ZEELAND, MI -- Office furniture manufacturer Herman Miller Inc. (NASDAQ: MLHR) posted net sales of $380.7 million for its first quarter ended August 28, 17.5% higher than the prior year first quarter and up 18.4% sequentially relative to the fourth quarter of last fiscal year.
Brian Walker, CEO, said, "We were particularly encouraged to see a notable improvement in orders within our core North American office market, which in recent quarters has lagged the other areas of our business. We made solid progress this quarter across a range of initiatives, including the launch of our Thrive ergonomic solutions portfolio, development of an upcoming e-commerce retail storefront, and the completion of our aggressive fall product launch schedule."
Last week, it was announced that Herman Miller has secured more than $7 million in state tax incentives toward developing a new healthcare manufacturing facility and a design center in Holland, MI.
Read Herman Miller's press release.
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