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ZEELAND, Mich., Dec. 21, 2022 /PRNewswire/ — Sales growth of 4% over the prior year, up 8% organically Year-over-year operating margin expansion in the Americas Contract and International Contract & Specialty segments Continued progress with the integration of Knoll $101 million of run-rate cost synergies captured to date Increased targeted run-rate cost synergies from $120 million to $140 million within three years […]
MillerKnoll (NASDAQ:MLKN) will post its quarterly earnings results on Wednesday, December 21st. MillerKnoll has set its Q2 guidance at $0.39-0.45 EPS.
GRAND RAPIDS, Mich. – Office furniture giant Steelcase reported third quarter revenue of $826.9 million, a 19% gain over the same period last year. Inflation remains a chief concern, however. “Our gross margin improvement in the Americas this quarter reflected the benefits from the pricing actions we’ve been implementing in the face of extraordinary inflation levels,” said […]
Ikea’s profits have fallen by almost a fifth in the UK despite a 12% increase in sales amid the impact of soaring costs, as the company said it could not rule out further price increases in the new year. The world’s largest furniture retailer said sales had benefited as shoppers returned to stores in the […]
HNI’s revenue should be impacted in the near to medium-term due to the slowdown in the housing and R&R industry, as well as softness in the corporate profits.
The troubled social media company is auctioning off some corporate assets, and the bidding starts at just $25. Twitter has been in the news an awful lot since Elon Musk’s takeover of the company this fall. From mass firings and an increase in hate speech on the platform to an advertiser exodus and policies that change seemingly on a whim, Twitter can’t […]
You won’t confuse iRCustom with any other furniture maker. Its 4,000-sq.-ft. shop may be smaller than some showrooms at IKEA, the world’s largest furniture retailer with three stores within an hour’s drive of the Lake Zurich, Ill., business. But that’s OK. “We’re not looking to be IKEA,” said co-owner Rob DiVito. With their large, asymmetrical, colorful designs […]
Fujitsu today announced that it donated office furniture that is no longer being used including desks, chairs and cabinets to Cambodian public institutions through the Cambodian Embassy in Japan.
BOISE, Idaho — Modern and contemporary furniture retailer Scandinavian Designs opened its first East Coast showroom earlier this month in Waldorf, Md. The Boise, Idaho-based retailer has 44 showrooms across 14 states. Prior to opening in Maryland, its easternmost store was in Indianapolis.
Connection, the latest brand to join European office furniture giant Flokk group have opened a bespoke designed and built manufacturing facility, housing warehouses and offices in Mirfield, Yorkshire. Attending the opening were Lars Røiri, CEO of Flokk and René Sitter, Senior Vice President, Central Europe, as well as key stakeholders to celebrate with the Connection team. The […]
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