Furniture Companies See Early Signs of Recovery in U.S. Office Market -- Market Talk

Dow Jones

2025/06/26

1826 ET - Steelcase and MillerKnoll are seeing green shoots in the U.S. office market after years of pandemic-era stagnation. Steelcase logged 9% higher revenue in the Americas last quarter, led by large corporate customers who are buying more office furniture to redo their workspaces, the company said. MillerKnoll saw sales in its North America contract segment up 13%, partially helped by a pull-forward in demand amid tariff-related price increases. The company expects to continue to return to growth in contract as the office market starts to recover with more companies working in-office and upgrading spaces to attract employees, CEO Andi Owen says on a call with analysts. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

June 25, 2025 18:26 ET (22:26 GMT)

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