How were Herman Miller's earnings last quarter?

Herman Miller, Inc. (NASDAQ:MLHR) issued its quarterly earnings results on Tuesday, September, 28th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.01. The business services provider had revenue of $789.70 million for the quarter, compared to the consensus estimate of $648.20 million. Herman Miller had a net margin of 1.47% and a trailing twelve-month return on equity of 15.85%. The business's revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.24 earnings per share.

Is Herman Miller a good dividend stock?

Herman Miller (NASDAQ:MLHR) pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 22.52%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MLHR .

What is Andi Owen's approval rating as Herman Miller's CEO?

54 employees have rated Herman Miller Chief Executive Officer Andi Owen on Glassdoor.com . Andi Owen has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Herman Miller own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Herman Miller investors own include AT&T (T) , AbbVie (ABBV) , Intel (INTC) , Pfizer (PFE) , Energy Transfer (ET) , Verizon Communications (VZ) , Medallion Financial (MFIN) , Target (TGT) , Advanced Micro Devices (AMD) and Cisco Systems (CSCO) .

Does Herman Miller have any subsidiaries?

The following companies are subsidiares of Herman Miller: Colebrook Bosson & Saunders Products Limited, Colebrook Bosson Saunders, Colebrook Bosson Saunders Pty. Ltd., Design Within Reach, Design Within Reach Inc., Geiger International Inc., HM Delaware LLC, HMI Liquidating Company, Hemiri S.A. de C.V., Herman Miller (Aust.) Proprietary Limited, Herman Miller (Ningbo) Furniture Co. Ltd., Herman Miller Asia (Pte.) Ltd., Herman Miller B.V., Herman Miller Canada Inc., Herman Miller Consumer Co., Herman Miller Consumer Corporation Canada, Herman Miller Finance Company (Hong Kong) LImited, Herman Miller Furniture (India) Pvt. Ltd., Herman Miller Global Customer Solutions (Hong Kong) Limited, Herman Miller Global Customer Solutions Inc., Herman Miller Global Holdings Luxembourg S.à r.l., Herman Miller Holdings Limited, Herman Miller International Finance Luxembourg S.à r.l., Herman Miller Japan Ltd., Herman Miller Korea LLC, Herman Miller Limited, Herman Miller Mexico S.A. de C.V., Herman Miller Servicios S. de R.L. de C.V., Herman Miller do Brasil Ltda., Herman Miller do Brasil Ltda., Knoll, Maars Living Walls, Maharam B.V., Maharam Fabric Corporation, Maharam Fabric Corporation, Meridian Incorporated, Milsure Insurance Ltd., Naught One Ltd., Naughtone (Holdings) Limited, Naughtone Manufacturing Ltd., Nemschoff, Nemschoff Inc., POSH Office Systems, POSH Office Systems (Hong Kong) Limited, and Sun Hing POSH Holdings Limited. Read More

NASDAQ:MLHR

Herman Miller (MLHR) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: $36.96
▼
$42.57
52-Week Range: N/A

Volume: 38,689 shs
Average Volume: 657,555 shs
Market Capitalization: $2.95 billion

P/E Ratio: 11.69
Dividend Yield: 1.93%
Price Target: N/A

Stock Analysis

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About Herman Miller Stock (NASDAQ:MLHR)

Herman Miller, Inc. engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate. The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings throughout the United States and Canada. The International Contract segment covers operations in the Europe, Middle East, and Africa; Latin America; and Asia-Pacific geographic regions. The Retail segment focuses on the sale of modern design furnishings and accessories to third party retail distributors. The Corporate segment consists of unallocated expenses related to general corporate functions including certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.

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MLHR Stock News Headlines

April 16, 2024 | msn.com

Sihoo is Giving Herman Miller a Run for Its Money with the New Doro S300 Ergonomic Chair

April 4, 2024 | msn.com

Herman Miller Aeron vs Embody

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 29, 2024 | msn.com

Miller Outdoor Theatre raises the curtain on 2024 season at Hermann Park

March 22, 2024 | yahoo.com

Herman Miller Coupons for {month} {year} | {offer_label}

March 1, 2024 | msn.com

Herman Miller is selling vintage posters, and we want to buy all of them

February 28, 2024 | msn.com

Industrial Facility designs Herman Miller furniture to be relevant and lasting

February 21, 2024 | msn.com

Herman Miller's Presidents Day sale is still on: Your last chance to save 20% on gaming and office chairs

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 16, 2024 | msn.com

Herman Miller's Presidents' Day sale is on: Save 20% on the best gaming and office chairs

February 14, 2024 | msn.com

Herman Miller sale: 20% off office chairs and standing desks

January 30, 2024 | msn.com

Dezeen Agenda features Herman Miller's first rebrand in over two decades

January 23, 2024 | msn.com

Herman Miller unveils first rebrand in over three decades

January 18, 2024 | msn.com

Herman Miller New Year Sale: 20% off ergonomic office chairs

January 4, 2024 | msn.com

Herman Miller's brand refresh is a masterclass in timeless design

December 8, 2023 | msn.com

Don Chadwick's Herman Miller seating aims to "improve the way people live and work"

November 29, 2023 | msn.com

Studio 7.5 and Herman Miller co-create four cutting-edge office chairs

November 27, 2023 | msn.com

Herman Miller gaming chairs are 29% off with free shipping, including our favorite luxury chair

