Herman Miller Reports Fourth Quarter Fiscal 2019 Results
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Herman Miller (MLHR) Tops Q4 EPS by 1c, Revenues Beat; Offer 1Q EPS Guidance Above Consensus, 1Q Revenue Mid-Point Guidance Above Consensus
June 26, 2019 4:08 PM EDTHerman Miller (NASDAQ: MLHR) reported Q4 EPS of $0.78, $0.01 better than the analyst estimate of $0.77. Revenue for the quarter came in at $671 million versus the consensus estimate of $657.23 million.
Record net sales of $671 million, reflecting 9% growth over last year (8% organic growth)Operating margin expansion of 140 basis pointsAnnounces 6% increase in quarterly... More