earnings
confidence high
sentiment negative
materiality 0.75
MillerKnoll Q3 GAAP EPS loss $0.19; adjusted EPS $0.44, down 2.2% YoY; segment reorg
MILLERKNOLL, INC.
2025-Q3 EPS
reported $0.29
vs consensus $0.35
▼ miss
(-17.2%)
- Net sales $876.2M, +0.4% YoY; gross margin 37.9% vs 38.6% (down 70bps).
- GAAP diluted EPS loss $0.19 vs $0.30 profit; adjusted EPS $0.44 vs $0.45, down 2.2%.
- New segments: North America Contract, International Contract, Global Retail; historical data restated.
- Q3 operating expenses increased 40.9% GAAP; adjusted op. expenses down 1.6%.
- Effective tax rate 88.3% (GAAP) vs 16% last year; adjusted rate 22.0% vs 20.3%.