8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: September 21, 2016

(Date of earliest event reported)

HERMAN MILLER, INC.

(Exact name of registrant as specified in its charter)

Michigan (State or Other Jurisdiction of incorporation)	001-15141 (Commission File No.)		38-0837640 (IRS Employer Identification no.)
855 East Main Avenue Zeeland, Michigan (Address of Principal Executive Offices)		49464 (Zip Code)

(616) 654-3000

(Registrant's Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[__]     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[__]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[__]     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[__]     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.     Results of Operations and Financial Condition

On September 21, 2016, Herman Miller, Inc. issued a press release announcing its financial results for the quarter ended September 3, 2016. A copy of the press release is attached as Exhibit 99.1. Also, a copy of the supplemental financial data for the quarter ended September 3, 2016 is attached as Exhibit 99.2.

The information in this Form 8-K and the attached Exhibits shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.    Financial Statements and Exhibits.

Exhibits.

99.1        Press release dated September 21, 2016.

99.2        Supplemental financial data for the quarter ended September 3, 2016.

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated:	September 21, 2016	HERMAN MILLER, INC.
			(Registrant)
			By:	/s/ Kevin J. Veltman  Kevin J. Veltman
				Vice President of Investor Relations & Treasurer (Duly Authorized Signatory for Registrant)

EX-99.1

Herman Miller Reports First Quarter Fiscal 2017 Results

• New orders increase 6%; organic order growth of 2.5%

• Gross margin improves despite commodity pressures

• 7% increase in diluted earnings per share

Webcast to be held Thursday, September 22, 2016, at 9:30 AM ET

Release	Immediate
Date	September 21, 2016
Contact	Kevin Veltman (616) 654-3973 or kevin_veltman@hermanmiller.com
	Jeff Stutz (616) 654-8538 or jeff_stutz@hermanmiller.com
	Media (616) 654-5977 or media_relations@hermanmiller.com
Address	Herman Miller, Inc., 855 East Main Avenue, PO Box 302, Zeeland, MI 49464-0302
Internet	www.hermanmiller.com

NOTE: A data supplement with additional financial information relating to the periods covered by this press release is available for download from the company’s website at http://www.hermanmiller.com/about-us/investors.html.

Herman Miller, Inc. (NASDAQ: MLHR) today announced results for its first quarter ended September 3, 2016. The quarter included 14 weeks of operations as compared to a standard 13-week period. The additional week is required periodically in order to more closely align Herman Miller’s fiscal year with the calendar months.

Net sales in the quarter totaled $598.6 million, an increase of 5.9% from the same quarter last fiscal year. New orders in the first quarter of $595.6 millionwere 5.7% above the prior year level. On an organic basis, which adjusts for foreign currency translation, dealer divestitures and the impact of an extra week of operations in the quarter, net sales and orders in the first quarter increased 1.5% and 2.5%, respectively, from the same quarter last fiscal year.

Herman Miller reported net earnings of $0.60 per share on a diluted basis in the first quarter, reflecting a 7%increase compared to diluted earnings per share of $0.56 in the same quarter last fiscal year.

Brian Walker, Chief Executive Officer, stated “Despite uncertainty in the global macro-economic environment, we were pleased that our ELA, Specialty and Consumer businesses each delivered strong organic order growth for the quarter. While order levels in the North America segment were softer than expected at the beginning of the quarter, they showed significant improvement toward the end of the period, reflecting the project-based nature of the contract industry. As we look ahead, we are encouraged by the level of project opportunities and customer interest we see, and are well-positioned with a strong new product pipeline and highly trained sales force to win business. With a focus on expanding our entire business to new channels and markets over the past several years, we have built a differentiated multi-channel capability that, combined with our design and innovation leadership, uniquely positions us for growth by serving an expanded range of customer audiences around the globe.”

