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MillerKnoll, Inc. - $MLKN STOCK NEWS

Welcome to our dedicated page for MillerKnoll news (Ticker: $MLKN), a resource for investors and traders seeking the latest updates and insights on MillerKnoll stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MillerKnoll's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MillerKnoll's position in the market.

Rhea-AI Summary

The Fulton Market Design District in Chicago is gearing up for its flagship Design Days events from June 10-12, featuring over 35 iconic design brands. The event will include product launches, exhibits, and various activities to welcome design professionals and enthusiasts. With last year's success, this year's event aims to enhance the experience for visitors, offering pop-ups, giveaways, and a central Welcome Center for networking and coordination. The neighborhood continues to grow, with new brands and spaces opening up, making it a top destination for design and socialization.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
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Rhea-AI Summary
MillerKnoll receives the 2024 Disability Matters North America Award for its innovative programs and successful strategies related to disability inclusion. The company's DEIB efforts and work with clients are highlighted, emphasizing its commitment to diversity and accessibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.22%
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Rhea-AI Summary
MillerKnoll Inc. (NASDAQ: MLKN) reports improved gross margins and cost synergies in Q3 FY 2024. Net sales decreased by 11.4% to $872.3 million. Adjusted diluted earnings per share were $0.45, down 16.7% from last year. The company aims to optimize cost structure amidst sluggish demand patterns.
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Rhea-AI Sentiment
End-of-Day
-18.9%
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Rhea-AI Summary
MillerKnoll, Inc. (MLKN) will release its Q3 fiscal 2024 financial results on March 27, 2024, followed by a conference call and webcast. Participants can access the call via webcast or phone.
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Rhea-AI Sentiment
End-of-Day
1.33%
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Rhea-AI Summary
MillerKnoll Inc. (NASDAQ: MLKN) reported results for Q2 FY 2024, with a 28.3% increase in adjusted earnings per share and a 470 basis point improvement in consolidated gross margin. Despite an 11.0% decline in net sales, the company achieved significant overall profit growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.1%
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Rhea-AI Summary
MillerKnoll, Inc. (MLKN) will release its financial results for Q2 fiscal 2024 on December 20, 2023, after the stock market closes. The Company will host a conference call and webcast at 5:00 p.m. Eastern time on the same day to discuss the results.
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Rhea-AI Sentiment
End-of-Day
-0.5%
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Herman Miller (MLHR) introduces new products in the OE1 Workspace Collection, including the Sit-to-Stand Table, Powerbox, and Power Tray, designed to enhance agility and productivity in modern workspaces. The collection offers a wide variety of configurations and colors, enabling quick adaptation to changing business goals and personal preferences with minimal disruption. The new products provide height-adjustable desks, portable power solutions, and additional workspace accessories, expanding the flexibility and functionality of the collection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
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3D Cloud by Marxent, in collaboration with Herman Miller and Design Within Reach, has launched 3D product configurators for several top-performance seating products on their North American retail websites. This technology allows customers, designers, and trade professionals to visualize every possible combination, get accurate pricing, and download images at any stage in the process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
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Rhea-AI Summary
MillerKnoll publishes its 2023 Better World report highlighting sustainability goals, community impact, and DEIB
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Rhea-AI Sentiment
End-of-Day
-2.73%
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Rhea-AI Summary
MillerKnoll Inc. reported Q1 FY2024 results with increased adjusted earnings guidance and improved gross margin. Americas Contract segment saw significant profit improvement with operating margin expansion. Organic order growth of 2.1% in Americas Contract segment. Net sales decreased by 14.9% and gross margin increased by 450 basis points. Operating expenses decreased by 1.1%. Adjusted earnings per share decreased by 15.9%. Liquidity position at $561.3 million. Run-rate cost synergies achieved $142 million. Q2 FY2024 net sales expected to range between $950 million to $990 million. Full year FY2024 adjusted diluted earnings expected in the range of $1.85 and $2.15 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.99%
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MillerKnoll, Inc.

Nasdaq:MLKN

MLKN Rankings

MLKN Stock Data

1.91B
70.79M
0.93%
99%
4.28%
Wood Office Furniture Manufacturing
Manufacturing
Link
United States of America
ZEELAND

About MLKN

millerknoll is a collective of dynamic brands that comes together to design the world we live in.