Herman Miller Reports First Quarter Fiscal 2021 Results

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Herman Miller (MLHR) Tops Q1 EPS by 98c, Revenues Beat

September 16, 2020 4:07 PM EDT

Herman Miller (NASDAQ: MLHR) reported Q1 EPS of $1.24, $0.98 better than the analyst estimate of $0.26. Revenue for the quarter came in at $626.8 million versus the consensus estimate of $524.83 million.

Strong Retail performance and improving global trends help offset near-term demand pressures in North AmericaRobust gross margin of 39.9% reflects an increase of 320 basis points from last... More