MLKN news

MillerKnoll reported a 3.4% decline in net sales for Q1 FY27, but saw order growth and realized a $10 million tariff refund. Earnings per share rose 31%, driven by margin expansion.

MillerKnoll reported fiscal year 2026 results with sales up 4.4% to $1 billion and Jeff Stutz appointed interim CEO. The market will likely view the leadership transition as a step toward executing the company's strategy for improved profitability and balance sheet strength.

MillerKnoll announced President and CEO Andi Owen will retire on June 30, 2026, with Chief Operating Officer Jeff Stutz assuming interim CEO duties. The board will conduct a comprehensive search for a permanent CEO while the company reiterates its fiscal 2026 fourth quarter outlook.