v3.26.1
Operating Segments (Tables)
 12 Months Ended
May 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following is a summary of certain key financial measures for the respective periods indicated:
Year Ended
(In millions)
May 30, 2026May 31, 2025June 1, 2024
Net sales:
North America Contract$2,061.2  $1,965.2 $1,922.3 
International Contract674.0 660.0 645.6 
Global Retail1,106.5 1,044.7 1,060.5 
Total$3,841.7 $3,669.9 $3,628.4 
Refer to Note 2 of the Consolidated Financial Statements for further disaggregation of revenue by operating segment.
Year Ended
(In millions)
May 30, 2026May 31, 2025June 1, 2024
Adjusted cost of sales(1):
North America Contract$1,306.3 $1,262.4 $1,224.5 
International Contract431.2 419.2 $412.5 
Global Retail613.8 565.2 $571.9 
(1) Adjusted cost of sales is defined as cost of sales excluding, when they occur, the impacts of restructuring charges and integration charges, that may not be indicative of ongoing operations.
Year Ended
(In millions)
May 30, 2026May 31, 2025June 1, 2024
Adjusted operating expenses(1):
North America Contract$541.8 $511.8 $520.6 
International Contract184.5 167.3 160.7 
Global Retail460.0 427.6 424.0 
Corporate65.7 67.7 52.0 
(1) Adjusted operating expenses is defined as operating expenses excluding, when they occur, the impacts of restructuring charges, integration charges, amortization of Knoll purchased intangibles, impairment charges, and significant non-recurring or infrequent items that may not be indicative of ongoing operations.
Year Ended
(In millions)
May 30, 2026May 31, 2025June 1, 2024
Adjusted operating earnings:
North America Contract$213.1 $191.0 $177.2 
International Contract58.3 73.5 72.4 
Global Retail32.7 51.9 64.6 
Total Segment adjusted operating earnings$304.1 $316.4 $314.2 
Year Ended
(In millions)
May 30, 2026May 31, 2025June 1, 2024
Reconciliation to net earnings:
Total segment adjusted operating earnings$304.1 $316.4 $314.2 
Corporate adjusted operating loss(65.7)(67.7)(52.0)
Total consolidated adjusted operating earnings238.4 248.7 262.2 
Net earnings attributable to redeemable noncontrolling interests4.2 3.7 2.3 
Net earnings (loss) from:
Equity (loss) earnings from nonconsolidated affiliate, net of tax(0.1)0.3 (0.4)
Income tax expense32.4 11.6 14.7 
Other expense (income), net4.3 1.1 (2.6)
Interest and other investment (income)(4.1)(5.4)(6.1)
Interest expense69.9 76.7 76.2 
Restructuring charges13.5 14.8 30.8 
Integration charges— 28.3 23.5 
Amortization of Knoll purchased intangibles24.0 24.1 23.9 
Impairment charges— 130.0 16.8 
Knoll pension plan termination charges— 1.0 — 
CEO transition costs2.6 — — 
Net earnings (loss) attributable to MillerKnoll, Inc.$91.5 $(36.9)$82.3 
(In millions)
Year Ended
Depreciation and amortization:May 30, 2026May 31, 2025June 1, 2024
North America Contract$87.9  $83.3  $96.9 
International Contract23.9  22.2  28.0 
Global Retail36.5 35.0 30.2 
Total$148.3  $140.5 $155.1 
Capital expenditures:
North America Contract$57.7  $58.7  $51.4 
International Contract20.5  19.9  7.0 
Global Retail44.1 29.0 20.0 
Total$122.3  $107.6  $78.4 
Schedule of Long-Lived Assets by Geographic Areas
Reportable geographic information is as follows:
Year Ended
(In millions)
May 30, 2026May 31, 2025June 1, 2024
Long-lived assets(1):
United States$744.6 $711.9 $704.2 
International212.6 195.4 163.4 
Total$957.2 $907.3 $867.6 
(1) Long-lived assets include property and equipment and right of use assets.