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MillerKnoll, Inc. (NASDAQ:MLKN ) Q1 2025 Earnings Conference Call September 19, 2024 5:00 PM ET Company Participants Jeff Stutz - Chief Financial Officer Andi Owen - Chief Executive Officer Debbie Propst - President, Global Retail John Michael - President, Americas Contract Conference Call Participants Greg Burns - Sidoti Alex Fuhrman - Craig-Hallum Capital Group Reuben Garner - The Benchmark Company Brian Gordon - Water Tower Research Operator Ladies and gentlemen, good evening, and welcome to MillerKnoll's Quarterly Earnings Conference Call. As a reminder, this call is being recorded.

MillerKnoll (MLKN) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.37 per share a year ago.

MillerKnoll's revenue has declined, but net profits nearly doubled due to improved gross margins and cost-saving synergies from the Knoll acquisition. Despite underperforming the S&P 500, I remain cautiously optimistic about MillerKnoll, maintaining a 'buy' rating ahead of upcoming financial results. Management's guidance for fiscal 2025 indicates lower revenue but higher adjusted earnings per share, suggesting continued profitability improvements.