MillerKnoll, Inc. (NASDAQ:MLKN) Q3 2024 Earnings Call Transcript

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Jeff Stutz: Yes, let me start Reuben with just kind of the consolidated picture. We were down from an organic order perspective down to 4.7% on the full quarter Q3, but we came into the quarter down closer to 10%, 11% and we exited at a consolidated level in February up almost 3%. So we saw a fairly steady improvement in the year-over-year organic order calcs as we move through that was consolidated. The Americas not a wildly different story there. I mean, we came into the quarter in December with larger year-on-year declines. That we saw improvement as we moved into January we were kind of mid-single-digit declines February on around that same level, so we ended the full quarter down 9.4%. So we saw that improvement as we move through February and then what’s been most encouraging is quarter to date through the kind of the latest data, the Americas segment is down, that it certainly has improved down 3% and the last couple of weeks up 5%.

So, it’s been a fairly consistent walk toward an improving trend line.

Operator: There are no further questions. I’ll now turn the floor back to President and CEO, Andi Owen, for closing remarks.

Andi Owen: Thank you so much. I want to thank everyone again for joining us on today’s call, and we look forward to connecting with you all again soon. Take care.

Operator: This concludes today’s call. You may now disconnect.

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