Shares of MillerKnoll rally on boost to profit forecast

Shares of MillerKnoll Inc. jumped 14.1% after hours on Tuesday after the furniture maker raised its full-year profit outlook, despite a pressured housing...

Shares of MillerKnoll Inc.

jumped 14.1% after hours on Tuesday after the furniture maker raised its full-year profit outlook, despite a pressured housing market and shaky economies in China and Europe. Executives raised their full fiscal 2024 adjusted earnings per share forecast to a range of $1.85 to $2.15, compared with expectations for between $1.70 and $2.00 a share stated in July.

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