MLKN
MillerKnoll, Inc.
MLKN Q1 2027 earnings
Published Sep 22, 2026
AI summary
- Revenue $923M missed the $943M consensus by 2.1%, down 3.4% from $956M a year ago.
- Adjusted EPS $0.53, up from $0.45 a year ago.
- Q2 FY2027 revenue guidance midpoint $992M is below the $1.01B consensus by $17.8M.
- MillerKnoll reported first quarter net sales of $923.4 million, a 3.4% decline compared to the prior year.
- Diluted GAAP earnings per share rose to $0.38, while adjusted diluted EPS increased to $0.53.
- Results were bolstered by a $10 million net tariff refund, contributing $0.11 to diluted EPS.
Results vs analyst consensus
Revenue
Reported
$923M
Consensus $943M
Missed by $19.9M−3.4% YoY
Adjusted EPS
Reported · Adjusted earnings per share - diluted
$0.53
Consensus not captured before release
GAAP EPS: $0.38
Consensus: Yahoo Finance · Q1 2027 · revenue estimates as of Sep 21, 2026
Revenue display rounded; difference uses exact result.
Next quarter outlook
$972M–$1.01B
Q2 FY2027 revenue guidance
Analyst consensus: $1.01BMidpoint below consensus by $17.8M
Estimates at release · guidance is a forecast
What to watch
- The company noted softer than expected demand patterns during the quarter.
- Operating expenses were impacted by $13.4 million in special charges, including restructuring and CEO transition costs.
- Management expects an unfavorable $0.07 per share impact from Canada-related tariff costs over the next three quarters.
Read original report
Source: MillerKnoll, Inc. press release · SEC Form 8-K exhibit 99.1