earnings
confidence high
sentiment negative
materiality 0.75
MillerKnoll Q4 revenue down 13% YoY; adjusted EPS $0.41 vs $0.58
MILLERKNOLL, INC.
2023-FY EPS reported
$0.55
revenue$4,087,100,000
- Q4 net sales $956.7M, down 13.1% YoY; gross margin expanded 230 bps to 37.1%.
- Full year adjusted EPS $1.85, down 3.6% YoY; net sales $4.09B, up 3.6%.
- Generated $93M cash from operations; repaid $50M debt in Q4.
- Captured $131M run-rate cost synergies from Knoll integration to date.