Daily BriefsEquity Bottom-Up

Daily Brief Equity Bottom-Up: MillerKnoll and more

In today’s briefing:

  • MillerKnoll, Inc. – Raising 3Q Estimate; Seeing Strength in Retail


MillerKnoll, Inc. – Raising 3Q Estimate; Seeing Strength in Retail

By Water Tower Research

  • Following a strong margin performance in 2Q, we are raising our 3QFY24 EPS estimate to $0.43, just below the midpoint of guidance, from $0.38.
  • The increase is the result of higher margin assumptions on a lower revenue forecast.
  • We are also reviewing and lowering our revenue assumptions for the remainder of FY24 and FY25. 

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