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Herman Miller Inc (MLHR.F)

MLHR.F on Frankfurt Stock Exchange

29.32EUR
21 Jul 2017
Change (% chg)

€0.70 (+2.45%)
Prev Close
€28.62
Open
€28.74
Day's High
€29.32
Day's Low
€28.74
Volume
63
Avg. Vol
5
52-wk High
€34.01
52-wk Low
€23.91

Latest Key Developments (Source: Significant Developments)

Herman Miller Q4 earnings per share $0.55
Wednesday, 5 Jul 2017 04:05pm EDT 

July 5 (Reuters) - Herman Miller Inc ::Herman miller reports fourth quarter fiscal 2017 results.Q4 earnings per share $0.55.Q4 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Q4 sales $577.2 million versus i/b/e/s view $583.5 million.Sees q1 2018 earnings per share $0.55 to $0.59.Sees q1 2018 sales $570 million to $590 million.Q4 adjusted earnings per share $0.64 excluding items.Announced an increase in its quarterly cash dividend to $0.18 per share payable in October 2017.Change in dividend represents an increase of 6% from previous dividend payout of $0.17 per share.Herman miller inc - company recognized pre-tax restructuring expenses totaling $1.7 million in q4.Herman miller inc - during q4, co also recognized pretax asset impairment expenses totaling $7.1 million associated with Nemschoff trade name intangible.Herman miller- adjusted for impact of dealer divestiture, foreign currency translation, q1 sales forecast implies organic sales growth of 5.0%.Q1 earnings per share view $0.56, revenue view $585.3 million -- Thomson Reuters I/B/E/S.Herman miller inc - new orders in q4 of $568.1 million were 6.3% below prior year level.  Full Article

Herman Miller says entered interest rate swap agreement on June 12 - SEC Filing
Tuesday, 13 Jun 2017 11:55am EDT 

June 13 (Reuters) - Herman Miller Inc : :Says on June 12, co entered interest rate swap agreement, swap transaction for an aggregate notional amount of $75.0 million .Swap transaction has a forward start date of January 3, 2018 and termination date of January 3, 2028.In connection transaction, co effectively to convert $75 million of outstanding indebtedness to fixed interest rate plus applicable margin.  Full Article

Herman Miller reports Q3 EPS $0.37
Wednesday, 22 Mar 2017 04:05pm EDT 

Herman Miller Inc - : Herman Miller reports third quarter fiscal 2017 results . Q3 earnings per share $0.37 . Q3 sales fell 2.2 percent to $524.9 million . Q3 earnings per share view $0.32 -- Thomson Reuters I/B/E/S . Sees q4 2017 earnings per share $0.53 to $0.57 . Q3 adjusted earnings per share $0.39 excluding items . Sees q4 2017 sales $575 million to $595 million . Also recognized pre-tax restructuring expenses totaling $2.7 million in q3 .In early phases of executing plan to reduce operating costs, with target of achieving between $25 million- $35 million of annual savings over next 3 years.  Full Article

Herman Miller realigns organizational structure to accelerate strategic execution
Monday, 6 Feb 2017 04:45pm EST 

Herman Miller Inc : Herman Miller realigns organizational structure to accelerate strategic execution . Herman Miller Inc - Centralizing leadership for North America contract business segment . Herman Miller Inc - Creating a centralized leadership structure for Geiger, Herman Miller collection, and Maharam within specialty business segment .Says combining functions of strategy, mergers and acquisitions, channel development, and information technology.  Full Article

Herman Miller Q4 earnings per share $0.67
Wednesday, 22 Jun 2016 04:05pm EDT 

Herman Miller Inc : Herman Miller Inc says increase in its quarterly cash dividend to $0.17 per share payable in October 2016 . New orders in Q4 of $606.2 million were 8.9% above prior year level . Q1 earnings per share view $0.60, revenue view $589.3 million -- Thomson Reuters I/B/E/S . Herman Miller reports fourth quarter and fiscal 2016 results . Q4 earnings per share $0.67 . Q4 sales rose 5.8 percent to $582.6 million . Q4 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Sees Q1 2017 earnings per share $0.60 to $0.64 . Q4 adjusted earnings per share $0.56 excluding items .Sees Q1 2017 sales $600 million to $620 million.  Full Article

Herman Miller settles Levi Cohen and Madison seating case
Wednesday, 15 Jun 2016 05:00pm EDT 

Herman Miller Inc :Company's case against Levi Cohen and Madison seating has been settled, and all outstanding issues have been resolved.  Full Article

Herman Miller gives Q3 2016 guidance in line with analysts' estimates
Wednesday, 16 Dec 2015 04:05pm EST 

Herman Miller:Expects net sales in Q3 2016 to be in the range of $535 million to $555 million.On an organic basis, adjusted for the impact of foreign currency translation, this forecast implies sales growth of about 7% at the mid-point of the range.year-over-year negative impact of foreign currency translation on net sales is expected to be about $7 million.Says Diluted earnings per share in Q3 2016 are expected to range between $0.37 and $0.41.This guidance includes targeted increases in promotional and marketing initiatives in the Q3 2016 within the Consumer segment, which are expected to reduce consolidated earnings per share by about $0.02 in the period.Q3 2016 revenue of $542 mln and EPS of $0.41 - Thomson Reuters I/B/E/S.  Full Article

Herman Miller gives Q2 2016 revenue guidance; Q2 2016 EPS guidance above analysts' estimates
Wednesday, 16 Sep 2015 04:01pm EDT 

Herman Miller Inc:Expects Q2 2016 net sales to be in the range of $570 million to $590 million.Expects Q2 2016 Diluted EPS to be in the range between $0.52 and $0.56.Q2 2016 revenue of $573.60 mln and EPS of $0.51 - Thomson Reuters I/B/E/S.  Full Article

Herman Miller Inc declares quarterly cash dividend
Thursday, 6 Aug 2015 06:30am EDT 

Herman Miller Inc:Says that it has declared a quarterly cash dividend of 14.75 cents ($0.1475) per share payable on Oct. 15, 2015.Paid to stockholders of record on Aug. 29, 2015.  Full Article

BRIEF-Herman Miller Q4 earnings per share $0.55

* Q4 earnings per share view $0.55 -- Thomson Reuters I/B/E/S