Q4 2026 MillerKnoll Inc Earnings Call Transcript

Jun 24, 2026 / 09:00 PM GMT

Release Date Price: $17.24 (+7.35%)

Transcript 8-K

Key Points

Positve

MillerKnoll Inc (MLKN) reported a 4.4% year-over-year increase in revenue, surpassing their guidance, driven by growth in North America contract and global retail segments.
The company achieved an adjusted EPS of $0.55, which was at the top end of their guidance range.
MillerKnoll Inc (MLKN) is expanding its retail footprint with plans to open 9 to 11 new Herman Miller stores in fiscal 2027, which are expected to deliver attractive economics and broaden demographic reach.
The company is focusing on operational efficiency by consolidating manufacturing plants and evaluating capacity utilization opportunities.
MillerKnoll Inc (MLKN) is implementing strategic shifts to drive growth and returns, including a focus on smaller store formats that require lower upfront capital and generate quicker payback.

Negative

Orders at the consolidated level were down 6.3% as reported and 6.9% lower on an organic basis, reflecting prior-year order pull-forward dynamics.
The international contract segment experienced a decline in net sales and orders due to geopolitical concerns and macroeconomic uncertainties in regions like Europe and Asia.
The Holly Hunt brand underperformed due to lagging demand patterns and operational inefficiencies, prompting restructuring efforts.
MillerKnoll Inc (MLKN) faces challenges in maintaining cost discipline amidst inflationary pressures and the need for strategic investments.
The company's net debt-to-EBITDA ratio slightly increased to 2.8 times, indicating a need for continued focus on debt reduction and cash flow improvement.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MLKN.OQ - MillerKnoll Inc
Q4 2026 MillerKnoll Inc Earnings Call
Jun 24, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good evening, and welcome to Miller Mills' quarterly earnings conference call. As a reminder, this call is being recorded.

I would now like to introduce your host for today's conference, Wendy Watson, Vice President of Investor Relations.

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Unidentified_2 [2]
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Good evening, and welcome to our fourth quarter and full fiscal year 2026 conference call. On with me are Jeff Stutz, Miller Knoll's Chief Operating Officer and incoming Interim CEO, and Kevin Veltman, Chief Financial Officer.

Joining them for the Q&A session are John Michael, President

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