Tag Archives: Furniture Industry

MillerKnoll shares drop 6% on weak Q1 results, soft guidance, sending ripples through the furniture industry and raising concerns about the company’s future prospects. The decline, which came on the heels of a disappointing first quarter earnings report, reflects a combination of factors including weak demand, rising costs, and a …

Earnings call: Steelcase reports Q2 earnings and strategic progress – Steelcase Reports Q2 Earnings & Strategic Progress: A new chapter unfolds in the world of workplace design, as Steelcase, a leading provider of furniture and workspace solutions, reveals its second-quarter financial performance. This earnings call goes beyond numbers, delving into …

Earnings call: MillerKnoll maintains guidance amid mixed Q1 performance. Despite a mixed first quarter, furniture giant MillerKnoll remains optimistic about the year ahead, reaffirming its full-year guidance. The company navigated a challenging landscape marked by inflation and supply chain disruptions, but its diversified business model and strategic initiatives are poised …