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Earnings Call Summary | MillerKnoll(MLKN.US) Q4 2024 Earnings Conference

Earnings Call Summary | MillerKnoll(MLKN.US) Q4 2024 Earnings Conference

業績會總結 | MillerKnoll(MLKN.US) 2024年第四季度業績會
富途資訊 ·  06/27 13:37  · 電話會議

The following is a summary of the MillerKnoll, Inc. (MLKN) Q4 2024 Earnings Call Transcript:

以下是MillerKnoll,Inc. (MLKN) Q4 2024業績會議電話記錄摘要:

Financial Performance:

金融業績:

  • MillerKnoll reported Q4 adjusted diluted earnings of $0.67 per share, driven by strong gross margin performance and favorable tax impacts.

  • Q4 consolidated net sales totaled $889 million, with an organic decrease of 5.2% year-over-year. However, new orders showed organic growth of 3%.

  • Gross margin for the quarter improved by 250 basis points year-over-year to 39.6%, driven by price realization, inventory management, and optimized product mix.

  • The consolidated adjusted operating margin increased to 8.3%, up 240 basis points year-over-year.

  • MillerKnoll報告Q4每股調整稀釋收益爲0.67美元,強勁的毛利率表現和利好稅收影響推動了業績。

  • Q4合併淨銷售額爲8.89億美元,同比有機下降5.2%。然而,新訂單顯示有機增長3%。

  • 本季度毛利率較去年同期改善了250個點子,達到39.6%,這是由於價格實現,庫存管理和優化產品組合推動的。

  • 合併調整後營業利潤率同比提高240個點子至8.3%。

Business Progress:

業務進展:

  • MillerKnoll emphasized investment in expanding digital platforms and MillerKnoll showrooms globally.

  • Introduced over 30 new products during Design Days, with notable industry awards for innovation and design.

  • Transitioned 19 dealers internationally to full MillerKnoll dealers and aims to transition 100% of the global network by the end of fiscal 2025.

  • Showcased commitment to sustainability with a top 5% EcoVadis rating and receiving the 2024 SEAL Sustainable Innovation Award.

  • MillerKnoll強調在全球範圍內擴大數字平台和MillerKnoll展廳的投資。

  • 在設計日推出了30多種新產品,創新和設計方面獲得了行業知名獎項。

  • 將19家國際經銷商轉型爲完整的MillerKnoll經銷商,並計劃在2025財年結束時將全球網絡轉型爲100%。

  • 展示了對可持續性的承諾,獲得了排名前5%的EcoVadis評級並獲得了2024 SEAL可持續創新獎。

Opportunities:

機會:

  • Anticipated growth in the global retail segment by investing in new stores and expanding product assortments.

  • Increase in MillerKnoll showroom investments and the potential uplift from improvements expected in the housing market.

  • 預計通過投資新店和擴大產品組合來實現全球零售業務的增長。

  • MillerKnoll展廳投資增加,預計房地產市場改善將推動業績提升。

Risks:

風險:

  • Economic fluctuations and reductions in consumer spending affecting demand levels within the Global Retail segment.

  • Potential for increased pricing and discounting pressures as market conditions evolve.

  • 全球零售業務受經濟波動和消費者支出減少影響,需求水平下降。

  • 市場條件發生變化可能導致價格和折扣壓力增加。

More details: MillerKnoll IR

更多詳情:MillerKnoll IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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