v3.26.3
Operating Segments (Tables)
3 Months Ended
Aug. 29, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The following is a summary of certain key financial measures for the respective periods indicated:
Three Months Ended
(In millions)
August 29, 2026
August 30, 2025
Net sales:
North America Contract
$
505.6 
$
533.9 
International Contract
156.8 
167.5 
Global Retail
261.0 
254.3 
Total
$
923.4 
$
955.7 
Refer to Note 3 of the Condensed Consolidated Financial Statements for further disaggregation of revenue by operating segment.
Three Months Ended
(In millions)
August 29, 2026
August 30, 2025
Adjusted cost of sales(1):
North America Contract
$
308.3 
$
337.9 
International Contract
99.8 
108.3 
Global Retail
129.5 
141.4 
(1) Adjusted cost of sales is defined as cost of sales excluding, when they occur, the impacts of restructuring charges.
Three Months Ended
(In millions)
August 29, 2026
August 30, 2025
Adjusted operating expenses(1):
North America Contract
$
143.4 
$
134.9 
International Contract
49.8 
44.9 
Global Retail
113.2 
109.9 
Corporate
13.7 
18.3 
(1) Adjusted operating expenses is defined as operating expenses excluding, when they occur, the impacts of restructuring charges, amortization of Knoll purchased intangibles and CEO transition costs.
Three Months Ended
(In millions)
August 29, 2026
August 30, 2025
Adjusted operating earnings:
North America Contract
$
53.9 
$
61.1 
International Contract
7.2 
14.3 
Global Retail
18.3 
3.0 
Total segment adjusted operating earnings
$
79.4 
$
78.4 
Three Months Ended
(In millions)
August 29, 2026
August 30, 2025
Reconciliation to net earnings:
Total segment adjusted operating earnings
$
79.4 
$
78.4 
Corporate adjusted operating loss
(13.7)
(18.3)
Total consolidated adjusted operating earnings
65.7 
60.1 
Net earnings attributable to redeemable noncontrolling interests
1.0 
0.9 
Net earnings (loss) from:
Income tax expense
7.6 
7.6 
Other expense, net
1.3 
7.5 
Interest and other investment income
(0.9)
(1.1)
Interest expense
16.2 
18.4 
Restructuring charges
6.5 
0.5 
Amortization of Knoll purchased intangibles
5.7 
6.1 
CEO transition costs
1.7 
— 
Net earnings attributable to MillerKnoll, Inc.
$
26.6 
$
20.2 
Three Months Ended
(In millions)
August 29, 2026
August 30, 2025
Depreciation and amortization:
North America Contract
$
20.0 
$
20.8 
International Contract
5.5 
5.9 
Global Retail
9.0 
8.7 
Total
$
34.5 
$
35.4 
Capital expenditures:
North America Contract
$
15.1 
$
15.8 
International Contract
4.9 
4.5 
Global Retail
12.5 
10.4 
Total
$
32.5 
$
30.7