MillerKnoll: Another Major Post-Earnings Pullback, But I'm Uneasy This Time (Rating Downgrade)
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Hawkinvest16.96K FollowersFollow5ShareSavePlay(11min)Comment(1)SummaryMillerKnoll trades at bargain valuations after repeated post-earnings plunges, but I am increasingly cautious due to macro and structural risks.MLKN's Q3 earnings missed estimates, but gross margins improved; guidance anticipates modest sales growth and margin headwinds from oil prices and geopolitical risks.AI-driven white-collar job losses and looming recession indicators pose significant risks to MLKN's core office furniture market and future earnings.I value MLKN's strong brand portfolio and 5% dividend yield, but prefer to hold rather than buy, awaiting potential retests of $13 lows. asbe/E+ via Getty Images Back in September 2025, I wrote a bullish article about MillerKnoll (MLKN) after the stock had a post-earnings plunge. At that time the stock was trading for about $17, and I suggested accumulating it over time. TheThis article was written byHawkinvest16.96K FollowersFollowLong-time stock market investor focused on strategic buying opportunities with dividend and value stocks. This investment strategy has resulted in a near 5 star rating on Tipranks.com and over 9,000 followers on Seeking Alpha. Follow me on Twitter for my latest trading ideas: @Hawkinvest1Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.