How External Factors are Affecting MillerKnoll's Sales Performance
Wednesday, 27 March 2024, 20:50
'Lagging' Housing Market & High Interest Rates
The furniture maker, MillerKnoll, cited a 'lagging' housing market and rising interest rates as key factors affecting its sales performance. These external challenges have resulted in lower sales for the company.
Challenges & Impact
- Rising interest rates
- 'Lagging' housing market
- Decrease in sales performance
Despite facing headwinds in the market, MillerKnoll is actively adapting strategies to navigate through these challenges and improve its sales performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.