MillerKnoll (MLKN)

Company Profile

MillerKnoll is a collective of dynamic brands that comes together to design the world we live in. MillerKnoll includes Herman Miller and Knoll, plus Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman Leather, Fully, Geiger, HAY, Holly Hunt, KnollTextiles, Maars Living Walls, Maharam, Muuto, naughtone, and Spinneybeck|FilzFelt. MillerKnoll is an unparalleled platform that redefines modern for the 21st century by building a more sustainable, equitable, and beautiful future for everyone.

Company profile

Ticker

MLKN

Exchange

NASDAQ

Website

www.millerknoll.com

CEO

Andrea Owen

Incorporated

Michigan

Location

Michigan

Fiscal year end

Jun 03

Sector

Manufacturing > Wood Office Furniture Manufacturing

Industry (SIC)

Office Furniture

Former names

HERMAN MILLER INC, MILLER HERMAN INC

SEC CIK

0000066382

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Colebrook Bosson & Saunders (Products) Limited • Colebrook Bosson Saunders Pty Ltd • Conrad Imports, Inc. • Design Within Reach, Inc. • Edelman Leather Limited • Edelman Leather, LLC • FHI, LLC • Fully Europe BV • Fully LLC • Geiger International, Inc. ...

IRS number

380837640

MLKN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

18 Oct 22

8-K

Submission of Matters to a Vote of Security Holders

12 Oct 22

MillerKnoll, Inc. Reports First Quarter Fiscal 2023 Results

28 Sep 22

8-K

Results of Operations and Financial Condition

8 Sep 22

DEFA14A

Additional proxy soliciting materials

2 Sep 22

26 Jul 22

MillerKnoll, Inc. Reports Fourth Quarter Fiscal 2022 Results

29 Jun 22

10-K/A

2021 FY

Annual report (amended)

10 Jun 22

Transcripts

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MLKN

Earnings call transcript

2023 Q1

29 Sep 22

MLKN

Earnings call transcript

2022 Q4

30 Jun 22

MLKN

Earnings call transcript

2022 Q3

30 Mar 22

MLKN

Earnings call transcript

2022 Q2

5 Jan 22

MLKN

Earnings call transcript

2022 Q1

30 Sep 21

MLKN

Earnings call transcript

2021 Q4

29 Jun 21

MLKN

Earnings call transcript

2021 Q3

18 Mar 21

MLKN

Earnings call transcript

2021 Q2

17 Dec 20

MLKN

Earnings call transcript

2021 Q1

17 Sep 20

MLKN

Earnings call transcript

2020 Q4

30 Jun 20

Latest ownership filings

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Bruce Benedict Watson

3 Aug 22

Jeffrey M Stutz

3 Aug 22

Financial summary

Financial statements Chart MLKN financial data

Quarter (USD)	Sep 22	May 22	Feb 22	Nov 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	May 22	May 21	May 20	May 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	215.80 mm	215.80 mm	215.80 mm	215.80 mm	215.80 mm	215.80 mm
Cash burn (monthly)	4.83 mm	1.61 mm	(no burn)	(no burn)	21.60 mm	2.08 mm
Cash used (since last report)	14.90 mm	4.96 mm	n/a	n/a	66.58 mm	6.42 mm
Cash remaining	200.90 mm	210.84 mm	n/a	n/a	149.22 mm	209.38 mm
Runway (months of cash)	41.6	131.1	n/a	n/a	6.9	100.5

Beta Read what these cash burn values mean

Financial data from MillerKnoll earnings reports.

Institutional ownership, Q3 2022

MLKN institutional ownership history Ownership history

87.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	217	240	-9.6%
Opened positions	26	29	-10.3%
Closed positions	49	39	+25.6%
Increased positions	91	97	-6.2%
Reduced positions	70	79	-11.4%

13F shares	Current	Prev Q	Change
Total value	1.03 bn	1.82 bn	-43.4%
Total shares	66.14 mm	69.34 mm	-4.6%
Total puts	215.30 k	118.60 k	+81.5%
Total calls	43.60 k	138.10 k	-68.4%
Total put/call ratio	4.9	0.9	+475.0%

Largest owners	Shares	Value	Change
BLK Blackrock	8.41 mm	$131.15 mm	-0.5%
Vanguard	7.28 mm	$113.52 mm	+0.8%
Beutel, Goodman & Co	5.58 mm	$87.00 mm	-0.7%
Fuller & Thaler Asset Management	4.31 mm	$67.25 mm	+104.2%
Scharf Investments	4.02 mm	$62.65 mm	+7.9%
Deprince Race & Zollo	2.10 mm	$32.75 mm	+11.2%
Vulcan Value Partners	1.74 mm	$27.12 mm	+27.5%
Silvercrest Asset Management	1.67 mm	$26.04 mm	-8.5%
Nantahala Capital Management	1.56 mm	$24.37 mm	-8.5%
Geode Capital Management	1.41 mm	$22.02 mm	+1.1%

Largest transactions	Shares	Bought/sold	Change
Alliancebernstein	1.05 mm	-3.59 mm	-77.4%
STT State Street	0.00	-2.45 mm	EXIT
Fuller & Thaler Asset Management	4.31 mm	+2.20 mm	+104.2%
Eaton Vance Management	440.68 k	-1.94 mm	-81.5%
Renaissance Technologies	555.68 k	+495.56 k	+824.3%
Citadel Advisors	775.80 k	+457.18 k	+143.5%
Prospect Capital Advisors	0.00	-390.85 k	EXIT
Vulcan Value Partners	1.74 mm	+374.92 k	+27.5%
Assenagon Asset Management	405.83 k	+374.05 k	+1177.3%
Millennium Management	1.17 mm	+355.48 k	+43.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MLKN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Oct 22	Stutz Jeffrey M	Common Stock	Discretionary	Acquire I	Yes	No	18.59	11,204.392	208.29 k	13,369.382
3 Oct 22	Owen Andrea	Common Stock	Buy	Acquire P	No	No	16.8789	60,606	1.02 mm	100,468
4 Aug 22	Richard Scott	Common Stock	Sell	Dispose S	No	No	30.96	226	7.00 k	2,838.433
4 Aug 22	Richard Scott	Common Stock	Sell	Dispose S	No	No	30.96	302	9.35 k	3,064.433
1 Aug 22	Christopher M Baldwin	Common Stock	Payment of exercise	Dispose F	No	No	30.63	190.656	5.84 k	25,057
1 Aug 22	Christopher M Baldwin	Common Stock	Option exercise	Acquire M	No	No	30.63	428	13.11 k	25,247.656
1 Aug 22	Christopher M Baldwin	RSU Common Stock	Option exercise	Dispose M	No	No	0	428	0.00	26,243
1 Aug 22	Groom Benjamin P.T.	Common Stock	Payment of exercise	Dispose F	No	No	30.63	193.131	5.92 k	4,921.152
1 Aug 22	Groom Benjamin P.T.	Common Stock	Option exercise	Acquire M	No	No	0	582	0.00	5,114.283
1 Aug 22	Groom Benjamin P.T.	Common Stock	Payment of exercise	Dispose F	No	No	30.63	351.507	10.77 k	4,532.283