MillerKnoll Shares Surge, After Swinging to Net Profit in Q4, Notes Positive Mid

MILAN — Amid a challenging macroeconomic climate, American design furniture conglomerate MillerKnoll swung to a positive net earnings position in its fiscal fourth quarter.

In the three-month period ended May 30, the Zeeland, Mich.-based firm — whose portfolio includes heritage brands like Knoll, Herman Miller, online platform Design Within Reach and Holly Hunt, Copenhagen-based design firm Muuto and textile firm Maharam — said Wednesday an improved performance in its North American contract business and global retail sales helped boost net profit to $23.6 million, versus a $57.1 million loss in the same period a year earlier.

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In the fourth quarter, sales rose to $1 billion, up 4.4 percent versus the fiscal fourth quarter of 2025. This exceeded analyst estimates of $973.9 million. Earnings per share of 55 cents beat analyst estimates by 6.8 percent.

For the year, net sales rose 4.7 percent to $3.84 billion.

As a result, MillerKnoll's board of directors declared a quarterly

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/millerknoll-shares-surge-swinging-net-163714742.html)