secwatch.observer — SEC 8-K summary
======================================

Issuer:     MILLERKNOLL, INC. (MLKN)
CIK:        0000066382
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0000066382-22-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MillerKnoll Q3 sales $1.03B, orders $1.1B; GAAP EPS $0.16; Knoll synergy on track
--------------------------------------------------------------------------------

- Net sales $1.03B (+74.3% YoY) driven by Knoll acquisition and organic growth.
- GAAP diluted EPS $0.16 (down 77.1% YoY); adjusted EPS $0.28 (down 56.9%).
- Orders $1.1B (+93.6% YoY; +31.5% organic); backlog $1.02B.
- MillerKnoll reaffirms $120M run-rate cost synergy target from Knoll within 3 years.
- Gross margin 32.7% vs 39.1% a year ago on inflationary costs and mix.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66382/000006638222000018/0000066382-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66382/000006638222000018/mlkn-20220329.htm
  HTML page:      https://secwatch.observer/filing/0000066382-22-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer