MillerKnoll Q2 FY2024 EPS $0.45 (adjusted $0.59); raises full-year guidance to $2.00-$2.16

MILLERKNOLL, INC.

2024-Q2 EPS reported $0.67 revenue$1,867,200,000

Net sales $949.5M, down 11.0% YoY from $1,066.9M.
GAAP diluted EPS $0.45 (up 114.3% YoY); adjusted EPS $0.59 (up 28.3% YoY).
Consolidated gross margin 39.2%, up 470 bps YoY, with expansion in all three segments.
Full-year adjusted EPS guidance raised to $2.00-$2.16 per share.
Adjusted operating expenses $296.9M vs $303.9M, down 2.3% YoY.

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 0.95

MILLERKNOLL, INC. reported second quarter of fiscal year 2024 which ended December 2, 2023 results: revenue $ 949.5, EPS $ 0.45. Guidance raised.

Period: second quarter of fiscal year 2024 which ended December 2, 2023
Revenue: $ 949.5
EPS: $ 0.45
Guidance: raised
Result: reported results

Exact text from the filing

in millions, except per share data) December 2, 2023 December 3, 2022 % Chg. December 2, 2023 December 3, 2022 % Chg. (13 weeks) (13 weeks) (26 weeks) (27 weeks) Net sales $ 949.5 $ 1,066.9 (11.0) % $ 1,867.2 $ 2,145.7 (13.0) % Gross margin % 39.2 % 34.5 % N/A 39.1 % 34.5 % N/A Operating expenses $ 311.6 $ 328.9 (5.3) % $ 629.4 $ 650.2 (3.2) % Adjusted

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Source: SEC EDGAR

accession 0000066382-23-000103

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