Knoll (KNL) Tops Q3 EPS by 3c
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Knoll Reports Continued Growth and Margin Expansion
October 20, 2016 4:02 PM EDTEAST GREENVILLE, PA, October 20, 2016 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the third quarter ended September 30, 2016. Net sales were $292.1 million for the third quarter, an increase of 10.8%, from the third quarter of 2015. Operating profit for the quarter increased 22.6%, to $35.2 million, compared to operating profit of $28.7 million for the third quarter of 2015. Net earnings for the third quarter of 2016 were $21.6 million, an increase of 21.2% when compared to the third quarter of... More
