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Stock impact report

Knoll Reports Continued 2018 Momentum With Strong 3rd Quarter Results

Knoll, Inc (KNL) 
Last knoll, inc earnings: 10/23 04:15 pm Check Earnings Report
US:NYSE Investor Relations: phx.corporate-ir.net/4geq.url
Company Research Source: GlobeNewswire
Sales increase of 12.5%Margin expansion with EPS growth of 5% and Adjusted EPS growth of 20%Continued deleveraging, with leverage two quarters post Muuto acquisition down to 2.75:1 EAST GREENVILLE, Pa., Oct. 29, 2018 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the third quarter ended September 30, 2018. Net sales were $327.7 million for the third quarter of 2018, an increase of 12.5% from the third quarter of 2017. Operating profit was $32.9 million, an increase of 18.7% from the third quarter of 2017. Adjusted operating profit for the third quarter of 2018 was $36.9 million, an increase of 30.0% from the third quarter of 2017. Net earnings for the third quarter of 2018 were $20.3 million, an increase of 6.2% compared to the third quarter of 2017. Adjusted net earnings for the third quarter of 2018 were $23.7 million, an increase of 21.1% compare Show less Read more
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