MLKN ▼ -4.5% - MillerKnoll, Inc. $MLKN Q1 2027: Net income EPS $0.38, adj. $0.53 Revenue $923.4m, down 3.4% YoY Gross margin +320 bps to 41.7% $10m tariff refund benefit Orders up 3.2% YoY Q2 guidance: $0.43-$0.49 adj. EPS MillerKnoll fell 4.5% despite reporting Q1 adjusted earnings of $0.53 per share on revenue of $923.4 million, which declined 3.4% year-over-year, as investors focused on the company's Q2 guidance of $0.43–$0.49 adjusted EPS—a step down from Q1's result. The stock's decline came even as the company expanded gross margin by 320 basis points to 41.7% and saw orders grow 3.2% year-over-year, offset by revenue contraction and lower earnings expected in the coming quarter. 22-SEP-2026 07:06 AM ET