External Factors Are Limiting MillerKnoll's Near-Term Potential -- Market Talk

Dow Jones03-26

0859 ET - MillerKnoll plunges after logging lower-than-expected profit and revenue in F3Q, as severe weather and rising geopolitical tensions reduced foot traffic in showrooms, according to Benchmark in a research note. The office-furniture company also issued a soft outlook, as the multitude of unknowns surrounding the war in Iran more than offset positive office leasing trends, the analysts say. "While we remain believers in the broader commercial interiors trajectory and appreciate the company's internal progress despite numerous headwinds, we feel the mounting external factors could limit near term potential," they add. Benchmark lowers its EPS forecasts for fiscal years 2026 and 2027. MillerKnoll tumbles 21% premarket. (connor.hart@wsj.com)

(END) Dow Jones Newswires

March 26, 2026 08:59 ET (12:59 GMT)

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The office-furniture company also issued a soft outlook, as the multitude of unknowns surrounding the war in Iran more than offset positive office leasing trends, the analysts say. \"While we remain believers in the broader commercial interiors trajectory and appreciate the company's internal progress despite numerous headwinds, we feel the mounting external factors could limit near term potential,\" they add. Benchmark lowers its EPS forecasts for fiscal years 2026 and 2027. MillerKnoll tumbles 21% premarket. 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