MLKN Reports Q4 Results

On Wednesday, MillerKnoll (NASDAQ: MLKN ) discussed fourth-quarter financial results during its earnings call.

The full transcript is provided below.

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For comprehensive financial data and transcripts, visit View the webcast at Summary MillerKnoll reported a 4.4% year-over-year increase in fourth-quarter revenue, reaching over $1 billion, driven by growth in North America contract and global retail.

Adjusted earnings per share for the quarter were $0.55, aligning with the high end of the company's guidance.

The company highlighted three areas of focus for fiscal 2027: enhancing operating discipline, maintaining cost control, and strengthening the balance sheet by reducing debt and improving cash flow.

Global retail segment showed strong performance, with plans to open more Herman Miller and Design Within Reach stores in fiscal 2027.

The company plans to improve operational efficiency by consolidating manufacturing facilities and leveraging dealer relationships in international markets.

MillerKnoll expects fiscal 2027 net sales to range from $3.93 billion to $4.13 billion, with adjusted earnings per share between $1.85 and $2.15.

Management emphasized the need for clear priorities and financial discipline to leverage creativity and improve execution across the organization.

Full Transcript Wendy Watson, Vice President of Investor Relations Good evening and welcome to MillerKnoll's Quarterly Earnings Conference Call.

As a reminder, this call is being recorded.

I would now like to introduce your host for today's conference, Wendy Watson, Vice President of Investor Relations.

Good evening and welcome to our fourth quarter and full fiscal year 2026 conference call.

On with me are Jeff Stutz, MillerKnoll's Chief Operating Officer and incoming Interim CEO, and Kevin Veltman, Chief Financial Officer.

Joining them for the Q and A session are John Michael, President of North America Contract and Debbie Propst, President of Global Retail.

We issued our earnings press release for the quarter ended May 30, 2026, after market closed today and it is available on our investor relations website at millerknoll.com.

A replay of this call will be available on our website within 24 hours.

Before I turn the call over to Jeff, please remember our safe harbor disclosure regarding forward-looking information.

During the call, management may discuss information that is forward-looking and involves known and unknown risks, uncertainties, and other factors which may cause the actual results to be different than those expressed or implied.

Please evaluate the forward-looking information in the context of these factors which are detailed in today's press release.

The forward-looking statements are made as of today's date and except as may be required by law, we assume no obligation to update or supplement these statements.

We also refer to certain non-GAAP financial metrics and our press release includes the relevant non-GAAP reconciliations.

With that, I'll turn it over to Jeff.

Jeffrey Stutz, Chief Operating Officer Thank you, Wendy.

Good evening everyone and thanks for joining our call.

I'll start by sharing my initial observations and priorities as incoming Interim CEO and from there I'll discuss highlights from fiscal 2026, including a recap of our consolidated results and our current outlook.

Let me begin by saying that I am honored to step into this role at an important time for MillerKnoll as we build on the exciting work and momentum underway across the business.

After 25 years with this organization, I continue to be proud to stand alongside this tenured and committed leadership team who work tirelessly to drive our organization's success.

I've been spending significant time with our teams, dealers, and customers, reinforcing that my focus is enabling their success while driving improved performance and execution.

I've also recently had the opportunity to engage with our partners and A and E community at three marquee events for the contract and design industry: Clerkenwell Design Week in London, where our showrooms at the Sands were at the center of the show; three Days of Design in Copenhagen, where Hay and Muuto served as anchor brands; and design days in Chicago's Fulton Market, where MillerKnoll is the pioneering tenant in what has become a vibrant and design-oriented district that more than 75 furniture providers now call home.

I always leave events like these with pride knowing that MillerKnoll shines brightest in these settings.

They serve as a good reminder of so many things we do well as an organization.

At the same time, I want to be clear that our financial performance is not where we want it to be and we're entering fiscal 2027 with three clear areas of focus.

The first of these will be to elevate the level of operating discipline we bring to setting priorities.

Second, we're focused on cost discipline across our businesses and third, we remain committed to strengthening our balance sheet by reducing debt and improving cash flow.