MillerKnoll (NASDAQ:MLKN) Updates Q1 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.380-0.440 for the period, compared to the consensus earnings per share estimate of 0.410. The company issued revenue guidance of $872.0 million-$912.0 million, compared to the consensus revenue estimate of $906.3 million. MillerKnoll also updated its FY 2025 guidance to 2.100-2.300 EPS.

MillerKnoll Price Performance

Shares of NASDAQ:MLKN opened at $26.49 on Friday. The business’s 50 day simple moving average is $26.40 and its 200-day simple moving average is $27.27. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 1.00 and a beta of 1.26. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.54 and a quick ratio of 0.95. MillerKnoll has a 12 month low of $14.32 and a 12 month high of $31.33.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings results on Wednesday, June 26th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.53 by $0.14. MillerKnoll had a return on equity of 10.94% and a net margin of 2.27%. The business had revenue of $888.90 million for the quarter, compared to analyst estimates of $898.65 million. During the same quarter in the previous year, the company earned $0.41 EPS. The company’s quarterly revenue was down 7.1% on a year-over-year basis. As a group, equities analysts forecast that MillerKnoll will post 2.21 earnings per share for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Saturday, June 1st will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Friday, May 31st. MillerKnoll’s payout ratio is currently 67.57%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised MillerKnoll from a buy rating to a strong-buy rating in a research note on Thursday.

About MillerKnoll

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.