MillerKnoll Q3 sales down 11.4% YoY to $872.3M; adjusted EPS $0.45 vs $0.54

MILLERKNOLL, INC.

2024-Q3 EPS reported $0.97 revenue$2,739,500,000

Net sales $872.3M, down 11.4% from $984.7M; gross margin improved 450 bps to 38.6%.
Diluted EPS $0.30 (vs $0.01); adjusted EPS $0.45 (vs $0.54), down 16.7%.
Operating expenses down 6.4% to $294.2M; adjusted operating expenses flat at $278.9M.
Ran $153M run-rate cost synergies captured from Knoll integration to date.
Effective tax rate fell to 16.0% from 31.2%; adjusted tax rate 20.3% vs 22.5%.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MILLERKNOLL, INC. reported third quarter of fiscal year 2024, which ended March 2, 2024 results: revenue $872.3 million, EPS $0.30 per diluted share.

Period: third quarter of fiscal year 2024, which ended March 2, 2024
Revenue: $872.3 million
EPS: $0.30 per diluted share
Result: reported results

Exact text from the filing

MillerKnoll, Inc. Reports Third Quarter Fiscal 2024 Results

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Source: SEC EDGAR

accession 0000066382-24-000008

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