MillerKnoll, Inc. (MLKN)
Summary
This Furniture Maker Says the Iran War Is Pressuring Its Outook. Its Stock Is Plunging.
A furniture maker's stock is plunging after the company warned of risks to its outlook from the war in Iran.
5 Things to Know Before the Stock Market Opens
Stock futures are lower and oil prices are higher this morning as investors digest the latest developments in the Iran war; Trump administration officials are reportedly evaluating scenarios as severe as oil reaching $200 a barrel; President Trump has reportedly told people close to him that he wants the war to end soon, preferring to focus on other priorities like the midterm elections coming up in November; a former CEO of Goldman Sachs is warning that the accumulation of unsold assets in private credit is creating a danger for markets; and furniture maker MillerKnoll said it expects its profits to take a hit because of the conflict in the Middle East. Here's what you need to know today.
MLKN Q3 Earnings Meet Estimates, Sales Miss, FY'25 EPS View Down
MillerKnoll's third-quarter fiscal 2025 reflects mixed results across the top and the bottom lines. Know more about the quarterly performance here.
MillerKnoll, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 219 | $4,391.46 | $4,669.08 | $277.62 | 6.32% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 100 | $1,828 | $2,132.19 | $304.19 | 16.64% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3,295 | $60,031.58 | $69,969.32 | $9,937.74 | 16.55% |
 Richard S. Pzena Pzena Investment Management | 2M | $28.86M | $42.41M | $13.55M | 46.96% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 29,347 | $466,233.97 | $623,623.75 | $157,389.78 | 33.76% |
MillerKnoll, Inc. (MLKN) FAQ
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MillerKnoll, Inc. Profile
| Household Durables Industry | Consumer Discretionary Sector | Andrea R. Owen CEO | NASDAQ (NGS) Exchange | 600544100 CUSIP |
| US Country | 10,200 Employees | 29 May 2026 Last Dividend | 17 Mar 1998 Last Split | 26 Mar 1990 IPO Date |
Overview
MillerKnoll, Inc. stands as a global leader in the research, design, manufacture, and distribution of a wide array of interior furnishings. Boasting operations divided into three primary segments: Americas Contract, International Contract & Specialty, and Global Retail, the company caters to a diverse market ranging from residential to healthcare settings across the globe. Initially founded as Herman Miller, Inc., the firm underwent a name change to MillerKnoll, Inc. in November 2021, signifying a new chapter in its extensive history since its inception in 1905. Headquartered in Zeeland, Michigan, MillerKnoll continues to thrive by leveraging its rich legacy and a broad portfolio of products and services aimed at enhancing the functionality and aesthetics of various spaces.
Products and Services
MillerKnoll's extensive range of products and services are categorized under various renowned brands, each designed to meet specific needs in the market.
- Seating Products: Including iconic chairs such as Aeron, Mirra, Embody, Setu, Sayl, and Cosm, designed for ergonomic comfort and style.
- Furniture Systems and Freestanding Elements: Modular systems and individual pieces cater to the dynamic needs of modern workspaces and homes.
- Textiles and Leathers: High-quality textiles from Maharam, alongside luxury leather offerings from Edelman Leather and Spinneybeck Leather, provide premium materials for furniture finishes.
- Home Furnishings: Through brands such as DWR (Design Within Reach) and HAY, the company offers design-forward home essentials that blend function with aesthetics.
- Casegoods and Storage Products: Elegant solutions for storage and organization, including systems designed for office environments and home settings.
- Healthcare and Educational Furniture: Specialized furnishings from brands like Nemschoff that cater to the unique requirements of healthcare facilities and educational institutions.
- Residential, Office, and Specialty Settings Furnishings: A diverse portfolio including the timeless pieces like the Eames lounge chair, and innovative office solutions like the Generation by Knoll family, address the needs across various environments.
- Global Distribution Network: The company delivers its products through independent contract furniture dealers, direct sales, e-commerce platforms, and both wholesale and retail outlets, ensuring widespread accessibility.