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First Quarter Fiscal 2017 Financial Results

FINANCIAL HIGHLIGHTS (Dollars in millions, except per share data)
	(Unaudited)
	Three Months Ended
	9/3/2016			8/29/2015			% Chg.
	(14 weeks)			(13 weeks)
Net Sales	$	598.6		$	565.4		5.9	%
Gross Margin %	38.4		%	38.3		%	N/A
Operating Expenses	$	173.6		$	161.7		7.4	%
Operating Earnings %	9.4		%	9.7		%	N/A
EBITDA*	$	70.9		$	68.3		3.8	%
Net Earnings Attributable to Herman Miller, Inc.	$	36.3		$	33.5		8.4	%
Earnings Per Share – Diluted	$	0.60		$	0.56		7.1	%
Orders	$	595.6		$	563.3		5.7	%
Backlog	$	320.5		$	320.1		0.1	%

*Items indicated represent Non-GAAP measurements; see the reconciliations of non-GAAP financial measures and related explanations in the supplemental data file available for download at http://www.hermanmiller.com/about-us/investors.html. A copy of this supplemental data file has also been included with the earnings press release filed on Form 8-K with the Securities and Exchange Commission.

Jeff Stutz, Chief Financial Officer, noted, "While sales this quarter were slightly lower than we anticipated, we delivered earnings within the range we expected through operating efficiencies from lean initiatives and strategic sourcing, along with well-managed expenses. Our results demonstrate the balanced nature of our business model, with continued strength in order entry within our ELA and Specialty segments helping to offset a relatively slow start to the period in North America. We were also very pleased to see further improvement in our Consumer business segment, which posted year-over-year growth in sales and orders. This marks an encouraging sign that the actions we have taken to improve the performance of that business in recent months are gaining traction.”

Consolidated gross margin in the first quarter of fiscal 2017 totaled 38.4%, representing a 10 basis point improvement over the level reported in the same quarter of last fiscal year, despite pressure from commodity costs.

Operating expenses in the first quarter were $173.6 million compared to $161.7 million in the same quarter a year ago. This represented a year-over-year increase of $11.9 million, the majority of which related to the impact of an extra week of operations in the quarter, as well as spending on new product launch and marketing initiatives, and pre-opening costs related to new Design Within Reach studios.

Herman Miller’s effective income tax rate in the first quarter was 32.0% compared to 33.6% in the same quarter last fiscal year.

The company ended the first quarter with total cash and cash equivalents of $65.1 million. Cash flow generated from operations in the first quarter was $30.2 million compared to $33.3 million in the same quarter last fiscal year.

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Segment Sales and Orders Results

The following tables summarize reported and organic segment sales and orders for the first quarter of fiscal 2017:

Organic Sales Growth (Decline) by Segment *
	Three Months Ended															Three Months Ended
	9/3/16															8/29/15
	North America			ELA			Specialty			Consumer			Total			North America		ELA			Specialty		Consumer		Total
Net Sales, as reported	$	365.1		$	97.3		$	60.8		$	75.4		$	598.6		$	338.1	$	102.5		$	57.8	$	67.0	$	565.4
% change from PY	8.0		%	(5.1		)%	5.2		%	12.5		%	5.9		%
Proforma Adjustments
Dealer Divestitures	—			—			—			—			—			—		(8.8		)	—		—		(8.8		)
Currency Translation Effects (1)	0.3			3.2			—			0.1			3.6			—		—			—		—		—
Impact of Extra Week in FY17	(22.7		)	(6.3		)	(3.3		)	(4.7		)	(37.0		)	—		—			—		—		—
Net Sales, proforma	$	342.7		$	94.2		$	57.5		$	70.8		$	565.2		$	338.1	$	93.7		$	57.8	$	67.0	$	556.6
% change from PY	1.4		%	0.5		%	(0.5		)%	5.7		%	1.5		%
(1) Currency translation effects represent the estimated net impact of translating current period sales and orders using the average exchange rates applicable to the comparable prior year period

