Is MillerKnoll, Inc. (MLKN) The Best Furniture Stock To Invest In According To Analysts? [Yahoo! Finance]
MillerKnoll, Inc. (MLKN)
Company Research
Source: Yahoo! Finance
MillerKnoll, Inc. (NASDAQ:MLKN) stands against other best furniture stocks to invest in according to analysts. The furniture industry has faced some serious headwinds over the past years. Last time the industry was thriving at substantial growth rates was in 2021, when a surge in consumer spending after the pandemic uplifted the industry. According to a report by Home Furnishing Business, the furniture and bedding industry sales grew by around 21.9% during 2021. However, the growth trend couldn't sustain for long due to the rise in inflation, which resulted in the growth falling to only 5.2% in 2022 and negative 0.4% in 2023. Fastforwarding to 2024, it seems that the furniture industry is yet to rebound from its post pandemic lows. Most of the major players in the furniture retail industry of the United States posted declining sales and falling share values during the first quarter of fiscal 2024. According to a report by Forbes, the sales of furniture and home furnishings were do
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News
- Online Home Decor Market Analysis 2025-2030 - A $12 Billion Opportunity - Rising Inclination Towards Eco-Friendly Home Decor Items [Yahoo! Finance]Yahoo! Finance
- Desk Lamp Market to hit USD 2.4 billion by 2032, says Global Market Insights Inc. [Yahoo! Finance]Yahoo! Finance
- MillerKnoll Schedules Second Quarter Fiscal Year 2025 Conference Call and WebcastPR Newswire
- MillerKnoll (NASDAQ:MLKN) Will Want To Turn Around Its Return Trends [Yahoo! Finance]Yahoo! Finance
- Herman Miller lowers carbon footprint within the brand's performance seating portfolio through updates to Mirra 2 Chair and Stool [Yahoo! Finance]Yahoo! Finance
MLKN
Earnings
- 9/19/24 - Miss
MLKN
Sec Filings
- 11/15/24 - Form SCHEDULE
- 11/12/24 - Form SC
- 10/31/24 - Form SC
- MLKN's page on the SEC website