earnings
confidence high
sentiment negative
materiality 0.65
MillerKnoll reports Q1 FY2025 net sales down 6.1% YoY to $861.5M, GAAP diluted EPS loss of $0.02
MILLERKNOLL, INC.
2025-Q1 EPS reported
-$0.02
revenue$861,500,000
- Net sales $861.5M, down 6.1% YoY; GAAP diluted EPS loss $0.02 (prior year $0.22 gain).
- Adjusted diluted EPS $0.36, nearly flat vs $0.37 prior year (-2.7%).
- Orders up 2.4% reported (+3.5% organic); backlog $758.0M, up 9.2% YoY.
- Global retail segment gross margin improved 160 bps on operational improvements.
- Overall gross margin flat at 39.0%; adjusted operating expenses down 5.2%.