MillerKnoll, Inc. (MLKN) Q1 2025 Earnings Call Transcript Summary
MillerKnoll, Inc. (MLKN) Q1 2025 Earnings Call Transcript Summary
Gross margin maintained at 39%, reflecting a balance of incremental pricing benefits and cost management despite decreased production levels.The following is a summary of the MillerKnoll, Inc. (MLKN) Q1 2025 Earnings Call Transcript:
以下是MillerKnoll, Inc. (MLKN) 2025年第一季度業績會議呼叫成績單摘要:
Financial Performance:
金融業績：
Consolidated orders amounted to $936 million, growing 2.4% year-over-year and up 3.5% on an organic basis.
First quarter consolidated net sales decreased by 6.1% year-over-year to $862 million.
Gross margin maintained at 39%, reflecting a balance of incremental pricing benefits and cost management despite decreased production levels.
Operating income in various segments shows a mix of efficiency improvements and decreased leverage on fixed costs due to reduced volume.
Cash flow from operations generated was $21 million.
合併訂單總額達到93600萬美元，同比增長2.4％，有機基礎上增長3.5％。
第一季度合併淨銷售額同比下降6.1％，至86200萬美元。
毛利率保持在39％，反映出在產量下降的情況下，增量定價優勢和成本管理的平衡。
各領域的營運收入顯示出效率改善和由於成交量減少而固定成本槓桿減少的各種因素。
運營現金流爲2100萬美元。
Business Progress:
業務進展：
Launched new initiatives supporting the contract business and introduced significant new products including sustainable materials like bamboo-based leather and Bio-Pur foam.
Opened new flagship locations in London and New York to enhance customer experience and showcase comprehensive product offerings.
Received recognition for healthcare design innovation and focused on strengthening the retail segment's performance by expanding product assortments and enhancing customer engagement strategies.
Strategic Board enhancements with additions bringing expertise in technology, architecture, design, and hospitality.
推出了支持合同業務的新舉措，並推出了重要的新產品，包括竹基皮革和Bio-Pur泡沫等可持續材料。
在倫敦和紐約開設了新的旗艦店，以提升客戶體驗並展示全面的產品供應。
獲得了醫療保健設計創新方面的認可，並專注於通過擴展產品品種和加強客戶參與策略來增強零售業務部門的表現。
通過增加技術、建築、設計和酒店方面的專業知識，對董事會進行了戰略性增強。
Opportunities:
機會：
The introduction of new product lines and expansion into sustainable materials indicates a strong push toward innovation and environmental sustainability, which could attract a broader customer base.
Expansion of retail and contract showrooms in key markets like London and New York positions the company to capitalize on these high-value geographical markets.
Initiatives to enhance customer experiences align with the growing trend of experiential retail, which can drive higher engagement and sales.
推出新產品線並擴展到可持續材料表明公司正在積極向創新和環保可持續性方向努力，這可能會吸引更廣泛的客戶群。
在倫敦和紐約等關鍵市場擴大零售和合同展廳的規模，使公司能夠充分利用這些高價值地理市場。
致力於提升客戶體驗的舉措與體驗式零售增長趨勢相一致，可推動更高的參與度和銷售額。
Risks:
風險：
Increasing the average time between order entry and shipment could delay revenue recognition, impacting financial performance in the short term. This trend, if it continues, might affect the company's ability to quickly capitalize on market demand.
延長訂單錄入和發貨之間的平均時間可能會延遲收入確認，從而影響短期內的財務表現。如果這一趨勢持續下去，可能會影響公司迅速利用市場需求的能力。
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。