MillerKnoll (NASDAQ:MLKN) Updates Q1 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.330-0.390 for the period, compared to the consensus estimate of 0.360. The company issued revenue guidance of $928.0 million-$968.0 million, compared to the consensus revenue estimate of $948.6 million. MillerKnoll also updated its FY 2027 guidance to 1.850-2.150 EPS.

MillerKnoll Stock Up 7.3%

MLKN opened at $17.24 on Thursday. MillerKnoll has a 1-year low of $13.77 and a 1-year high of $23.18. The stock has a market cap of $1.18 billion, a PE ratio of 123.14, a price-to-earnings-growth ratio of 0.67 and a beta of 1.41. The stock’s fifty day simple moving average is $15.88 and its 200 day simple moving average is $17.72. The company has a current ratio of 1.64, a quick ratio of 0.92 and a debt-to-equity ratio of 0.96.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, June 24th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $973.87 million. MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 earnings per share. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. As a group, research analysts expect that MillerKnoll will post 1.83 earnings per share for the current year.

MillerKnoll Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Saturday, May 30th will be issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, May 29th. MillerKnoll’s payout ratio is currently 535.71%.

Analyst Upgrades and Downgrades

MLKN has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a research note on Friday, April 24th. Zacks Research upgraded MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Key Headlines Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: Fiscal Q4 earnings of $0.55 per share topped estimates of $0.52, while revenue of about $1.0 billion also beat forecasts, signaling better-than-expected demand and execution. MillerKnoll, Inc. Reports Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Management’s outlook for fiscal 2027 was broadly in line to slightly above expectations on revenue, and the company highlighted a focus on cost control, cash flow, debt reduction, and smaller-format retail growth. MillerKnoll Q4 Earnings Call Puts Focus on Retail Discipline
• Neutral Sentiment: The earnings call transcript and recap articles reinforce that investors are focusing on margin discipline and the company’s longer-term restructuring and growth plans rather than any one-off headline. MillerKnoll, Inc. (MLKN) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Some coverage described the quarter as strong and the outlook as encouraging, which supports the positive tone, but these reports largely repeat the same earnings beat and guidance story. MillerKnoll Shines Bright in Contract and Design Industry: Strong Q4 2026 Results and Exciting Outlook
• Negative Sentiment: Even with the beat, earnings per share were below last year’s $0.60, and the company’s FY2027 EPS guidance range of 1.85 to 2.15 sits below the current consensus estimate, which could temper enthusiasm. MillerKnoll (MLKN) Q4 Earnings and Revenues Surpass Estimates

Institutional Trading of MillerKnoll

Several large investors have recently modified their holdings of the stock. Osaic Holdings Inc. increased its position in shares of MillerKnoll by 36.5% in the second quarter. Osaic Holdings Inc. now owns 1,941 shares of the company’s stock worth $38,000 after purchasing an additional 519 shares during the period. Johnson Financial Group Inc. bought a new stake in MillerKnoll during the third quarter worth about $72,000. Canada Pension Plan Investment Board acquired a new stake in MillerKnoll during the second quarter worth about $82,000. Rexford Capital Inc. increased its holdings in MillerKnoll by 17.0% in the 4th quarter. Rexford Capital Inc. now owns 5,500 shares of the company’s stock valued at $101,000 after buying an additional 800 shares during the period. Finally, Royal Bank of Canada raised its position in shares of MillerKnoll by 21.1% in the 4th quarter. Royal Bank of Canada now owns 6,446 shares of the company’s stock valued at $118,000 after buying an additional 1,123 shares in the last quarter. 87.50% of the stock is owned by institutional investors and hedge funds.

About MillerKnoll

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.