MillerKnoll (NASDAQ:MLKN) Releases FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.11-2.17 for the period, compared to the consensus estimate of $2.16. MillerKnoll also updated its FY 2025 guidance to 2.110-2.170 EPS.

MillerKnoll Stock Down 3.8 %

Shares of NASDAQ MLKN opened at $24.33 on Thursday. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 27.97, a price-to-earnings-growth ratio of 0.96 and a beta of 1.20. MillerKnoll has a 52 week low of $22.35 and a 52 week high of $31.73. The firm has a 50-day moving average price of $24.43 and a 200 day moving average price of $26.18. The company has a quick ratio of 0.93, a current ratio of 1.59 and a debt-to-equity ratio of 0.99.

MillerKnoll (NASDAQ:MLKN) last issued its earnings results on Wednesday, December 18th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The company had revenue of $970.40 million during the quarter, compared to analysts’ expectations of $959.60 million. MillerKnoll had a net margin of 1.80% and a return on equity of 10.93%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company posted $0.59 earnings per share. Equities research analysts anticipate that MillerKnoll will post 2.17 EPS for the current fiscal year.

MillerKnoll Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Saturday, November 30th will be issued a dividend of $0.1875 per share. The ex-dividend date is Friday, November 29th. This represents a $0.75 annualized dividend and a yield of 3.08%. MillerKnoll’s dividend payout ratio is presently 86.21%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded MillerKnoll from a “buy” rating to a “hold” rating in a research note on Thursday, October 10th.

MillerKnoll Company Profile

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.