Latest news with #Knoll
Yahoo
25-06-2025
- Business
- Yahoo
MillerKnoll, Inc. Reports Fourth Quarter Fiscal 2025 Results
ZEELAND, Mich., June 25, 2025 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ: MLKN), a growth-oriented small-cap value company in the industrial and consumer sectors, today reported results for the fourth quarter fiscal 2025 ended May 31, 2025. Visit the Company's investor relations website to view the earnings release. At 5:00 p.m. Eastern Time today, MillerKnoll will hold a conference call and webcast to discuss fourth quarter results. Participants may access the conference call live via webcast on the Company's investor relations website. Alternatively, participants may access the conference call live via telephone by dialing: USA / International Toll: +1 (646) 307-1963 or USA / Toll-Free: (800) 715-9871. The conference identification number is 2466570. An online archive of the webcast will be available on the Company's investor relations website within 24 hours. About MillerKnoll MillerKnoll is a global collective of design brands built on the foundation of two icons of modernism: Herman Miller and Knoll. The portfolio also includes furniture and accessories for commercial and residential spaces from Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman, Geiger, HAY, HOLLY HUNT, Knoll Textiles, Maharam, Muuto, NaughtOne, and Spinneybeck | FilzFelt. Guided by a shared purpose—design for the good of humankind—MillerKnoll generates insights, pioneers innovations, and champions ideas to better align spaces with how people live, work, and gather. For more information, visit View original content to download multimedia: SOURCE MillerKnoll
Yahoo
25-06-2025
- Business
- Yahoo
3 Stocks Under $50 with Open Questions
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they're typically more established than penny stocks. But their headline prices don't guarantee quality, and investors should exercise caution as some have shaky business models. This is precisely where StockStory comes in - we do the heavy lifting to identify companies with solid fundamentals so you can invest with confidence. That said, here are three stocks under $50 to swipe left on and some alternatives you should look into instead. Share Price: $16.91 Created through the 2021 merger of industry icons Herman Miller and Knoll, MillerKnoll (NASDAQ:MLKN) designs, manufactures, and distributes interior furnishings for offices, healthcare facilities, educational settings, and homes worldwide. Why Is MLKN Risky? Products and services are facing significant end-market challenges during this cycle as sales have declined by 7.8% annually over the last two years Earnings per share fell by 11.3% annually over the last five years while its revenue grew, showing its incremental sales were much less profitable 4.7 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position MillerKnoll's stock price of $16.91 implies a valuation ratio of 6.9x forward P/E. Read our free research report to see why you should think twice about including MLKN in your portfolio, it's free. Share Price: $40.21 Born from IBM's managed infrastructure services business in a 2021 spinoff, Kyndryl (NYSE:KD) is the world's largest IT infrastructure services provider that designs, builds, and manages technology environments for enterprise customers. Why Does KD Worry Us? Products and services are facing significant end-market challenges during this cycle as sales have declined by 6% annually over the last four years Lacking free cash flow generation means it has few chances to reinvest for growth, repurchase shares, or distribute capital Negative returns on capital show that some of its growth strategies have backfired Kyndryl is trading at $40.21 per share, or 19.4x forward P/E. Dive into our free research report to see why there are better opportunities than KD. Share Price: $13.75 Born in Detroit during the 1980s and evolving into a tech-driven financial powerhouse, Rocket Companies (NYSE:RKT) is a fintech company that provides digital mortgage lending, real estate services, and personal finance solutions through its technology platform. Why Does RKT Fall Short? Annual sales declines of 4% for the past five years show its products and services struggled to connect with the market during this cycle Earnings per share have contracted by 53.4% annually over the last four years, a headwind for returns as stock prices often echo long-term EPS performance High net-debt-to-EBITDA ratio of 12× increases the risk of forced asset sales or dilutive financing if operational performance weakens At $13.75 per share, Rocket Companies trades at 3x forward P/B. To fully understand why you should be careful with RKT, check out our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
MillerKnoll (NASDAQ:MLKN) Reports Upbeat Q2, Stock Soars
Office furniture manufacturer MillerKnoll (NASDAQ:MLKN) beat Wall Street's revenue expectations in Q2 CY2025, with sales up 8.2% year on year to $961.8 million. On top of that, next quarter's revenue guidance ($919 million at the midpoint) was surprisingly good and 3.2% above what analysts were expecting. Its non-GAAP profit of $0.60 per share was 37.4% above analysts' consensus estimates. Is now the time to buy MillerKnoll? Find out in our full research report. Revenue: $961.8 million vs analyst estimates of $913.8 million (8.2% year-on-year growth, 5.3% beat) Adjusted EPS: $0.60 vs analyst estimates of $0.44 (37.4% beat) Revenue Guidance for Q3 CY2025 is $919 million at the midpoint, above analyst estimates of $890.7 million Adjusted EPS guidance for Q3 CY2025 is $0.35 at the midpoint, above analyst estimates of $0.35 Operating Margin: 5.7%, down from 7.6% in the same quarter last year Backlog: $761.3 million at quarter end Market Capitalization: $1.2 billion Created through the 2021 merger of industry icons Herman Miller and Knoll, MillerKnoll (NASDAQ:MLKN) designs, manufactures, and distributes interior furnishings for offices, healthcare