MillerKnoll Q3 adj. EPS $0.54, up 74% YoY; revenue $984.7M, down 4.4%

MILLERKNOLL, INC.

2023-Q3 EPS reported $0.56 revenue$3,130,400,000

Adjusted diluted EPS $0.54 vs $0.31 last year; GAAP EPS $0.01.
Net sales $984.7M, down 4.4% YoY from $1,029.5M.
Reported gross margin 34.1% (+110 bps); adjusted gross margin 35.7% (+260 bps).
$123M in run-rate cost synergies captured from Knoll integration.
Cash flow from operations improved; balance sheet strengthened.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MILLERKNOLL, INC. reported the third quarter of fiscal year 2023 which ended March 4, 2023 results: revenue $ 984.7, EPS $ 0.01.

Period: the third quarter of fiscal year 2023 which ended March 4, 2023
Revenue: $ 984.7
EPS: $ 0.01
Result: reported results

Exact text from the filing

in millions, except per share data) (1)(2) March 4, 2023 February 26, 2022 % Chg. March 4, 2023 February 26, 2022 % Chg. (13 weeks) (13 weeks) (40 weeks) (39 weeks) Net sales $ 984.7 $ 1,029.5 (4.4) % $ 3,130.4 $ 2,845.5 10.0 % Gross margin % 34.1 % 33.0 % N/A 34.4 % 34.1 % N/A Adjusted gross margin %* 35.7 % 33.1 % N/A 34.9 % 34.5 % N/A Operating expenses $

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Source: SEC EDGAR

accession 0000066382-23-000015

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