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 …
Read More »MillerKnoll Holds Firm Amid Mixed Q1
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 …
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