MillerKnoll reports decline in Q3 sales; reduces workforce

ZEELAND, Mich. – Office and contract furniture giant MillerKnoll reported $872.3 million in third quarter net sales, an 11.4% decline from last year. Last quarter, the company also reported an 11% decline.

Sales decreased across all three of the company’s segments, falling 9% in America contract, 10.4% in international contract and 17% in global retail. Orders for the quarter also fell, dropping 6.2% from last year.

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