MillerKnoll projects boost from lower interest rates
MillerKnoll, a global leader in office furniture manufacturing, reported a mixed first quarter for fiscal year 2025, with consolidated orders rising by 2.4% to $936 million, driven by strong performance in the Americas Contract segment. Despite the increase in orders, net sales saw a 6.1% decline to $862 million, attributed to longer order-to-shipment times.