Every material Form 8-K MillerKnoll filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
MillerKnoll reported fiscal second-quarter 2026 results for the quarter ended November 29, 2025, with net sales down 1.6% year over year to $955.2 million and diluted EPS of $0.35, versus $0.49 a year earlier. Orders rose 5.5% to $972.5 million, and the company guided third-quarter net sales to $923 million to $963 million and adjusted diluted EPS to $0.42 to $0.48.
Net sales of $955.2 million, down 1.6% as reported and down 2.5% organically
Diluted EPS of $0.35 versus $0.49 a year earlier; adjusted diluted EPS of $0.43 versus $0.55
Orders of $972.5 million, up 5.5% year over year
Q3 fiscal 2026 outlook: net sales of $923 million to $963 million and adjusted diluted EPS of $0.42 to $0.48
MillerKnoll appointed Kevin Veltman as Chief Financial Officer on October 16, 2025, ending his interim role that began September 8, 2025. His base salary rose to $520,000, and he received a one-time long-term equity award valued at $500,000, which ties part of his pay to performance share units.
Veltman was appointed CFO on October 16, 2025, after serving as interim CFO from September 8, 2025.
Base salary increased to $520,000; fiscal 2026 annual incentive target set at 75% of base salary.
One-time long-term equity award valued at $500,000, split 50% performance share units and 50% restricted stock units.
Former CFO Jeff Stutz transitioned to Chief Operating Officer.
At its October 13, 2025 annual meeting, MillerKnoll shareholders approved a new 2025 Long-Term Incentive Plan that replaces the 2023 plan and authorizes up to 21,164,945 shares for equity awards. Shareholders also re-elected three nominees to three-year board terms, approved executive pay on an advisory basis, and ratified KPMG LLP as auditor.
2025 Long-Term Incentive Plan approved by 46,229,453 for votes against 12,799,105 with 221,526 abstentions
Maximum of 21,164,945 shares may be issued under the new plan, subject to adjustments
Lisa A. Kro, John T. Maeda and Michael C. Smith elected to three-year terms
KPMG LLP ratified as auditor for fiscal year ending May 30, 2026, with 63,261,543 votes for
MillerKnoll reported first quarter fiscal 2026 results for the quarter ended August 30, 2025, with net sales up 10.9% to $955.7 million and diluted earnings per share of $0.29, compared with a loss of $0.02 a year earlier. Orders fell 5.4% to $885.4 million, and the company issued second-quarter guidance with net sales of $926 million to $966 million and adjusted diluted EPS of $0.38 to $0.44. Sales and profit measures improved year over year, while orders declined.
Net sales of $955.7 million, up 10.9% from $861.5 million a year earlier; organic growth was 10.0%.
Diluted EPS of $0.29 versus a loss of $(0.02) a year earlier; adjusted diluted EPS of $0.45 versus $0.36.
Orders of $885.4 million, down 5.4%, partly reflecting an order pull-forward in the fourth quarter of fiscal 2025 in North America Contract.
Second-quarter fiscal 2026 outlook: net sales of $926 million to $966 million; approximately $8.0 million of net tariff-related impact in the quarter.
MillerKnoll and certain subsidiaries entered into a three-year accounts receivable securitization facility of up to $90.0 million, with a scheduled termination date of September 8, 2028. Proceeds will be used for general working capital, and the company agreed to guarantee the performance of the originators and servicer, though not the collectibility of receivables.
Facility of up to $90.0 million, dated September 10, 2025, with Wells Fargo Bank, National Association as administrative agent
Borrowings bear interest at Daily One Month Term SOFR plus a 1.075% margin
MillerKnoll guarantees performance of originators and servicer obligations but not receivable collectibility or obligor creditworthiness
MillerKnoll appointed Chief Financial Officer Jeff Stutz as Chief Operating Officer effective September 8, 2025, and named Kevin Veltman interim CFO while a search for a permanent CFO is underway. The Board also named director John Hoke as non-executive Chair, effective upon Mike Volkema's retirement at the October 13, 2025 annual meeting. Changes in top finance and board leadership affect shareholders' oversight and the company's management structure, though the filing reports no financial results.
Jeff Stutz named COO effective September 8, 2025; base salary increased to $635,000
Kevin Veltman serves as Interim CFO from September 8, 2025, with a $480,000 base salary
John R. Hoke III to become non-executive Board Chair at the October 13, 2025 annual meeting
Group President Christopher Baldwin resigned, effective notice given September 3, 2025
On August 7, 2025, MillerKnoll amended its credit agreement to refinance and extend its existing $625.0 million term loan B facility with a new $550.0 million term loan B facility, and replaced the resigning agent with Wells Fargo as successor agent. The refinanced loan matures seven years after the closing date and carries an initial margin of 2.25% for RFR loans, and the total senior facilities stand at $1,675.0 million after closing.
Refinanced term loan B: $550.0 million, proceeds used to repay the existing term loan B and pay fees and expenses
Maturity: seven years from the August 7, 2025 closing date; quarterly amortization of 0.25% starts with the quarter ending December 31, 2025
Initial margin: 2.25% for RFR loans and 1.25% for ABR loans; a 1.00% prepayment premium applies to certain repricing events in the first six months
Total senior facilities after closing: $1,675.0 million; Wells Fargo Bank replaces Goldman Sachs Bank USA as successor agent
MillerKnoll said Chair Michael Volkema advised on July 15, 2025 that he will retire from the Board when his term ends at the 2025 annual shareholder meeting. He cited personal and family commitments and said the decision was not due to any disagreement with the company. The filing does not name a successor chair.
Michael Volkema advised the company on July 15, 2025 of his retirement from the Board
Retirement takes effect when his term ends at the 2025 annual meeting of shareholders
He previously served 9 years as President and CEO and 25 years as Board Chair
Filing states no disagreements with the company; no successor chair is named
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MillerKnoll filing is on SEC EDGAR ↗. 8-K briefs of other companies →