Q1 2022 Herman Miller Inc Earnings Call

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Good evening and welcome to Herman Miller's first quarter earnings Conference call.

You guys are in my call they've got to be quiet Oh, you've gotta go to your room I would now like to introduce your host for today's conference Antonella Pillow, Vice President of Investor Relations and S. P. N. A you may begin.

Good evening, joining me today on our first quarter earnings call are Andi Owen Chief Executive Officer, Jeff Stutz, Chief Financial Officer, John Michael President Americas contract, Debbie Propst, President Global retail, Chris Baldwin Group, President know or know and Kevin Veltman senior.

Vice President integration lead.

We have posted the press release on our Investor Relations website at Herman Miller Dotcom.

Wherever any figures are presented on a non-GAAP basis, we've reconciled the GAAP and non-GAAP amounts within the press release.

I turn it over to Andy for a brief overview of the quarter I would like to remind everyone that this call will include forward looking statements for information on factors that could cause actual results to differ materially from these forward looking statements. Please refer to the earnings press release as well as our annual and quarterly SEC filings any forward look.

And statements that we make today are based on assumptions as of this date and we undertake no obligation to update these statements as a result of new information or future events.

The conclusion of our prepared remarks, we will have a Q&A session. Today's call is scheduled for 60 minutes.

With that I'll turn the call over to Andy.

Thanks, Antonella and you guys clearly now that I am today with my son, and my family. They are welcome to my World.

Good evening and thank you for joining US. This is an exciting day, we finalized our acquisition of Knoll and the first quarter and today, we are discussing our results as Miller Knoll for the very first time.

Doing business as Miller Knoll, and we're seeking shareholder approval at this year's annual meeting to change our name officially to Miller Knoll, Inc.

So before I hand, the call over to Joe So I wanted to share a few remarks about our business overall and the progress we're making behind the integration. Jeff will then take you through our financial results in greater detail, including changes to our reporting segments.

When we started the year with positive momentum and really strong demand around the globe Q1 orders grew across every segment of our business. This positive order demand as an indicator of the strength of our business fundamentals.

Well, that's our strategy and it underscores our confidence in the future.

They're executing and driving progress against our strategic priorities, both our retail and contract business has continued to grow and we're bringing new customers to our brands with growth initiatives like gaming store and studio openings and a growing digital presence around the world and across all of our segments.

As Miller Knoll, we're now one of the largest and most influential design companies in the world position to redefine modern design and transform our industry with a broader portfolio of complementary brands enhanced scale and capabilities and the financial strength of our diversified businesses.