04:35 PM EDT, 03/27/2024 (MT Newswires) -- MillerKnoll ( MLKN ) posted fiscal Q3 adjusted earnings late Wednesday of $0.45 per diluted share, down from $0.54 a year ago.

Analysts polled by Capital IQ expected $0.44.

Sales for the quarter ended March 2 were $872.3 million, down from $984.7 million a year earlier.

Analysts surveyed by Capital IQ expected $909.5 million.

The company said it expects fiscal Q4 adjusted EPS of $0.49 to $0.57. Analysts surveyed by Capital IQ expect $0.68.

MillerKnoll ( MLKN ) expects Q4 sales to be between $880 million and $920 million. Analysts expect $961.4 million.

The stock was down more than 14% in extended trading.

Price: 26.45, Change: -4.08, Percent Change: -13.36