MillerKnoll, Inc. (MLKN)

The company now

MillerKnoll named Jeff Stutz its permanent chief executive on 21 October 2026, after he led the company as interim chief since 30 June 2026 111.

Chairman John Hoke said Stutz had made "an immediate and meaningful impact by driving stronger operating income, margins and earnings" 11.

The newest results are for the first quarter of fiscal 2027, which ended 29 August 2026 3. Net sales were $923.4 million, down 3.4 percent from a year earlier, while orders, the new business booked, rose 3.2 percent to $913.9 million 3.

Diluted earnings per share were $0.38, against $0.29 a year earlier 3. Refunds of earlier import tariffs added a net $0.11 of that, and about $10 million to operating income 3.

The tariffs were imposed under the International Emergency Economic Powers Act, and court rulings during fiscal 2026 opened the way for importers to seek refunds 5.

Stutz said demand was softer than expected in the quarter, yet the company stayed confident in its outlook for the second quarter and the full year 3. It lowered the full-year sales range to $3.88 billion to $4.03 billion from $3.93 billion to $4.13 billion and held adjusted earnings per share at $1.85 to $2.15 3.

The annual report says the amount and timing of any tariff refunds remain uncertain while the U.S. government's appeal goes on 5. That leaves two questions for the coming quarters: whether rising orders turn into sales, and whether more refunds arrive 35.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.