Organic Order Growth (Decline) by Segment *
	Three Months Ended															Three Months Ended
	9/3/16															8/29/15
	North America			ELA			Specialty			Consumer			Total			North America		ELA			Specialty		Consumer		Total
Orders, as reported	347.7			$	109.8		$	67.0		$	71.1		$	595.6		$	331.9	$	108.2		$	58.4	$	64.8	$	563.3
% change from PY	4.8		%	1.5		%	14.7		%	9.7		%	5.7		%
Proforma Adjustments
Dealer Divestitures	—			—			—			—			—			—		(15.9		)	—		—		$	(15.9	)
Currency Translation Effects (1)	0.4			2.0			—			—			2.4			—		—			—		—		—
Impact of Extra Week in FY17	(21.0		)	(8.1		)	(3.8		)	(4.0		)	(36.9		)	—		—			—		—		—
Orders, proforma	$	327.1		$	103.7		$	63.2		$	67.1		$	561.1		$	331.9	$	92.3		$	58.4	$	64.8	$	547.4
% change from PY	(1.4		)%	12.4		%	8.2		%	3.5		%	2.5		%
(1) Currency translation effects represent the estimated net impact of translating current period sales and orders using the average exchange rates applicable to the comparable prior year period

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* Items represent Non-GAAP measurements; see the reconciliations of non-GAAP financial measures and related explanations in the supplemental data file available for download at http://www.hermanmiller.com/about-us/investors.html. A copy of this supplemental data file has also been included with the earnings press release filed on Form 8-K with the Securities and Exchange Commission.

Second Quarter Fiscal 2017 Guidance

Looking forward, Herman Miller expects net sales in the second quarter of fiscal 2017 to be in the range of $580 million to $600 million. On an organic basis, adjusted for the impact of a dealer divestiture, this forecast implies sales growth of approximately 2.5% over the second quarter of the prior year at the mid-point of the range. Diluted earnings per share in the quarter are expected to range between $0.52 and $0.56 per share.

Supplemental Information and Webcast

The company has created a supplemental data report which provides additional information relevant to its quarterly results. This document can be accessed via a link on the Investors section of the company's website at http://www.hermanmiller.com/about-us/investors.html.

The company will host a live webcast to discuss the results of the first quarter of fiscal 2017 on Thursday, September 22, 2016, at 9:30 a.m. ET. To ensure your access to the webcast, you should allow extra time to visit the company’s website at www.hermanmiller.com to download the streaming software necessary to participate. An online archive of the presentation will be available on the website later that day.

About Herman Miller

Herman Miller is a globally recognized provider of furnishings and related technologies and services. Headquartered in West Michigan, the global company has relied on innovative design for over 100 years to solve problems for people wherever they work, live, learn, and heal. Herman Miller’s designs are part of museum collections worldwide, and the company is a past recipient of the Smithsonian Institution's Cooper Hewitt National Design Award. Known and respected for its leadership in corporate social responsibility, Herman Miller has been included in the Dow Jones Sustainability World Index for the past 12 years, and has earned the Human Rights Campaign Foundation’s top rating in its Corporate Equality Index for the past nine years. In fiscal 2016, the company generated $2.26 billion in revenue and employed nearly 8,000 people worldwide. Herman Miller trades on the NASDAQ Global Select Market under the symbol MLHR.

