MillerKnoll Sees Q3 EPS $0.41-$0.47 Vs $0.56 Est.; Revenue $903M-$943M Vs $927.15M Est.
MillerKnoll Sees Q3 EPS $0.41-$0.47 Vs $0.56 Est.; Revenue $903M-$943M Vs $927.15M Est.
Third Quarter and Fiscal 2025 Outlook
The table below presents our expectations for third quarter and selected full year fiscal 2025 financial operating results:
2025财年第三季度及展望
下表展示了我们对2025财年第三季度及全年财务运营结果的预期：
| Q3 FY2025 | Full Year FY25 | |
| Net sales | $903 million to $943 million | |
| Gross margin % | 38.1% to 39.1% | |
| Adjusted operating expenses* | $293 million to $303 million | |
| Interest and other expense, net | $16.7 million to $17.7 million | |
| Adjusted effective tax rate* | 21.5% to 23.5% | |
| Adjusted earnings per share - diluted* | $0.41 to $0.47 | $2.11 to $2.17 |
| *Items indicated represent Non-GAAP measures. The Q3 FY2025 outlook excludes an expected $6 million in operating expense charges related to amortization of Knoll purchased intangibles and the related tax and earnings per share impact. | ||
| 2025财年第三季度 | 2025财年全年 | |
| 净销售额 | $90300万到$94300万 | |
| 毛利率 % | 38.1%到39.1% | |
| 调整后的营业费用* | $29300万 到 $30300万 | |
| 利息及其他费用，净额 | $1670万 到 $1770万 | |
| 调整后的有效税率* | 21.5% 到 23.5% | |
| 调整后的每股收益 - 稀释* | $0.41 到 $0.47 | $2.11 到 $2.17 |
| *所示项目代表非GAAP指标。2025财年第三季度的展望排除了预期的600万营业费用支出 与Knoll收购无形资产的摊销及相关税收和每股收益影响有关。 | ||
We are encouraged with both internal and external indicators that collectively support an expectation of improving demand trends in most of our markets. While we expect our fiscal third quarter to be impacted by typical seasonal softness in our Americas and International Contracts businesses as the calendar year comes to a close and by the timing of the Chinese New Year holiday, our full year guide reflects the improving demand trends. We narrowed our full year adjusted earnings per share range and modestly lowered the midpoint given the slower than expected macroeconomic improvements and lower than expected orders in the first half of the year. Our updated guidance continues to reflect full year sales and EPS growth over fiscal 2024.
我们对内部和外部因子感到鼓舞，这些因子共同支持我们对大多数市场需求趋势改善的预期。虽然我们预计，由于日历年度即将结束，以及中国农历新年假期的时间安排，我们的财政第三季度将受到美洲和国际合同业务典型季节性疲软的影响，但我们的全年度指导反映了改善的需求趋势。我们缩小了全年度调整每股收益的区间，并因宏观经济改善低于预期和上半年订单低于预期而稍微降低了中值。我们的最新指导继续反映出2024财年全年度销售和每股收益的增长。
Due to the timing dynamic of this year's holiday/cyber promotional period, we estimate approximately $12 million in Global Retail net sales shifted from our fiscal second quarter into our fiscal third quarter, as compared to the prior year. This is reflected in our third quarter guidance.
由于今年假期/网络促销期间的时间动态，我们估计约1200万全球零售净销售额由我们财政第二季度转移到我们财政第三季度，相较于去年。这在我们的第三季度指导中得到了反映。
