1438 ET - While MillerKnoll reported solid F3Q results this weak, expected pressure from tariffs prompts Benchmark analysts to cut their FY25 and FY26 EPS estimates to $1.85 and $1.95, respectively, down from $2.13 and $2.40. The analysts say the office furniture specialist plans to raise prices 4.5% in early June. "While we believe this amount would be sufficient to offset the known tariff risks to date, we are more concerned about the lag/timing and potential optics of increased discounting should the tariffs 'go away,'" the analysts say. MillerKnoll falls 3%. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

March 28, 2025 14:38 ET (18:38 GMT)

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