secwatch.observer — SEC 8-K summary
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Issuer:     MILLERKNOLL, INC. (MLKN)
CIK:        0000066382
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0000066382-24-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66382/000006638224000008/0000066382-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66382/000006638224000008/mlkn-20240327.htm
  HTML page:      https://secwatch.observer/filing/0000066382-24-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer