secwatch.observer — SEC 8-K summary
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Issuer:     MILLERKNOLL, INC. (MLKN)
CIK:        0000066382
Form:       8-K
Filed at:   2023-09-26T23:59:59+00:00
Accession:  0000066382-23-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MillerKnoll Q1 FY2024 sales $917.7M (-14.9% YoY); raises FY adjusted EPS guidance to $1.85-2.15
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- Diluted EPS $0.22 (GAAP); adjusted EPS $0.37 vs $0.44 prior year.
- Gross margin improved 450 bps to 39.0% with expansion in all three segments.
- Americas Contract segment organic orders grew 2.1% YoY; operating margin expanded 460 bps reported, 570 bps adjusted.
- Full-year adjusted EPS guidance raised to $1.85-$2.15 per share.
- Net sales declined 14.9% YoY, partly due to a 14-week prior-year period vs 13 weeks this quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66382/000006638223000076/0000066382-23-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66382/000006638223000076/mlkn-20230926.htm
  HTML page:      https://secwatch.observer/filing/0000066382-23-000076

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