MillerKnoll Inc
hermanmiller.comMillerKnoll Inc (NASDAQ: MLKN) is a furniture manufacturing company that designs, manufactures, and sells office contract furniture and home furnishings through two contract segments and a global retail segment. Revenue is transactional, generated through direct sales to corporate and institutional customers via the North America Contract and International Contract segments, and through retail channels under the Global Retail segment. For the twelve months ended May 31, 2025, total net sales were $3,669.9 million: North America Contract contributed $1,965.2 million (53.6%), Global Retail contributed $1,044.7 million (28.5%), and International Contract contributed $660.0 million (17.9%). The company competes against Haworth, HNI Corporation, and Steelcase Inc. in the contract furniture market, and against national, regional, and independent home furnishings retailers in the retail segment. As of May 31, 2025, MillerKnoll had approximately 10,382 employees and carried $1.31 billion in consolidated long-term debt, largely incurred from the July 2021 acquisition of Knoll. The company pays quarterly cash dividends, most recently $0.1875 per share declared April 15, 2025. Andrea R. Owen serves as President and CEO.
Products & Services
Office and commercial contract furniture, home furnishings. Includes products sold under the MillerKnoll brand portfolio following the July 2021 Knoll acquisition. HAY eCommerce channel in North America was strategically closed in a prior year period.
Revenue Model
Transactional product sales across three segments: North America Contract ($1,965.2M, FY2025), International Contract ($660.0M, FY2025), and Global Retail ($1,044.7M, FY2025). Sells to the U.S. Government through GSA Multiple Award Schedule Contracts priced from commercial price lists. Quarterly cash dividends declared and paid to shareholders.
Customers & Markets
Corporate and institutional buyers served through the North America Contract and International Contract segments. Home furnishings consumers served through the Global Retail segment. U.S. federal government buyers served via GSA Multiple Award Schedule Contracts and competitive bids.
Geographic Exposure
Primary manufacturing and operations in the United States (Michigan, Pennsylvania, Ohio, Georgia, New York, Illinois). International manufacturing and warehouse presence in Canada, Italy, United Kingdom, China, Denmark, and India as of the 10-K filed July 21, 2025. Approximately 2% of employees covered by collective bargaining agreements, primarily in the United Kingdom, Italy, and Brazil (as of May 31, 2025).
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