Last $31.10 USD
Change Today +0.99 / 3.29%
Volume 513.1K
As of 8:10 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

herman miller inc (MLHR) Snapshot

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06/6/14 - $32.72
52 Week Low
02/4/14 - $26.25
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Current Stock Chart for HERMAN MILLER INC (MLHR)

herman miller inc (MLHR) Details

Herman Miller, Inc. is engaged in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, and related services in the United States and internationally. It provides modular systems under the Canvas Office Landscape, Locale, Metaform Portfolio, Public Office Landscape, Action Office, Ethospace, Resolve, and My Studio Environments; seating products under the Embody, Aeron, Mirra, Mirra2, Setu, Sayl, Celle, Equa, and Ergon; and storage products under the Meridian and Tu names. The company also offers wooden casegoods under the Geiger; freestanding furniture products under the Abak, Intent, Sense, and Envelop; and healthcare products under the Compass, Nala, and Nemschoff names, as well as provides Thrive portfolio of ergonomic solutions. In addition, it offers interior textiles for commercial, healthcare, and residential interiors. The company markets its products for office, healthcare, educational, and residential settings through its sales staff, own dealer network, independent dealers and retailers, and independent contract office furniture dealers, as well as through Internet. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan.

6,630 Employees
Last Reported Date: 07/29/14
Founded in 1905

herman miller inc (MLHR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $834.6K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $392.3K
Executive Vice President and President of Her...
Total Annual Compensation: $394.4K
Executive Vice President and President of Her...
Total Annual Compensation: $392.3K
Executive Vice President of Research, Design ...
Total Annual Compensation: $298.0K
Compensation as of Fiscal Year 2014.

herman miller inc (MLHR) Key Developments

Herman Miller, Inc. Announces New Tool to Obtain Sustainability Information

Herman Miller Inc. announced a new tool to help interior designers, their customers, and related professionals obtain sustainability information on select products. The information, contained in what is known as an Environmental Product Declaration, or EPD, has been verified by an independent third-party organization. It is designed to help in making purchase decisions and supporting applications for sustainability certifications, such as Leadership in Energy and Environmental Design, or LEED. Transparency in sharing environmental information is the foundation of the EPDs. They meet the requirements of the BIFMA PCR (Product Category Rule), which will take effect in 2015. The rule seeks to give quantified environmental information through a globally recognized system approach. An EPD is a verified Environmental Product Declaration, which reports environmental data of products based on a life cycle assessment (LCA) and in accordance with the international ISO 14025 (Type III Environmental Declarations.) Customers are increasingly asking for quantified environmental information that takes a globally recognized approach. The overall goal of the document is to provide relevant, verified environmental information. At the same time, EPDs can reflect the continuous environmental improvement of products and services over time and are able to communicate relevant environmental information along a product's supply chain. EPDs can help people make better decisions by understanding where any environmental hot spots may exist in a product. In addition, Environmental Product Declarations can contribute to new Material and Resource credits in LEED V4.

Herman Miller Inc. Approves Amendment to the Company's Bylaws

Herman Miller Inc. announced that the annual meeting of the shareholders of the company was held on October 6, 2014, approved an amendment to the company's Bylaws. The Bylaws were amended to add a provision that, unless the company provides otherwise, the local state and federal courts in Michigan (the location of the company's headquarters and the jurisdiction in which the company was formed) are the sole and exclusive forum for specific claims brought against the company.

Herman Miller Inc. - Shareholder/Analyst Call

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Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 4.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.7x

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