Knoll (KNL) Tops Q3 EPS by 4c
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Knoll Reports Strong Operating Margins and Profits
October 21, 2015 8:06 AM EDTÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â
EAST GREENVILLE, PA, October 21, 2015 -- Knoll, Inc. (NYSE: KNL) today announced results for the third quarter ended September 30, 2015. Net sales were $263.6 million for the third quarter, a slight decrease of 1.8%, or 0.2% on a constant currency basis from the third quarter of 2014. Operating profit for the quarter increased to $28.7 million, when compared to operating profit of $23.3 million in the third quarter of 2014. Adjusted operating profit for the quarter was $29.1 million, a 24.4% increase from the third quarter of 2014. Net earnings for the third quarter of 2015... More
