Earnings Call Summary | MillerKnoll(MLKN.US) Q4 2024 Earnings Conference
Earnings Call Summary | MillerKnoll(MLKN.US) Q4 2024 Earnings Conference
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: This article is generated by AI. The accuracy of the content can not be fully guaranteed. 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:本文由AI生成。文章內容的準確性無法完全保證。有關更全面的詳細信息,請參閱IR網站。本文只是爲投資者提供參考,沒有任何指導或推薦建議。