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Herman Miller completes acquisition of Knoll, unveils new name
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Knoll Inc purchase by Herman Miller nearly complete
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Herman Miller and Knoll Shareholders Approve Merger-Related Proposals
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52-week low: $8.67
Company Overview
Knoll Inc designs and manufactures appliances for use both in the workplace and at home. The company s product portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements, via the brand s Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck, Edelman Leather, and Holly Hunt. Knoll operates through Office and Lifestyle and Corporate segments.
Knoll Reports First Quarter Results
Strong work from home e-commerce and residential sales growth continue to help mitigate near-term office headwinds
Positive increases in Office pipeline reinforce expectation for return to growth in Q2, and double digit order growth in the 2nd half of 2021.
Diluted EPS was $(0.08) on a GAAP basis, and Adjusted Diluted EPS beat expectations by $0.02 per diluted share
EAST GREENVILLE, Pa., April 28, 2021 (GLOBE NEWSWIRE) Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced financial results for the first quarter ended March 31, 2021. In light of the recent announcement of our proposed merger with Herman Miller, Inc., we will not be holding a conference call.