Quarterly ResultJun 24, 2026, 04:17 PM
MillerKnoll Q4 Net Sales Up 4.4% to $1.004B; Diluted EPS $0.34
AI Summary
MillerKnoll, Inc. reported its fourth quarter and full fiscal year 2026 results. For Q4, net sales rose 4.4% to $1.004 billion, while diluted EPS significantly increased to $0.34, though adjusted diluted EPS declined 8.3% to $0.55. For the full fiscal year, net sales grew 4.7% to $3.842 billion, and diluted EPS improved to $1.32. The company also provided Q1 FY2027 guidance, projecting net sales between $928 million and $968 million and adjusted diluted EPS of $0.33 to $0.39. Jeff Stutz, COO, was appointed interim CEO, expressing confidence in the company's strategic vision and improved profitability.
Key Highlights
- Q4 FY2026 Net sales increased 4.4% to $1.004 billion.
- Q4 FY2026 Diluted EPS was $0.34, up 140.5% from $(0.84) in prior year.
- Q4 FY2026 Adjusted diluted EPS decreased 8.3% to $0.55.
- Full Fiscal Year 2026 Net sales increased 4.7% to $3.842 billion.
- Full Fiscal Year 2026 Diluted EPS was $1.32, up 344.4% from $(0.54) in prior year.
- Q1 FY2027 Net sales guidance is $928 million to $968 million.
- Q1 FY2027 Adjusted diluted EPS guidance is $0.33 to $0.39.
- Board declared a quarterly cash dividend of $0.1875 per share.
Price Impact
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