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MLHR

Herman Miller

$44.50

(0.00%)

16:11
09/18/19
09/18
16:11
09/18/19
16:11

Herman Miller CFO: We continue to navigate the global tariff picture effectively

Jeff Stutz, CFO, noted, "We continue to navigate the global tariff picture effectively, taking action where we can in areas around pricing and supply chain, leveraging our profit improvement initiatives and realizing benefits from lower commodity costs. Despite the gross margin pressures we are feeling in our Retail business, some of which are transitory and driven by our nearly complete transition to a new 620,000-foot distribution facility, we delivered 70 basis points of gross margin expansion at the consolidated level over the same quarter last year. Our operating performance contributed to a significant increase in earnings per share compared to last year, exceeding the expectations that we established at the start of the quarter."

  • 19

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    Oct

MLHR Herman Miller
$44.50

(0.00%)

05/01/19
SIDC
05/01/19
DOWNGRADE
SIDC
Neutral
Herman Miller downgraded to Neutral from Buy at Sidoti
05/01/19
SIDC
05/01/19
DOWNGRADE
Target $41
SIDC
Neutral
Herman Miller downgraded to Neutral on valuation at Sidoti
As previously reported, Sidoti analyst Gregory Burns downgraded Herman Miller to Neutral from Buy, citing valuation with the stock now trading near his unchanged price target of $41. Investments in the Consumer segment are driving solid revenue growth, but margin expansion is lagging, said Burns, who acknowledges the potential for upside if the company is able to execute. However, he thinks headwinds will persist, at least in the near-term, he tells investors.

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General news
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NXTD

Nxt-ID

$0.42

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ALB

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ALB

Albemarle

$65.52

0.27 (0.41%)

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SSSS

Stewart & Stevenson

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0.03 (0.45%)

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FBHS

Fortune Brands

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0.445 (0.71%)

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ANCN

Anchiano Therapeutics

$2.25

-0.08 (-3.43%)

08:35
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ANCN

Anchiano Therapeutics

$2.25

-0.08 (-3.43%)

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General news
Empire State Mfg Survey General Business Conditions Index data reported »

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ANCN

Anchiano Therapeutics

$2.25

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NVDA

Nvidia

$209.88

1.33 (0.64%)

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TMO

Thermo Fisher

$300.82

0.92 (0.31%)

, QGEN

Qiagen

$37.31

1.785 (5.03%)

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TMO

Thermo Fisher

$300.82

0.92 (0.31%)

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Qiagen

$37.31

1.785 (5.03%)

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ARMK

Aramark

$43.30

0.05 (0.12%)

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  • 19

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ZSAN

Zosano Pharma

$1.97

-0.05 (-2.48%)

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FLWS

1-800-Flowers.com

$12.64

-0.3 (-2.32%)

08:26
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Conference/Events
1-800-Flowers.com management to meet with Craig-Hallum »

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FTV

Fortive

$71.15

0.18 (0.25%)

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  • 09

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ANCN

Anchiano Therapeutics

$2.25

-0.08 (-3.43%)

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$DJT

DJ Transportation Average

$0.00

(0.00%)

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KNSA

Kiniksa

$6.42

-0.21 (-3.17%)

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$DJU

DJ Utility Average

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DJX

Dow Jones Industrial Average

$0.00

(0.00%)

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AGCO

Agco

$80.12

1.35 (1.71%)

08:24
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Downgrade
Agco rating change  »

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  • 13

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IYT

iShares Transportation Average

$195.14

0.66 (0.34%)

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XLK

Technology Select Sector SPDR

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XLE

Energy Select Sector SPDR

$59.62

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