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Knoll Reports First Quarter Results


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. ....

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Herman Miller and Knoll to Combine, Creating the Preeminent Leader in Modern Design, Catalyzing the Transformation of the Home and Office


Herman Miller and Knoll to Combine, Creating the Preeminent Leader in Modern Design, Catalyzing the Transformation of the Home and Office
Brings Together Complementary Portfolios of Exceptional Brands for Commercial and Residential Settings
Enhances Scale and Capabilities to Drive Growth and Profitability
Accelerates Digital Transformation
Drives Strong Financial Benefits Including $100 Million in Expected Run-Rate Cost Synergies Within Two Years of Closing
Supported by Shared Culture and Commitment to Design, Innovation, Operational Excellence and Sustainability
Companies to Host Conference Call and Webcast at 8:30 a.m. ET Today
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ZEELAND, Mich. and EAST GREENVILLE, Pa., April 19, 2021 /PRNewswire/  Herman Miller, Inc. (NASDAQ: MLHR) and Knoll Inc. (NYSE: KNL) today announced that they have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and s ....

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