earnings
confidence high
sentiment positive
materiality 0.73
MillerKnoll Q4 adjusted EPS $0.67 vs $0.41; gross margin up 250bps YoY
MILLERKNOLL, INC.
2024-FY EPS reported
$1.11
revenue$3,628,400,000
- Net sales $888.9M (-7.1% YoY); full year $3,628.4M (-11.2% YoY).
- GAAP diluted EPS $0.14 vs $0.00; adjusted EPS $0.67 vs $0.41 (+63.4% YoY).
- Gross margin improved 250bps to 39.6% (Q4); full year margin up 410bps to 39.1%.
- Achieved $160M annualized run-rate cost synergy from Knoll integration.
- Orders up 1.1% reported, 2.9% organically in Q4.