MillerKnoll, Inc. (MLKN)
NASDAQIndustrialsFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
$22.92+2.37%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
QuarterlyIQ Insights · MLKN
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 5.8% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on executing strategic vision with discipline to drive revenue growth, margin expansion, and improved profitability across segments.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $961.8M in 2025-Q4 to $1,004.2M in 2026-Q2, with fiscal 2026 operating margin improving to 5.2% from 1.4% in prior year. Management consistently emphasized disciplined execution and momentum, and the financials show delivering on profitable growth and improved profitability.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Focused on disciplined execution of strategic priorities and maintaining momentum to drive profitable growth.”
“We remain well positioned to drive profitable growth and create long-term value across our collective of brands.”
“We delivered a strong fourth quarter reflecting advantages of a business purpose-built around geographic and channel diversity.”
Sustain gross margin within targeted range through pricing, cost control, and operational efficiency.
Stated in 3 of last 3 quarters. Gross margin remained within or near the targeted 38.5%-39.5% range, with 39.2% in 2025-Q4 and 39.4% in 2026-Q2. Management has consistently maintained this margin target, and the financials show stable delivery within this range.
“Gross margin % 38.5% to 39.5% guidance reiterated for Q4 FY2026.”
“Gross margin guidance range maintained at 38.5% to 39.5%.”
“Gross margin was flat with prior year at 38.8%.”
Expand retail footprint by opening 14 to 18 new stores globally in fiscal year 2027 to drive growth.
Stated in 2 of last 3 quarters. Management plans to open 14 to 18 new retail stores in fiscal 2027, with 3-4 openings in Q1. Recent quarters show actual new store openings in Q3 and Q4 FY2026, indicating progress toward this expansion priority.
“Opening 14 to 18 new retail stores, including three to four new store openings in Q1.”
“Q3 new retail store openings included DWR and Herman Miller stores in multiple locations.”
Control capital spending within $125 million to $135 million range in fiscal year 2027 to support disciplined capital allocation.
Stated in 2 of last 3 quarters. Capital expenditure guidance for FY2027 is maintained at approximately $125M to $135M. This reflects management's continued focus on disciplined capital allocation, consistent with prior guidance ranges.
“Capital expenditures of approximately $125 million to $135 million for FY2027.”
“Guidance includes capital expenditure range of $120 million to $130 million.”
Achieve net sales within $955 million to $995 million range for fourth quarter fiscal 2026 as part of growth and operational targets.
Stated in 3 of last 3 quarters. Management guided Q4 FY2026 net sales between $955M and $995M. Actual Q4 FY2026 net sales were $1,004.2M, slightly above guidance, indicating delivery on this revenue target.
“Q4 FY2026 Net sales guidance of $955 million to $995 million reiterated.”
“Q4 FY2026 Net sales guidance range $955 million to $995 million.”
“Q4 FY2026 Net sales guidance $955 million to $995 million provided.”
Over the trailing year it converted 6.57x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 58% of the time over the next year (vs 54% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to real (inflation-adjusted) rates, long-term interest rates, the US dollar, Fed net liquidity (low R² over the window).
16 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.