Herman Miller Reports Third Quarter Fiscal 2020 Results

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Go back to Herman Miller Reports Third Quarter Fiscal 2020 Results

Herman Miller (MLHR) Tops Q3 EPS by 5c, Revenues Miss; Will not Provide 4Q Guidance due to COVID-19

March 18, 2020 4:08 PM EDT

Herman Miller (NASDAQ: MLHR) reported Q3 EPS of $0.74, $0.05 better than the analyst estimate of $0.69. Revenue for the quarter came in at $665.7 million versus the consensus estimate of $679.45 million.

Andi Owen, President and Chief Executive Officer, stated, "Despite the uncertain global economic environment resulting from coronavirus concerns, we delivered adjusted earnings per share that exceeded the expectations that we established at the start of the quarter. While we experienced uneven demand... More