MillerKnoll, Inc. Reports First Quarter Fiscal 2024 Results
MillerKnoll Inc. today reported results for the first quarter of fiscal year 2024 which ended September 2, 2023.
- Full year adjusted earnings guidance increased to a range of $1.85 to $2.15 per share.
- Gross margin improved 450 basis points on a consolidated basis over the prior year, with expansion reported in all three segments.
- Significant profit improvement in the Americas Contract segment which delivered reported and adjusted year-over-year operating margin expansion of 460 and 570 basis points respectively.
- Organic order growth of 2.1% for the Americas Contract segment over the prior year.