MillerKnoll, Inc. (MLKN)

In the past six months, MillerKnoll's stock has been influenced by earnings reports and strategic initiatives. Q3 Fiscal Year 2025 earnings showed a slight increase in consolidated net sales, driven by North America Contract and Global Retail segments, but included special charges due to workforce reduction. The company unveiled a sustainability strategy aiming for net-zero by 2050. Q4 Fiscal Year 2025 earnings beat consensus estimates. Q1 Fiscal Year 2026 earnings exceeded analysts' expectations, but the stock price decreased following the report, and leadership changes were announced. Analysts noted that MillerKnoll looked ripe for a turnaround after a recent decline.

Demand trends show fluctuations across different segments and regions, and in response to specific events. In the first quarter of fiscal year 2026, new orders in the International Contract segment were lower year-over-year in the APNA and Latin America regions, but partially offset by higher orders in Europe and the UK. The Global Retail segment saw improved new orders. The North America Contract segment experienced a decrease in new orders, attributed to an 'order pulled forward dynamic' in the fourth quarter of fiscal 2025. A surcharge adjustment in July also led to fairly strong orders in the first part of July. A clear, overarching seasonal pattern for MillerKnoll's entire product and service offering is not explicitly defined in the provided information.

MillerKnoll, Inc. (MLKN) is a global collective of design brands that researches, designs, manufactures, sells, and distributes interior furnishings worldwide, operating within the Consumer Discretionary sector. Its product portfolio includes seating, furniture systems, textiles, home furnishings, and solutions for residential, education, and healthcare sectors, offered under brands like MillerKnoll, Herman Miller, Knoll, and others. The company sells through various channels, including dealers, direct sales, retailers, catalogs, and e-commerce.

MillerKnoll, Inc. has a significant global presence with operations primarily in the United States, and corporate offices, independent dealers, and licensees spanning North America, Asia Pacific, Europe, the Middle East, and Latin America.

MillerKnoll has maintained a positive brand reputation over the past year, particularly in environmental sustainability and design innovation. The company was named to Newsweek's 2026 list of America's Greenest Companies, recognizing its environmental responsibility. The company has made strides in transitioning to renewable energy and increasing recycled content. MillerKnoll's inclusion in Newsweek's list follows other recent accolades, such as the Fast Company Best Workplaces for Innovation award and the Business Intelligence Group's Sustainability Leadership Award.

MillerKnoll, Inc. is primarily owned by institutional shareholders, who hold 94.46% of the stock, with insiders owning 4.73% and retail investors holding 0.81%. Major institutional owners include BlackRock Inc., The Vanguard Group Inc., and AllianceBernstein L.P. The largest individual shareholder is Mark S. Nemschoff, owning 1.98% of the company.