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Herman Miller Inc (MLHR.F)

MLHR.F on Frankfurt Stock Exchange

29.54EUR
20 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Herman Miller Says Brian Walker To Retire As CEO, Member Of Board By August 31, 2018
Monday, 5 Feb 2018 04:30pm EST 

Feb 5 (Reuters) - Herman Miller Inc ::HERMAN MILLER ANNOUNCES CEO SUCCESSION PLAN.BRIAN C. WALKER PLANS TO RETIRE AS PRESIDENT, CHIEF EXECUTIVE OFFICER AND A MEMBER OF BOARD OF DIRECTORS BY AUGUST 31, 2018.WALKER WILL REMAIN IN THE ROLES UNTIL APPOINTMENT OF HIS SUCCESSOR.COMPANY REAFFIRMS SALES GUIDANCE AND UPDATES EPS GUIDANCE FOR Q3 FISCAL 2018.ON A GAAP BASIS, DILUTED EARNINGS PER SHARE IS EXPECTED TO RANGE BETWEEN $0.38 AND $0.42 FOR Q3 OF FISCAL 2018.EXCLUDING ITEMS, ADJUSTED DILUTED EARNINGS PER SHARE ARE ESTIMATED TO RANGE BETWEEN $0.48 AND $0.52 FOR Q3 OF FISCAL 2018.BOARD ESTABLISHED CEO SEARCH COMMITTEE, TO RETAIN EXECUTIVE SEARCH FIRM TO EVALUATE INTERNAL & EXTERNAL CANDIDATES.Q3 EARNINGS PER SHARE VIEW $0.49, REVENUE VIEW $573.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Herman Miller Q2 Earnings Per Share $0.55
Wednesday, 20 Dec 2017 04:05pm EST 

Dec 20 (Reuters) - Herman Miller Inc ::HERMAN MILLER REPORTS SECOND QUARTER FISCAL 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.57.Q2 EARNINGS PER SHARE $0.55.Q2 SALES $604.6 MILLION VERSUS I/B/E/S VIEW $603.8 MILLION.Q2 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.SEES Q3 EARNINGS PER SHARE $0.46 TO $0.50.SEES Q3 2018 SALES $565 MILLION TO $585 MILLION.- NEW ORDERS IN Q2 OF $629.4 MILLION WERE 9.3% ABOVE PRIOR YEAR LEVEL.Q3 EARNINGS PER SHARE VIEW $0.46 -- THOMSON REUTERS I/B/E/S.  Full Article

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

BRIEF-Herman Miller Says Brian Walker To Retire As CEO, Member Of Board By August 31, 2018

* BRIAN C. WALKER PLANS TO RETIRE AS PRESIDENT, CHIEF EXECUTIVE OFFICER AND A MEMBER OF BOARD OF DIRECTORS BY AUGUST 31, 2018