{"id":4950,"date":"2014-09-20T08:15:18","date_gmt":"2014-09-20T02:45:18","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2014\/09\/20\/herman-miller-1q-profit-climbs-18-percent-on-revenue-boost-in-international-markets\/"},"modified":"2014-09-20T08:15:18","modified_gmt":"2014-09-20T02:45:18","slug":"herman-miller-1q-profit-climbs-18-percent-on-revenue-boost-in-international-markets","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/herman-miller-1q-profit-climbs-18-percent-on-revenue-boost-in-international-markets\/","title":{"rendered":"Herman Miller 1Q Profit Climbs 18 Percent on Revenue Boost in International Markets"},"content":{"rendered":"<p>ZEELAND, Mich. (AP) &#8211; Office furniture maker Herman Miller Inc. said Wednesday its fiscal first-quarter profit climbed 18 percent, due in part to sales growth in international markets.<\/p>\n<p>For the quarter ended Sept. 1, net income rose to $33.5 million, or 54 cents per share, from $28.5 million, or 43 cents per share in the prior year quarter.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\nAnalysts polled by Thomson Financial expected earnings of 50 cents per share for the quarter.<\/p>\n<p>Revenue rose 9 percent to $491.7 million from $449.7 million in the year-ago quarter. Analysts predicted revenue of $489.7 million.<\/p>\n<p>The company also said its gross margins improved, helped by a price increase.<\/p>\n<p>Herman Miller said it experienced growth in its international markets, particularly in Asia and the U.K. Sales outside North America rose 17 percent, while North American sales rose 9 percent.<\/p>\n<p>Large project orders in the U.S. dropped, however, leading to an overall decline in orders and backlog.<\/p>\n<p>Herman Miller shares fell $1.08, or 3.7 percent, to $28 electronic after-hours trading. During regular trading, the shares rose 32 cents to close at $29.08.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZEELAND, Mich. (AP) &#8211; Office furniture maker Herman Miller Inc. said Wednesday its fiscal first-quarter profit climbed 18 percent, due in part to sales growth in international markets. For the quarter ended Sept. 1, net income rose to $33.5 million, or 54 cents per share, from $28.5 million, or 43 cents per share in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4950","post","type-post","status-publish","format-standard","hentry","category-furniture-indonesia-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/4950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=4950"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/4950\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=4950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=4950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=4950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}