MillerKnoll (NASDAQ:MLKN) Releases FY 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 1.850-2.150 for the period, compared to the consensus estimate of 2.000. The company issued revenue guidance of $3.9 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion. MillerKnoll also updated its Q1 2027 guidance to 0.330-0.390 EPS.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MLKN shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a research report on Friday, April 24th. Zacks Research upgraded MillerKnoll from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, MillerKnoll presently has an average rating of “Hold”.

MillerKnoll Stock Up 12.0%

Shares of MillerKnoll stock opened at $19.31 on Friday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 14.63, a P/E/G ratio of 0.72 and a beta of 1.41. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.64 and a quick ratio of 0.92. MillerKnoll has a 52-week low of $13.77 and a 52-week high of $23.18. The stock has a 50-day simple moving average of $15.94 and a 200-day simple moving average of $17.75.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings data on Wednesday, June 24th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. MillerKnoll had a return on equity of 9.83% and a net margin of 2.38%.The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $973.87 million. During the same quarter in the prior year, the company posted $0.60 earnings per share. The firm’s revenue was up 4.4% on a year-over-year basis. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q1 2027 guidance at 0.330-0.390 EPS. On average, equities research analysts expect that MillerKnoll will post 2 earnings per share for the current fiscal year.

MillerKnoll Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Saturday, May 30th will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. MillerKnoll’s payout ratio is currently 535.71%.

Key Headlines Impacting MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: MillerKnoll’s fiscal Q4 earnings and revenue both topped expectations, with EPS of $0.55 versus $0.52 expected and revenue of about $1.0 billion versus $973.9 million expected, reinforcing the view that demand remains resilient. Article Title
• Positive Sentiment: The company also issued FY2027 guidance of $1.85-$2.15 EPS and Q1 2027 guidance of $0.33-$0.39 EPS, which gave investors a clearer roadmap for the next year. Article Title
• Positive Sentiment: Sidoti raised several out-year estimates, including FY2027 EPS to $2.01 from $1.99 and FY2028 EPS to $2.46 from $2.38, suggesting analysts see improving profitability ahead. Article Title
• Positive Sentiment: Sidoti also lifted its Q4 2027 EPS estimate to $0.74 from $0.64 and Q4 2028 EPS to $0.85 from $0.72, signaling confidence in longer-term earnings momentum. Article Title
• Positive Sentiment: Investors may also be encouraged that the stock has been trading above its recent moving averages following the earnings release, reflecting improving sentiment around the name.
• Neutral Sentiment: Sidoti trimmed some near-term estimates for MillerKnoll’s Q1-Q3 2027 and Q1-Q2 2028, indicating some quarter-to-quarter volatility in the outlook. Article Title
• Neutral Sentiment: The earnings release and commentary suggest management is prioritizing cost control, cash flow, debt reduction, and smaller-format retail growth, which may help over time but does not change the near-term picture by itself. Article Title
• Negative Sentiment: Some analyst revisions were modestly lower, including cuts to Q1 2028, Q2 2028, and Q3 2027 EPS estimates, which may temper enthusiasm for the pace of earnings growth. Article Title

Institutional Investors Weigh In On MillerKnoll

Several institutional investors and hedge funds have recently modified their holdings of the business. Mariner LLC acquired a new stake in MillerKnoll in the 4th quarter worth approximately $234,000. Bridgefront Capital LLC acquired a new position in MillerKnoll during the fourth quarter valued at approximately $200,000. Cerity Partners LLC acquired a new position in MillerKnoll during the fourth quarter valued at approximately $228,000. LPL Financial LLC bought a new position in shares of MillerKnoll in the fourth quarter valued at approximately $198,000. Finally, Squarepoint Ops LLC bought a new position in shares of MillerKnoll in the third quarter valued at approximately $185,000. Institutional investors and hedge funds own 87.50% of the company’s stock.

MillerKnoll Company Profile

MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.

Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.