In today’s briefing:
- MillerKnoll, Inc. – Raising 3Q Estimate; Seeing Strength in Retail
MillerKnoll, Inc. – Raising 3Q Estimate; Seeing Strength in Retail
- 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.