Herman Miller Reports Third Quarter Fiscal 2020 Results

Wednesday, 18 March, 2020

  • Net sales growth of 8% over prior year
  • Operating margins 10 basis points lower than prior year (110 basis points higher on adjusted basis)
  • Robust cash flow generation and a strong balance sheet

Webcast to be held Wednesday, March 18, 2020, at 5:00 PM ET

NOTE: A data supplement with additional financial information relating to the periods covered by this press release is available for download from the Company’s website at http://www.hermanmiller.com/investors

Herman Miller, Inc. (NASDAQ: MLHR) today announced results for its third quarter ended February 29, 2020. Net sales in the quarter totaled $665.7 million, an increase of 7.5% from the same quarter last fiscal year. New orders in the third quarter of $651.7 million were 6.3% above the prior year level.

 

 

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