Herman Miller Posts 4Q Sales Increases

June 27, 2007  by in UnCategorized   

By Home Furnishings Business in Home Office on June 2007 Office and residential furniture maker Herman Miller, Zeeland, Mich., saw sales in its fourth quarter increase 9.3 percent, helping produce net earnings of $31.7 million.

Net sales for the quarter ended June 2 totaled $485.3 million, and full-year sales reached $1.9 billion, an increase of 10.5 percent.

“We closed the year with a strong fourth quarter,” said CEO Brian Walker. “The new products we’ve launched and the new markets we’re entering have us well positioned for the future.”