
MillerKnoll, Inc. (MLKN) Q1 2027 Earnings Call Transcript
MillerKnoll Inc. is a leading entity in the furniture design and manufacturing industry, specializing in innovative and sustainable solutions for both commercial and residential markets. Renowned for its extensive brand portfolio, the company is dedicated to enhancing modern workspaces and home environments through collaborative design principles. With a strong commitment to environmental responsibility and strategic growth initiatives, MillerKnoll is positioned to deliver significant long-term value to its investors and stakeholders.
| Revenue (TTM) | $3.81B |
| Gross Profit (TTM) | $1.51B |
| EBITDA | $361.00M |
| Operating Margin | 6.50% |
| Return on Equity | 7.35% |
| Return on Assets | 3.43% |
| Revenue/Share (TTM) | $55.27 |
| Book Value | $19.69 |
| Price-to-Book | 1.04 |
| Price-to-Sales (TTM) | 0.36 |
| EV/Revenue | 0.788 |
| EV/EBITDA | 8.74 |
| Quarterly Earnings Growth (YoY) | 31.00% |
| Quarterly Revenue Growth (YoY) | -3.40% |
| Shares Outstanding | $68.73M |
| Float | $67.80M |
| % Insiders | 4.67% |
| % Institutions | 99.31% |
Volatility is currently contracting

MillerKnoll, Inc. (MLKN) Q1 2027 Earnings Call Transcript

MillerKnoll NASDAQ: MLKN reported first-quarter fiscal 2027 sales and orders that reflected uneven demand across its businesses, as strong International Contract and Global Retail order trends were offset by softer-than-expected North America Contract activity.

MillerKnoll (MLKN) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.45 per share a year ago.

MillerKnoll remains attractively valued despite recent share price gains and some near-term operational headwinds. MLKN's North America Contract segment drives consistent revenue and profit growth, supported by higher prices, volumes, and operational efficiency. Global Retail segment profitability has collapsed due to tariffs and rising costs, while backlog declined amid macroeconomic and geopolitical pressures.

MillerKnoll is rated Hold, as current valuation at $20.80 aligns with my base case and does not offer material upside. FY27 guidance implies modest margin improvement, with EPS growth driven mainly by tax and financing, not core operations. Global Retail and International segments underperformed FY26 targets, and FY27 guidance does not assume a meaningful recovery.

ZEELAND, Mich., Aug. 25, 2026 /PRNewswire/ -- MillerKnoll, Inc. ("MillerKnoll" or the "Company") (NASDAQ: MLKN), a growth-oriented small-cap value company in the industrial and consumer sectors, plans to release its first quarter fiscal 2027 financial results on Tuesday, September 22, 2026, before market open.

MillerKnoll, Inc. delivered mixed Q4 and FY26 results, with modest revenue growth but declining adjusted EPS and operating margins. NA contracts and Global Retail drove sales growth, while International contracts lagged; operational efficiency improved, but top-line growth remains sluggish. MLKN's liquidity is adequate, but its interest coverage ratio of 2.8x and sizeable debt load raise concerns about resilience in a downturn.

MLKN's fiscal fourth-quarter beat gives way to a sharper fiscal 2027 agenda focused on cost control, cash flow, debt reduction and smaller-format retail growth.

MillerKnoll, Inc. (MLKN) Q4 2026 Earnings Call Transcript

While the top- and bottom-line numbers for MillerKnoll (MLKN) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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