ZEELAND, MI – Herman Miller Inc. announced results for its second quarter of fiscal year 2009. Net earnings were $32.6 million, down 20.5% from $41.0 million during the same period last year. Consolidated net sales for the quarter were $476.6 million, down 5.8% from the same period last year.
Brian Walker, CEO, said, "In the face of a challenging economy and tough prior year comparisons, we demonstrated our ability to deliver strong operating performance and the resiliency of our business model. Our people have done an exceptional job of managing cost and productivity, prioritizing activities that are crucial to serving our customers today, while continuing to invest in capabilities to fuel our long-term growth."
Have something to say? Share your thoughts with us in the comments below.