Herman Miller Warns on 1Q Earnings Growth

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Herman Miller Warns on 1Q Earnings Growth

Zeeland, MI, June 28, 2007-- Shares of Herman Miller fell in aftermarket trading Wednesday after the modern furniture maker said first-quarter earnings and revenue growth may fall below Wall Street expectations.

 

The company predicted quarterly profit of 47 cents to 53 cents per share on sales of $480 million to $505 million. Three analysts polled by Thomson Financial expect a higher profit of 57 cents per share.