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Herman Miller, Inc. engages in the provision of furnishings and related technologies and services. It operates through the following segments: North American Furniture Solutions, ELA Furniture Solutions, Specialty, Consumer, and Corporate. Read More The North American Furniture Solutions segment involves in the design, manufacture, and sale of furniture products for work-related settings such as office, education, and healthcare environments. The ELA Furniture Solutions segment consists of design, manufacture, and sale of furniture products primarily for work-related settings, throughout Europe, Middle East, Africa, Latin America, and Asia-Pacific. The Specialty segment includes the design, manufacture, and sale of high-craft furniture products and textiles including Geiger wood products, Maharam textiles, and Herman Miller Collection. The Consumer segment focuses on the sale of modern design furnishings and accessories to third party retail distributors, direct to consumer sales through e-commerce, direct mailing catalogs, and DWR retail studios. The Corporate segment comprises of unallocated corporate expenses including acquisition-related costs and unallocated corporate costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.
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Was Herman Miller, Inc.’s (NASDAQ:MLHR) Earnings Growth Better Than The Industry’s?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Measuring Herman Miller, Inc.’s (NASDAQ:MLHR) track record of past performance is a useful exercise for investors. It enables us to understand whether or not the company has met or exceed expectations, which is an insightful signal for future performance. Today I will assess MLHR’s recent performance announced on 02 March 2019 and weigh these figures against its long-term trend and industry movements...
The Motley FoolMar 21
3 Key Takeaways from Herman Miller's Third-Quarter Earnings Report
Global office furniture and design-element manufacturer Herman Miller (NASDAQ:MLHR) has been able to sustain fairly impressive growth over the last several quarters despite a challenging global environment, in which trade wars, related tariffs, and an impasse over Brexit have risen up as formidable headwinds.
The Motley FoolMar 21
Herman Miller Maintains Its Momentum as It Enters the Back Half of Fiscal 2019
Contemporary office furniture manufacturer and design house Herman Miller (NASDAQ:MLHR) exceeded its own earnings projections in its fiscal third quarter of 2019 (the three months ended March 2). Released after market close on Wednesday, the global brand's earnings report revealed robust contributions from its consumer and ELA (European, Latin America, and Asia) segments, as well as a double-digit improvement in order backlog.
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