This information contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates, and projections about the office furniture industry, the economy, and the company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” "likely,” “plans,” “projects,” and “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict with regard to timing, extent, likelihood, and degree of occurrence. These risks include, without limitation, the success of our growth strategy, employment and general economic conditions, the pace of economic recovery in the U.S., and in our International markets, the increase in white-collar employment, the willingness of customers to undertake capital expenditures, the types of products purchased by customers, competitive-pricing pressures, the availability and pricing of raw materials, our reliance on a limited number of suppliers, our ability to expand globally given the risks associated with regulatory and legal compliance challenges and accompanying currency fluctuations, the ability to increase prices to absorb the additional costs of raw materials, the financial strength of our dealers and the financial strength of our customers, our ability to locate new DWR studios, negotiate favorable lease terms for new and existing locations and implement our studio portfolio transformation, our ability to attract and retain key executives and other qualified employees, our ability to continue to make product innovations, the success of newly-introduced products, our ability to serve all of our markets, possible acquisitions, divestitures or alliances, the pace and level of government procurement, the outcome of pending litigation or governmental audits or investigations, political risk in the markets we serve, and other risks identified in our filings with the Securities and Exchange Commission. Therefore, actual results and outcomes may materially differ from what we express or forecast. Furthermore, Herman Miller, Inc., undertakes no obligation to update, amend or clarify forward-looking statements.

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Financial highlights for the quarter ended September 3, 2016, follow:

Herman Miller, Inc.

Condensed Consolidated Statements of Operations

(Unaudited) (Dollars in millions, except per share and common share data)

	Three Months Ended
	September 3, 2016				August 29, 2015
Net Sales	$	598.6	100.0	%	$	565.4	100.0	%
Cost of Sales	368.6		61.6	%	348.6		61.7	%
Gross Margin	230.0		38.4	%	216.8		38.3	%
Operating Expenses	173.6		29.0	%	161.7		28.6	%
Operating Earnings	56.4		9.4	%	55.1		9.7	%
Other Expenses, net	3.2		0.5	%	4.4		0.8	%
Earnings Before Income Taxes and Equity Income	53.2		8.9	%	50.7		9.0	%
Income Tax Expense	17.0		2.8	%	17.0		3.0	%
Equity Income, net of tax	0.3		0.1	%	0.1		—	%
Net Earnings	36.5		6.1	%	33.8		6.0	%
Net Earnings Attributable to Noncontrolling Interests	0.2		—	%	0.3		0.1	%
Net Earnings Attributable to Herman Miller, Inc.	$	36.3	6.1	%	$	33.5	5.9	%
Amounts per Common Share Attributable to Herman Miller, Inc.
Earnings Per Share – Basic		$0.61				$0.56
Weighted Average Basic Common Shares	59,930,772				59,733,924
Earnings Per Share – Diluted		$0.60				$0.56
Weighted Average Diluted Common Shares	60,537,156				60,231,065

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Herman Miller, Inc.

Condensed Consolidated Statements of Cash Flows

(Unaudited) (Dollars in millions)

	Three Months Ended
	September 3, 2016			August 29, 2015
Net Earnings	$	36.5		$	33.8
Cash Flows provided by Operating Activities	30.2			33.3
Cash Flows used for Investing Activities	(51.4		)	(13.1		)
Cash Flows provided by (used for) Financing Activities	0.8			(31.1		)
Effect of Exchange Rates	0.6			(0.8		)
Change in Cash	(19.8		)	(11.7		)
Cash, Beginning of Period	84.9			63.7
Cash, End of Period	$	65.1		$	52.0

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Herman Miller, Inc.

Condensed Consolidated Balance Sheets

(Unaudited) (Dollars in millions)

	September 3, 2016		May 28, 2016
ASSETS
Current Assets:
Cash and Cash Equivalents	$	65.1	$	84.9
Marketable Securities	7.7		7.5
Accounts and Notes Receivable, net	183.6		211.0
Inventories, net	146.2		128.2
Prepaid Expenses and Other	48.3		48.9
Total Current Assets	450.9		480.5
Net Property and Equipment	288.2		280.1
Other Assets	500.0		474.6
Total Assets	$	1,239.1	$	1,235.2
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable	159.0		165.6
Accrued Liabilities	197.2		224.4
Total Current Liabilities	356.2		390.0
Long-term Debt	233.9		221.9
Other Liabilities	74.2		71.6
Total Liabilities	664.3		683.5
Redeemable Noncontrolling Interests	25.7		27.0
Herman Miller, Inc. Stockholders' Equity	548.8		524.4
Noncontrolling Interests	0.3		0.3
Total Stockholders' Equity	549.1		524.7
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders' Equity	$	1,239.1	$	1,235.2

