Herman Miller (Nasdaq: MLHR) filed its 10-K on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 2 (Q4), Herman Miller met expectations on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue contracted and GAAP earnings per share shrank significantly.

Gross margins improved, operating margins improved, net margins dropped.

Revenue details
Herman Miller notched revenue of $420.7 million. The four analysts polled by S&P Capital IQ expected a top line of $426.2 million on the same basis. GAAP reported sales were 4.7% lower than the prior-year quarter's $441.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.28. The four earnings estimates compiled by S&P Capital IQ predicted $0.30 per share. GAAP EPS of $0.21 for Q4 were 28% lower than the prior-year quarter's $0.29 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 35.7%, 270 basis points better than the prior-year quarter. Operating margin was 8.4%, 130 basis points better than the prior-year quarter. Net margin was 2.9%, 100 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $450.2 million. On the bottom line, the average EPS estimate is $0.39.

Next year's average estimate for revenue is $1.82 billion. The average EPS estimate is $1.55.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 118 members out of 130 rating the stock outperform, and 12 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Herman Miller a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Herman Miller is outperform, with an average price target of $29.00.

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