US Stock Market Move | Q4 revenue guidance falls short of expectations, MillerKnoll (MLKN.US) plummets over 22%

On Thursday, MillerKnoll (MLKN.US) plunged more than 22% in early trading, hitting a new low for the year at $14.96. On the news front, on March 25, MillerKnoll released its third-quarter financial report for the 2026 fiscal year, with adjusted earnings per share at $0.43, lower than analysts' expectations of $0.45. Net sales of $927 million were also below analysts' expectations of $942 million, with profit indicators failing to meet market consensus. MillerKnoll provided a fourth-quarter net sales guidance range of $955 million to $995 million, below the market's expectation of $993 million, further intensifying investors' concerns about growth momentum.