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MillerKnoll (NASDAQ:MLKN) released first-quarter financial results and hosted an earnings call on Tuesday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data
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Several companies reported earnings results with mixed outcomes. AutoZone beat earnings expectations and gained 3.3%, while THOR Industries surpassed revenue estimates with a 5.6% jump. MillerKnoll missed revenue targets and declined slightly. Vicor Corporation surged 19.9% after raising its third-quarter revenue growth outlook to over 20%.
MillerKnoll reported Q3 2026 earnings of $0.53 per share, beating consensus estimates of $0.35 by 51.43%, but missed revenue expectations with $923.4 million versus the estimated figure. The company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions ahead of earnings. The furniture industry remains weak, ranking in the bottom 23% of Zacks industries.
MillerKnoll (NASDAQ:MLKN) affirms FY2027 Adj EPS guidance from $1.85-$2.15 to $1.85-$2.15 vs $2.02 analyst estimate. Lowers FY2027 sales outlook from $3.930 billion-$4.130 billion to $3.880 billion-$4.030 billion vs