.1 million, compared to net earnings of $9.9 million in the prior period. The company also reported a basic loss per share of $0.84, whereas, in the previous period, the earnings per share were $0.14. The weighted average number of basic common shares was 68,091,762, a decrease from 71,383,146 in the previous period. Looking ahead, MillerKnoll has provided guidance that includes estimated incremental costs related to tariffs, expected to range between $9 million to $11 million before tax. Additionally, the company anticipates opening three new stores in the first quarter of fiscal 2026, which will contribute to operating expenses. These projections are based on the latest information available to the company.

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