MillerKnoll, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 02, 2024
March 27, 2024 at 04:05 pm EDT
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MillerKnoll, Inc. reported earnings results for the third quarter and nine months ended March 02, 2024. For the third quarter, the company reported sales was USD 872.3 million compared to USD 984.7 million a year ago. Net income was USD 22.2 million compared to USD 0.4 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to USD 0.01 a year ago.
For the nine months, sales was USD 2,739.5 million compared to USD 3,130.4 million a year ago. Net income was USD 72.4 million compared to USD 42.2 million a year ago. Basic earnings per share from continuing operations was USD 0.98 compared to USD 0.56 a year ago. Diluted earnings per share from continuing operations was USD 0.97 compared to USD 0.56 a year ago.
MillerKnoll, Inc. is engaged in the research, design, manufacture, selling and distribution of seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services. The Company's segments include Americas Contract, International Contract & Specialty, and Global Retail. The Americas Contract segment includes the operations associated with the design, manufacture and sale of furniture products directly or indirectly through an independent dealership network for office, healthcare, and educational environments throughout North and South America. The International Contract & Specialty segment includes the operations associated with the design, manufacture and sale of furniture products, directly or indirectly through an independent dealership network. The Global Retail segment includes operations associated with the sale of modern design furnishings and accessories to third party retailers.
MILLERKNOLL, INC. 
