BUZZ-MillerKnoll down after slashing annual profit forecast, tepid revenue outlook

Reuters
2025/03/27
BUZZ-<a href="https://laohu8.com/S/MLKN">MillerKnoll</a> down after slashing annual profit forecast, tepid revenue outlook

** Shares of office supplies maker MillerKnoll MLKN.O down 3.5% at $17.70 in aftermarket trading

** Co forecasts annual revenue largely below expectations and lowers annual adjusted profit forecast

** Says outlook includes estimated incremental costs related to tariffs expected in Q4

** Co also misses Q3 net sales estimate, while adjusted profit was in line with estimate - data compiled by LSEG

** Says overall demand in its contract business in most geographies was sluggish during the quarter, amid uncertainty related to tariff policy and other macroeconomic factors

** MLKN has fallen 18.81% YTD, as of last close

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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