MillerKnoll (NASDAQ:MLKN) Releases Q2 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its second quarter 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.430-0.490 for the period, compared to the consensus EPS estimate of 0.460. The company issued revenue guidance of $972.0M-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. MillerKnoll also updated its FY 2027 guidance to 1.850-2.150 EPS.

Analyst Ratings Changes

A number of research firms have recently issued reports on MLKN. Zacks Research upgraded MillerKnoll from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Benchmark upgraded MillerKnoll to a “hold” rating in a research report on Thursday, September 17th. Wall Street Zen cut MillerKnoll from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Finally, Weiss Ratings upgraded MillerKnoll from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

MillerKnoll Trading Down 0.1%

Shares of MLKN stock opened at $20.29 on Wednesday. MillerKnoll has a fifty-two week low of $13.77 and a fifty-two week high of $24.71. The company has a 50 day moving average price of $22.52 and a 200 day moving average price of $18.88. The stock has a market capitalization of $1.39 billion, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.36. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.90 and a current ratio of 1.58.

MillerKnoll (NASDAQ:MLKN) last announced its quarterly earnings data on Tuesday, September 22nd. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.18. The business had revenue of $923.40 million during the quarter, compared to the consensus estimate of $940.93 million. MillerKnoll had a return on equity of 9.77% and a net margin of 2.38%.The business’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q2 2027 guidance at 0.430-0.490 EPS. Equities research analysts predict that MillerKnoll will post 2.02 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Saturday, August 29th will be given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, August 28th. MillerKnoll’s payout ratio is presently 56.82%.

Key Headlines Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: Adjusted EPS significantly beat expectations. MillerKnoll reported quarterly EPS of $0.53, exceeding the $0.35 analyst consensus by $0.18 and improving from $0.45 a year earlier. The earnings outperformance was attributed to disciplined execution and cost management. MillerKnoll Q1 2027 EPS Tops Expectations, Revenue Down 3%
• Positive Sentiment: Profitability initiatives are supporting results. Despite lower sales, MillerKnoll maintained a 2.38% net margin and generated a 9.77% return on equity, suggesting that expense control is cushioning demand pressure. MillerKnoll Shines Despite Revenue Headwinds
• Neutral Sentiment: Fiscal 2027 EPS guidance is broadly in line with expectations. The company forecast EPS of $1.85–$2.15, compared with consensus of $2.02, while second-quarter EPS guidance of $0.43–$0.49 brackets the $0.46 consensus estimate. MillerKnoll Releases FY 2027 Earnings Guidance
• Negative Sentiment: Revenue remains the main concern. First-quarter revenue fell 3.4% year over year to $923.4 million, missing the $940.9 million consensus estimate. MillerKnoll also guided to fiscal-year revenue of $3.9–$4.0 billion, with the midpoint below the $4.0 billion analyst forecast, and reported that demand headwinds persist. MillerKnoll Fiscal Q1 Adjusted Earnings Rise, Net Sales Fall

About MillerKnoll

MillerKnoll, Inc is a global design company that develops, manufactures and sells furnishings and related products for workplace, healthcare, education, hospitality and residential environments. Its portfolio includes furniture for offices and homes, seating, desks, tables, storage systems, lighting, textiles and accessories, as well as products intended to support collaboration and flexible workspaces.

The company operates a collection of design-focused brands, including Herman Miller, Knoll, Design Within Reach, Muuto, HAY, Maharam and Geiger.