Strong retail performance powers Herman Miller’s first quarter fiscal 2021 results
Thursday, 17 September, 2020
ZEELAND — With some lingering economic effects of the COVID-19 pandemic weighing it down, Zeeland-based office furniture giant Herman Miller (NASDAQ: MLHR) still offered a better-than-expected earnings report late Wednesday.
The company saw a 6.6 percent drop in total revenue, totaling $626.8 million for the first quarter of fiscal year 2021 compared to $670.9 million at the same time last year. Still, the slight dip was not as bad as most analyst had forecast.
JSA CONSULTANCY SERVICES
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