# MillerKnoll crushes earnings despite furniture slump

> Office furniture maker beats profit expectations by 47% while navigating weak commercial demand.
- Title: MillerKnoll crushes earnings despite furniture slump
- Summary: Office furniture maker beats profit expectations by 47% while navigating weak commercial demand. MillerKnoll proved it can maintain strong margins and…
- Keywords: millerknoll, mlkn, earnings, q1 2027, office furniture, eps beat, commercial workspace, wall street, profitability, guidance, crushes, despite
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/millerknoll-releases-q1-2027-financial-results
- Author: AlphaStreet Newsdesk
- Published: 2026-09-22T12:47:42+00:00
- Read time: 1 min
- Topics: millerknoll, mlkn, earnings, q1 2027, office furniture, eps beat, commercial workspace, wall street, profitability, guidance
## MillerKnoll crushes profit expectations
The office furniture maker delivered adjusted earnings per share of 53 cents versus the 36 cent estimate, a 47 percent beat that surprised Wall Street.

> adjusted EPS of $0.53 against the consensus estimate of $0.36, a beat of 47.2%
## Revenue slides despite profit strength
Sales fell 3.4 percent year-over-year to $923.4 million as businesses continued cutting their office space. The company posted net income of $26.6 million.
## North America segment under pressure
The company's largest division, North America Contract, generated $505.6 million in revenue but fell 5.3 percent year-over-year as companies recalibrated office footprints.
## Management guides for stabilization
MillerKnoll projects Q2 earnings between 43 and 49 cents per share, with revenue expected between $972 million and $1.01 billion, suggesting the decline may be bottoming.
## Wall Street remains constructive
Analysts maintain a bullish stance with 3 buy ratings, 2 hold ratings, and no sell ratings on the stock, reflecting confidence in the company's execution.
## Key takeaway

MillerKnoll proved it can maintain strong margins and profitability through disciplined cost management even as the commercial office furniture market softens.