Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

US sales help Herman Miller’s 3rd Quarter profit more than double

Thursday 17 March 2011

Office furniture maker Herman Miller third-quarter profit more than doubled helped by robust orders and higher demand from its North America markets.
\"We again enjoyed strong year-over-year growth in sales and orders this quarter. This reflects a continuation of the business recovery that began last spring,\" Chief Executive Brian Walker said in a statement.
For the quarter ended 26 February, the company earned $19.8 million compared with $8.3 million a year ago.
Net sales rose 26 percent to $414.8 million.
Analysts, on average, expected earnings of 29 cents a share on revenue of $413.1 million, according to Thomson Reuters I/B/E/S.
Order backlog rose 39% to $268.7 million. Overall orders rose 27%, while North American orders were up 28.2 percent.
Shares of the Zeeland, Michigan-based company closed at $25.20 on Wednesday on Nasdaq.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Wednesday 13 June 2018 Walmart could be selling furniture knockoffs

Office furniture making giant Herman Miller believes Walmart could be selling cheaper knockoff ve

Monday 11 June 2018 Chandler to Lead Workplace Design Group Fourfront

Gary Chandler has been named chief executive of the FourFront Group, a business operating through

Friday 8 June 2018 Steelcase to Acquire Smith System, Industry Leader in preK-12 Education Market

GRAND RAPIDS, Mich., June 08, 2018 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today announced

Thursday 7 June 2018 Steelcase & West Elm office furniture announce partnership

GRAND RAPIDS, Mich. -Steelcase and West Elm have partnered to create new workplace solutions. Ste

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928