MillerKnoll reports sales decline, reduced orders
Thursday, 21 December 2023
ZEELAND, Mich. – Contract furniture manufacturer MillerKnoll reported $949.5 million in second quarter sales, a decrease of 11% from last year.
The company attributed the decline to a lower beginning backlog, partially offset by faster fulfillment. Orders in the quarter reached $944 million – 6.8% lower than last year – but improved sequentially, the company said, as it moved through the period.