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MillerKnoll, Inc. Q3 2026 Earnings Call Summary
- What: MillerKnoll, Inc. reported a net sales increase of **$2.3 billion** in Q3 2026, driven by strong demand for its furniture products.
- Why: The company's growth was attributed to its strategic acquisitions and investments in digital platforms, which enhanced its online presence and customer engagement.
- Signal: MillerKnoll's adjusted operating margin expanded to **14.5%**, indicating improved operational efficiency and cost management.
- Target: The company reaffirmed its fiscal 2026 guidance, with a net sales growth target of **$9.5 billion** and an adjusted operating margin target of **13.5%**.
- Risk: MillerKnoll's earnings call highlighted potential risks related to supply chain disruptions and inflationary pressures, which may impact its future profitability.