November 26, 2023 | yahoo.com

This is great! The iconic Herman Miller Aeron office chair has 25% off

November 24, 2023 | msn.com

I can't believe the iconic Herman Miller Aeron still has 25% off

November 17, 2023 | msn.com

Herman Miller Black Friday sale: Save 25% on the best gaming and office chairs you can buy

November 8, 2023 | finance.yahoo.com

Herman Miller expands OE1 Workspace Collection designed by Sam Hecht and Kim Colin of Industrial Facility

November 7, 2023 | finance.yahoo.com

Herman Miller and Design Within Reach (DWR) Bring 3D Product Visualization to Retail Sites

October 26, 2023 | msn.com

Herman Miller x Logitech G Embody Review

September 26, 2023 | msn.com

Herman Miller is only making 250 of these gaming chairs

September 24, 2023 | msn.com

The Best Herman Miller Chairs for Gaming in 2023

September 21, 2023 | msn.com

Razer goes after the Herman Miller Aeron with its Fujin gaming chair

See More Headlines

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Company Calendar

Last Earnings: 9/28/2021
Today: 4/18/2024
Fiscal Year End: 5/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Office Furniture
Sub-Industry: Office Services & Supplies
Current Symbol: NASDAQ:MLHR
CUSIP: 60054410
CIK: 66382
Web: www.hermanmiller.com
Phone: (616) 654-3000
Fax: 616-654-3632
Employees: 7,600
Year Founded: 1905

Profitability

EPS (Most Recent Fiscal Year): $3.33
Trailing P/E Ratio: 11.69
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $173.10 million
Net Margins: 1.47%
Pretax Margin: 2.35%
Return on Equity: 15.85%
Return on Assets: 5.94%

Debt

Debt-to-Equity Ratio: 0.88
Current Ratio: 1.41
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $2.47 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 8.01
Book Value: $19.47 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 75,774,000
Free Float: 74,872,000
Market Cap: $2.95 billion
Optionable: Optionable
Beta: 1.31

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Key Executives

Andrea R. Owen
President, Chief Executive Officer & Director
Richard Scott
Chief Manufacturing & Operations Officer
Jeffrey M. Stutz
Chief Financial Officer & Executive Vice President
Jeffrey L. Kurburski
Chief Technology Officer
Benedict Bruce Watson
Chief Creative Officer

Key Competitors

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MLHR Stock Analysis - Frequently Asked Questions

How were Herman Miller's earnings last quarter?: Herman Miller, Inc. (NASDAQ:MLHR) issued its quarterly earnings results on Tuesday, September, 28th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.01. The business services provider had revenue of $789.70 million for the quarter, compared to the consensus estimate of $648.20 million. Herman Miller had a net margin of 1.47% and a trailing twelve-month return on equity of 15.85%. The business's revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.24 earnings per share.
Is Herman Miller a good dividend stock?: Herman Miller (NASDAQ:MLHR) pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 22.52%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MLHR.
What is Andi Owen's approval rating as Herman Miller's CEO?: 54 employees have rated Herman Miller Chief Executive Officer Andi Owen on Glassdoor.com. Andi Owen has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Herman Miller own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Herman Miller investors own include AT&T (T), AbbVie (ABBV), Intel (INTC), Pfizer (PFE), Energy Transfer (ET), Verizon Communications (VZ), Medallion Financial (MFIN), Target (TGT), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).
Does Herman Miller have any subsidiaries?: The following companies are subsidiares of Herman Miller: Colebrook Bosson & Saunders Products Limited, Colebrook Bosson Saunders, Colebrook Bosson Saunders Pty. Ltd., Design Within Reach, Design Within Reach Inc., Geiger International Inc., HM Delaware LLC, HMI Liquidating Company, Hemiri S.A. de C.V., Herman Miller (Aust.) Proprietary Limited, Herman Miller (Ningbo) Furniture Co. Ltd., Herman Miller Asia (Pte.) Ltd., Herman Miller B.V., Herman Miller Canada Inc., Herman Miller Consumer Co., Herman Miller Consumer Corporation Canada, Herman Miller Finance Company (Hong Kong) LImited, Herman Miller Furniture (India) Pvt. Ltd., Herman Miller Global Customer Solutions (Hong Kong) Limited, Herman Miller Global Customer Solutions Inc., Herman Miller Global Holdings Luxembourg S.à r.l., Herman Miller Holdings Limited, Herman Miller International Finance Luxembourg S.à r.l., Herman Miller Japan Ltd., Herman Miller Korea LLC, Herman Miller Limited, Herman Miller Mexico S.A. de C.V., Herman Miller Servicios S. de R.L. de C.V., Herman Miller do Brasil Ltda., Herman Miller do Brasil Ltda., Knoll, Maars Living Walls, Maharam B.V., Maharam Fabric Corporation, Maharam Fabric Corporation, Meridian Incorporated, Milsure Insurance Ltd., Naught One Ltd., Naughtone (Holdings) Limited, Naughtone Manufacturing Ltd., Nemschoff, Nemschoff Inc., POSH Office Systems, POSH Office Systems (Hong Kong) Limited, and Sun Hing POSH Holdings Limited.
Read More

This page (NASDAQ:MLHR) was last updated on 4/18/2024 by MarketBeat.com Staff

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Herman Miller (MLHR) Stock Price, News & Analysis

About Herman Miller Stock (NASDAQ:MLHR)

MLHR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

MLHR Stock Analysis - Frequently Asked Questions

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