Millerknoll, Inc.

• Net sales of $923.4 million, down 3.4% as reported and down 3.3% organically * , year-over-year

• Orders of $913.9 million, up 3.2% as reported and up 3.5% organically * , year-over-year

• Operating expenses increased to $333.5 million, and adjusted operating expenses * increased to $320.1 million, driven primarily by higher compensation expense, including variable incentive compensation, and higher new store expense, partially offset by improved cost management

• Operating margin of 5.6%, compared to 5.6% in the prior year, and adjusted operating margin * of 7.1%, compared to 6.3% in the prior year, included 110 basis points in net tariff refunds benefit

• Diluted earnings per share of $0.38, compared to $0.29 in the prior year, and adjusted diluted earnings per share * of $0.53, compared to $0.45 in the prior year, included the $0.11 per share net benefit from tariff refunds