facilities, educational settings, and homes worldwide. A company's long-term sales performance is one signal of its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $3.67 billion in revenue over the past 12 months, MillerKnoll is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. On the bright side, it can still flex high growth rates because it's working from a smaller revenue base. As you can see below, MillerKnoll grew its sales at a solid 8.1% compounded annual growth rate over the last five years. This shows it had high demand, a useful starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. MillerKnoll's recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 5.2% over the last two years. This quarter, MillerKnoll reported year-on-year revenue growth of 8.2%, and its $961.8 million of revenue exceeded Wall Street's estimates by 5.3%. Company management is currently guiding for a 6.7% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 2.1% over the next 12 months. Although this projection suggests its newer products and services will fuel better top-line performance, it is still below average for the sector. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating margin is one of the best measures of profitability because it tells us how much money a company takes home after subtracting all core expenses, like marketing and R&D. MillerKnoll was profitable over the last five years but held back by its large cost base. Its average operating margin of 5.2% was weak for a business services business. Analyzing the trend in its profitability, MillerKnoll's operating margin decreased by 7.7 percentage points over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. MillerKnoll's performance was poor no matter how you look at it - it shows that costs were rising and it couldn't pass them onto its customers. In Q2, MillerKnoll generated an operating margin profit margin of 5.7%, down 1.9 percentage points year on year. This reduction is quite minuscule and indicates the company's overall cost structure has been relatively stable. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. Sadly for MillerKnoll, its EPS declined by 5.4% annually over the last five years while its revenue grew by 8.1%. This tells us the company became less profitable on a per-share basis as it expanded. Diving into the nuances of MillerKnoll's earnings can give us a better understanding of its performance. As we mentioned earlier, MillerKnoll's operating margin declined by 7.7 percentage points over the last five years. Its share count also grew by 15.9%, meaning the company not only became less efficient with its operating expenses but also diluted its shareholders. In Q2, MillerKnoll reported EPS at $0.60, down from $0.67 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. Over the next 12 months, Wall Street expects MillerKnoll's full-year EPS of $1.95 to stay about the same. We were impressed by how significantly MillerKnoll blew past analysts' revenue and EPS expectations this quarter. We were also excited its revenue and EPS guidance for next quarter outperformed Wall Street's estimates. Zooming out, we think this was a solid print. The stock traded up 9% to $19.24 immediately following the results. MillerKnoll had an encouraging quarter, but one earnings result doesn't necessarily make the stock a buy. Let's see if this is a good investment. We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Network
15-06-2025
- Business
- Fashion Network
Zimmermann opens first boutique in Greece on the island of Mykonos
Zimmermann has announced the opening of its first boutique in Greece, located on the island of Mykonos. Designed by long-time collaborators Studio McQualter, the aim was to create a relaxing and luxurious space that reflects the brand's DNA, while respecting the building and its architecture. Guests enter though a courtyard space, complete with a lounge area featuring 1950s Russell Woodard sun chairs and a custom rust-coloured umbrella. The area doubles as an afternoon refreshment area during peak season. Inside, the boutique opens with a main retail space that flows into a lounge area. The brand's latest collections are showcased on mint-green stained furniture, a fresh, modern detail that's echoed in the Mod armchairs by Gae Aulenti for Knoll and a soft green accent wall in a connecting room. Completing the space is special art and furniture including a striking artwork by Australian artist Tom Polo, as well as a curated collection of vintage lamps and sconces. Creative director and co-founder Nicky Zimmermann said the new store is the perfect addition to the brand's list of resort destinations. It opens with the Spring ready-to-wear 2025 collection.
Fashion Network
15-06-2025
- Business
- Fashion Network
Zimmermann opens first boutique in Greece on the island of Mykonos
Zimmermann has announced the opening of its first boutique in Greece, located on the island of Mykonos. Designed by long-time collaborators Studio McQualter, the aim was to create a relaxing and luxurious space that reflects the brand's DNA, while respecting the building and its architecture. Guests enter though a courtyard space, complete with a lounge area featuring 1950s Russell Woodard sun chairs and a custom rust-coloured umbrella. The area doubles as an afternoon refreshment area during peak season. Inside, the boutique opens with a main retail space that flows into a lounge area. The brand's latest collections are showcased on mint-green stained furniture, a fresh, modern detail that's echoed in the Mod armchairs by Gae Aulenti for Knoll and a soft green accent wall in a connecting room. Completing the space is special art and furniture including a striking artwork by Australian artist Tom Polo, as well as a curated collection of vintage lamps and sconces. Creative director and co-founder Nicky Zimmermann said the new store is the perfect addition to the brand's list of resort destinations. It opens with the Spring ready-to-wear 2025 collection.
