BULLETIN: Herman Miller Inc. Lowers Earnings Expectations - S&P Global Ratings’ Credit Research

BULLETIN: Herman Miller Inc. Lowers Earnings Expectations

BULLETIN: Herman Miller Inc. Lowers Earnings Expectations - S&P Global Ratings’ Credit Research
BULLETIN: Herman Miller Inc. Lowers Earnings Expectations
Published Aug 27, 2001
308 words — Published Aug 27, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's said today that there would be no impact on its rating or outlook for Herman Miller Inc. (BBB+/Stable/--) following the company's announcement of lower-than-expected first quarter earnings. Demand for office furniture has declined broadly in the U.S., particularly at telecommunications and banking firms, key markets served by Herman Miller. Despite declining profitability, Standard&Poor's expects that Herman Miller will maintain credit ratios appropriate for the rating, benefiting from increased manufacturing efficiencies and cost reductions.

  
Brief Excerpt:

RESEARCH BULLETIN: Herman Miller Inc. Lowers Earnings Expectations Publication date: 27-Aug-2001 Standard & Poor's said today that there would be no impact on its rating or outlook for Herman Miller Inc. (###+/Stable/--) following the...

  
Report Type:

News

Ticker
MLHR
Issuer
MillerKnoll Inc.
GICS
Office Services & Supplies (20201060)
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Summary: Herman Miller Inc. – 2002/04/17 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Herman Miller Inc. Lowers Earnings Expectations" Aug 27, 2001. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Herman-Miller-Inc-Lowers-Earnings-Expectations-207371>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Herman Miller Inc. Lowers Earnings Expectations Aug 27, 2001. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Herman-Miller-Inc-Lowers-Earnings-Expectations-207371>
  
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