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MLKN Price Correlated With Financials For MillerKnoll

Free historical financial statements for MillerKnoll Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 50 quarters since 2010. Compare with MLKN stock chart to see long term trends.

MLKN Stock Compared to Quarterly

MLKN Income Statement

Revenue, Net:1066900000
Revenue Per Share:14.1149
Cost of Goods & Services Sold:699300000
Gross Profit:367600000
Selling, General & Admin Expense:290800000
Research & Development Expense:23400000
Total Operating Expenses:328900000
Operating Income:38700000
Income Taxes:4300000
Net Income:17500000
Earnings Per Share, Basic:0.21
Shares Outstanding, Basic Avg:75587055

MLKN Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:38100000
Net Cash from Operations:59500000
Net Cash from Operations Per Share:0.7872
Repurchases/Buybacks Common Stock:0
Cash Dividends Paid:14100000
Net Cash from Financing Activities:-65400000
Property, Plant & Equipment Purchases:23000000
Purchases of Businesses, Net of Cash:0
Net Cash from Investing Activities:-21800000
Net Change in Cash & Equivalents:-18300000

MLKN Balance Sheet

Cash and Cash Equivalents:197500000
Accounts Receivable, Net:365600000
Total Current Assets:1309900000
Property, Plant & Equipment, Net:554600000
Total Assets:4448100000
Accounts Payable:281600000
Total Short-Term Liabilities:773200000
Long Term Debt, Non-Current Portion:1434800000
Total Liabilities:2907200000

Major Holders (from 13F filings)

Investment Type
Value (x$1000)
increase or decrease
Blackrock Inc.
8,407,224 sh
-39,717 sh
Vanguard Group Inc
7,277,077 sh
58,044 sh
Beutel, Goodman & Co Ltd.
5,576,663 sh
-42,102 sh
Fuller & Thaler Asset Management, Inc.
4,310,546 sh
2,199,448 sh
Scharf Investments, LLC
4,015,947 sh
294,959 sh
State Street Corp
2,511,435 sh
63,194 sh
Deprince Race & Zollo Inc
2,099,445 sh
210,804 sh
Vulcan Value Partners, LLC
1,738,267 sh
374,921 sh
Silvercrest Asset Management Group LLC
1,668,896 sh
-155,215 sh
Nantahala Capital Management, LLC
1,562,174 sh
-145,565 sh
Geode Capital Management, LLC
1,411,561 sh
15,686 sh
Dimensional Fund Advisors LP
1,349,181 sh
-286,461 sh
William Blair Investment Management, LLC
1,254,259 sh
-22,067 sh
Invesco Ltd.
1,194,626 sh
6,150 sh
Millennium Management LLC
1,174,060 sh
355,477 sh
Wellington Management Group Llp
1,125,458 sh
56,668 sh
Alliancebernstein L.P.
1,045,981 sh
-3,586,661 sh
Bank Of New York Mellon Corp
1,045,790 sh
-57,065 sh
Northern Trust Corp
967,131 sh
-34,060 sh
Charles Schwab Investment Management Inc
960,741 sh
10,027 sh
Description of Business MillerKnoll, Inc. (the "Company") researches, designs, manufactures, sells, and distributes interior furnishings for use in various environments including office, healthcare, educational, and residential settings and provides related services that support companies all over the world. The Company's products are sold through independent contract office furniture dealers, retail studios, the Company’s eCommerce platforms, direct mail catalogs, as well as direct customer sales and independent retailers..

On July 19, 2021 the Company acquired Knoll, Inc. ("Knoll") (See Note 5. "Acquisitions"). Knoll is a leading global manufacturer of commercial and residential furniture, accessories, lighting and coverings. The Company has included the financial results of Knoll in the condensed consolidated financial statements from the date of acquisition. On October 11, 2021, the Company's shareholders approved an amendment to our Restated Articles of Incorporation to change our corporate name from Herman Miller, Inc. to MillerKnoll, Inc. On November 1, 2021, the change in corporate name and ticker symbol to MLKN became effective.

MillerKnoll is a collective of dynamic brands that comes together to design the world we live in. A global leader in design, MillerKnoll includes Herman Miller® and Knoll®, as well as Colebrook Bosson Saunders®, DatesWeiser®, Design Within Reach®, Edelman® Leather, Fully®, Geiger®, HAY®, Holly Hunt®, KnollTextiles®, Maars® Living Walls, Maharam®, Muuto®, naughtone®, and Spinneybeck®|FilzFelt®. MillerKnoll represents over 100 years of design research and exploration in service of humanity. The Company is united by a belief in design as a tool to create positive impact and shape a more sustainable, caring, and beautiful future for all people and the planet.

Basis of Presentation

The Condensed Consolidated Financial Statements have been prepared by MillerKnoll, Inc. in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Management believes the disclosures made in this document are adequate with respect to interim reporting requirements. Unless otherwise noted or indicated by the context, all references to "MillerKnoll," "we," "our," "Company" and similar references are to MillerKnoll, Inc., its predecessors, and controlled subsidiaries.

The accompanying unaudited Condensed Consolidated Financial Statements, taken as a whole, contain all adjustments that are of a normal recurring nature necessary to present fairly the financial position of the Company as of September 3, 2022. Operating results for the three months ended September 3, 2022 are not necessarily indicative of the results that may be expected for the year ending June 3, 2023 ("fiscal 2023"). It is suggested that these Condensed Consolidated Financial Statements be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended May 28, 2022 ("fiscal 2022"). All intercompany transactions have been eliminated in the Condensed Consolidated Financial Statements. The financial statements of equity method investments are not consolidated.

Segment Reorganization

Effective as of May 29, 2022, the beginning of fiscal year 2023, the Company implemented an organizational change that resulted in a change in the reportable segments. The Company has recast historical results to reflect this change. See Note 15 "Operating Segments" for additional information.

The Company's fiscal year is the 52 or 53 week period ending on the Saturday closest to May 31. The fiscal year ended May 28, 2022 ("fiscal 2022") was a 52 week period while the fiscal year ending June 3, 2023 ("fiscal 2023") will be

Data imported from MillerKnoll Inc SEC filings. Check original filings before making any investment decision.