secwatch.observer — SEC 8-K summary
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Issuer:     MILLERKNOLL, INC. (MLKN)
CIK:        0000066382
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0000066382-24-000073
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MillerKnoll reports Q1 FY2025 net sales down 6.1% YoY to $861.5M, GAAP diluted EPS loss of $0.02
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66382/000006638224000073/0000066382-24-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66382/000006638224000073/mlkn-20240919.htm
  HTML page:      https://secwatch.observer/filing/0000066382-24-000073

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