MillerKnoll stops distribution to Russia, Belarus and Ukraine

Global furniture maker MillerKnoll Inc. will not be fulfilling or accepting new orders from Russia and Belarus, the aggressors in the invasion of Ukraine, the company said during recent earnings results.

MillerKnoll also said that it had has ceased new orders and fulfillments in Ukraine "out of safety." The company said in its third-quarter results statement that it historically sells products to two dealers in each of the three countries.

The Zeeland-based manufacturer’s third-quarter results for the 2022 fiscal year revealed $1.1 billion in orders during the quarter, which was up 93.6 percent compared to the prior year and 31.5 percent organically, not factoring in the increase from the merging of Herman Miller and Knoll that closed in July of 2021.

Companywide sales for the quarter came in at $1 billion, which signified a 20.3-percent organic increase from last year’s third-quarter sales totals. Meanwhile, adjusted earnings per share dropped 57 percent, from 65 cents per diluted share in Q3 2021 to 28 cents per diluted share.

MillerKnoll’s international contract segment experienced a 25.9-percent sales increase while orders shot up 70 percent. 

MillerKnoll has contended with factors hindering it from producing and shipping orders in a timely fashion. The company estimated that these disruptions impacted net sales by around $34 million during the third quarter alone. The company also is also sitting on a backlog of orders worth $1 billion.


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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).