MillerKnoll Fiscal Q1 Adjusted Earnings Rise, Net Sales Fall; Lowers Fiscal 2027 Net Sales Outlook

07:18 AM EDT, 09/22/2026 (MT Newswires) -- MillerKnoll (MLKN) reported fiscal Q1 adjusted earnings Tuesday of $0.53 per diluted share, up from $0.45 a year earlier. Three analysts polled by FactSet expected $0.35. Net sales for the quarter ended Aug. 29 were $923.4 million, down from $955.7 million a year earlier. Three analysts expected $940.9 million. For fiscal Q2, the company said it expects adjusted diluted EPS of $0.43 to $0.49, and net sales in the range of $972 million to $1.01 billion. Three analysts expect $0.46 and $1.01 billion, respectively. For fiscal 2027, the company continues to expect adjusted EPS of $1.85 to $2.15. Three analysts project $2.02. MillerKnoll now expects fiscal 2027 net sales in the range of $3.88 billion to $4.03 billion, compared with prior guidance of $3.93 billion to $4.13 billion. Three analysts expect $3.99 billion.