MillerKnoll Shares Rise Following Second Quarter Earnings Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Source: Benzinga
Earnings Report: MillerKnoll, Inc. reported second-quarter adjusted earnings of 43 cents per share, surpassing analyst estimates of 41 cents, with quarterly sales of $955.2 million also exceeding expectations.
Sales and Orders: Despite a 1.6% decline in net sales year-over-year, orders increased by 5.5%, indicating growth across all segments.
Gross Margin Improvement: The company experienced a 20 basis point increase in gross margin, reflecting effective execution of strategic priorities.
Future Outlook: For the third quarter, MillerKnoll anticipates adjusted EPS between 42 to 48 cents and revenue ranging from $923 million to $963 million, both above analyst estimates.
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Analyst Views on MLKN
About MLKN
MillerKnoll, Inc. is engaged in the research, design, manufacture, selling and distribution of seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services. Its segments include Americas Contract, International Contract & Specialty, and Global Retail. Americas Contract segment includes the operations associated with the design, manufacture and sale of furniture products directly or indirectly through an independent dealership network for office, healthcare, and educational environments throughout North and South America. International Contract & Specialty segment includes the operations associated with the design, manufacture and sale of furniture products, directly or indirectly through an independent dealership network in Europe, the Middle East, Africa and Asia-Pacific. Global Retail segment includes operations associated with the sale of modern design furnishings and accessories to third party retailers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
MillerKnoll Named to Fortune's Most Admired Companies List for 2026
- Honor Recognition: MillerKnoll's inclusion in Fortune's 2026 Most Admired Companies list highlights its excellence in design innovation and corporate values, which is expected to enhance brand image and market competitiveness.
- Evaluation Criteria: The ranking is based on assessments by executives, directors, and analysts across nine criteria, including investment value and management quality, indicating MillerKnoll's leadership position and talent attraction capabilities within the industry.
- Continuous Innovation: The company has opened new flagship stores in London, New York, and Chicago, along with a 12,000-square-foot Archives facility showcasing over a million objects, reflecting its commitment to sustainable and transformative design, which is anticipated to drive future business growth.
- Future Development: In 2026, MillerKnoll plans to expand its retail footprint, accelerate innovation, and enhance the role of design in sustainability, aiming to create a more inspiring future and strengthen its market influence.
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MillerKnoll Appoints Claire Spofford to Board, Enhancing Long-Term Growth Strategy
- New Board Member: MillerKnoll has appointed Claire Spofford to its Board of Directors, leveraging her over 30 years of retail experience and omnichannel strategy expertise to drive growth in both consumer and workplace contract segments.
- Brand Development Expertise: As former CEO of J. Jill, Spofford successfully strengthened margins and brand relevance, laying a solid foundation for MillerKnoll's long-term growth trajectory.
- Digital Transformation Leadership: During her tenure at Cornerstone Brands, Spofford evolved the business into a digitally driven platform that supported both e-commerce and physical retail, enhancing the brand's competitive positioning in the market.
- Board Structure Optimization: With Spofford's addition, MillerKnoll's Board now comprises 11 directors, 10 of whom are independent, further enhancing corporate governance and supporting the elevation of the brand portfolio and customer value creation.
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