MillerKnoll Shares Plunge Over 22% on Disappointing Q4 Revenue Forecast

Stock News

Mar 26

MillerKnoll (MLKN.US) experienced a sharp decline of more than 22% during early trading on Thursday, hitting a new low for the year, with its share price currently at $14.96. The drop follows the company's release of its fiscal 2026 third-quarter results on March 25. Adjusted earnings per share came in at $0.43, slightly below the analyst estimate of $0.45 and down modestly year-over-year. Net sales of $927 million also missed the consensus forecast of $942 million, failing to meet market expectations on profitability. Furthermore, MillerKnoll issued fourth-quarter net sales guidance in the range of $955 million to $995 million, which fell short of the market's projected $993 million. The weaker-than-expected revenue outlook has heightened investor concerns over the company's growth momentum.

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The weaker-than-expected revenue outlook has heightened investor concerns over the company's growth momentum.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4143","symbol_name":"办公服务与用品","start_time":0,"source_url":"","article_id":"1107222060","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107222060","pubTimestamp":1774540574,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"MillerKnoll (MLKN.US) experienced a sharp decline of more than 22% during early trading on Thursday, hitting a new low for the year, with its share price currently at $14.96. 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