secwatch.observer — SEC 8-K summary
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Issuer:     MILLERKNOLL, INC. (MLKN)
CIK:        0000066382
Form:       8-K
Filed at:   2022-09-28T23:59:59+00:00
Accession:  0000066382-22-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MillerKnoll Q1 sales up 37% to $1.08B; net income $25.8M vs loss a year ago
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- Net sales $1,078.8M (+36.6% YoY, +12% organic); diluted EPS $0.34 vs ($0.92) loss; adjusted EPS $0.44 vs $0.50.
- Gross margin 34.5% (adjusted 34.5%) vs 35.2% (adjusted 36.0%); operating margin 4.7% vs (6.7)% loss.
- Orders $1,013.1M (+10.5%); backlog $868.6M (+3.9%); Q1 had 14 weeks vs 13 weeks in prior year.
- Captured $80M run-rate cost synergies from Knoll; on track for $120M within three years of acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66382/000006638222000062/0000066382-22-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66382/000006638222000062/mlkn-20220928.htm
  HTML page:      https://secwatch.observer/filing/0000066382-22-000062

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