Company Reports Q1 Revenue of $1.35B, Below Consensus
Reports Q1 revenue $1.35B, consensus $1.37B. "Our members continued to focus on controlling the controllables in the first quarter of fiscal 2026," said chairman, president, and CEO Jeff Lorenger. "Through focused cost management and benefits of price-cost and productivity, we managed the middle of the income statement and were able to deliver solid first quarter results. This was despite demand softness to begin the year, especially in Workplace Furnishings, amid concerns related to the conflict in the Middle East, the U.S. economy broadly, and the impacts of tariffs specifically. The positive momentum of our on-going strategies, the benefits of our diversified revenue streams, and the merits of our customer-first business model will continue to deliver strong shareholder value."