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EX-99.2

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

Earnings Release Data Supplement

Herman Miller, Inc. (together with its consolidated subsidiaries, the "company", "we", "our" or "us") provides this supplement to assist investors in evaluating the company's financial and operating results and metrics. We suggest that the narratives to each of the tables included in this supplement be read in conjunction with the financial tables. The financial information included in this supplement contains certain non-GAAP financial measures, as explained in more detail in Section II below.

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

I. Operating Segment Information

The table below summarizes select financial information, for the periods indicated, related to each of the company’s reportable operating segments. The North American Furniture Solutions segment includes the operations associated with the design, manufacture, and sale of furniture products for work-related settings, including office, education, and healthcare environments, throughout the United States and Canada. The business associated with the company's owned contract furniture dealers is also included in the North American Furniture Solutions segment. The ELA Furniture Solutions segment includes EMEA, Latin America, and Asia-Pacific. ELA includes the operations associated with the design, manufacture, and sale of furniture products, primarily for work-related settings, in these aforementioned geographic regions. The Specialty segment includes the operations associated with the design, manufacture, and sale of high-craft furniture products and textiles including Geiger wood products, Maharam textiles and Herman Miller Collection products. The Consumer segment includes operations associated with the sale of modern design furnishings and accessories to third party retail distributors, as well as direct to consumer sales through eCommerce and Design Within Reach retail studios. The Corporate category consists primarily of unallocated corporate expenses including, if applicable to the periods shown, acquisition-related costs, and other unallocated corporate costs.

	Three Months Ended
Net Sales	9/3/2016			8/29/2015
North America	$	365.1		$	338.1
ELA	97.3			102.5
Specialty	60.8			57.8
Consumer	75.4			67.0
Corporate	—			—
Total	$	598.6		$	565.4
% Change in Net Sales
North America	8.0		%
ELA	(5.1		)%
Specialty	5.2		%
Consumer	12.5		%
Corporate	n/a
Total	5.9		%
Operating Earnings (Loss)
North America	$	43.3		$	40.8
ELA	7.2			6.6
Specialty	5.3			4.3
Consumer	0.7			3.8
Corporate	(0.1		)	(0.4		)
Total	$	56.4		$	55.1
Operating Earnings % Net Sales
North America	11.9		%	12.1		%
ELA	7.4		%	6.4		%
Specialty	8.7		%	7.4		%
Consumer	0.9		%	5.7		%
Corporate	n/a			n/a
Total	9.4		%	9.7		%

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

II. Non-GAAP Financial Measures

This presentation contains certain non-GAAP financial measures such as EBITDA and Organic Growth (Decline). EBITDA is calculated by excluding depreciation and amortization from operating earnings and including other income and expenses. Organic Growth (Decline) represents the change in revenue and orders, excluding currency translation effects and the impacts of acquisitions, divestitures and the extra week in fiscal 2017. The quarter included 14 weeks of operations as compared to a standard 13-week period. The additional week is required periodically in order to more closely align Herman Miller’s fiscal year with the calendar months.

EBITDA and Organic Growth (Decline) are not measurements of our financial performance under GAAP and should not be considered an alternative to the related GAAP measurement. These non-GAAP measures have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP. Our presentation of non-GAAP measures should not be construed as an indication that our future results will be unaffected by unusual or infrequent items. We compensate for these limitations by providing equal prominence of our GAAP results.

A. Reconciliation of Operating Earnings to EBITDA

	Three Months Ended
	9/3/2016		8/29/2015
Operating Earnings	$	56.4	$	55.1
Other Income (Expense), net	0.6		(0.5		)
Add: Depreciation and Amortization	13.9		13.7
EBITDA	$	70.9	$	68.3

B. Reconciliation of Operating Earnings to EBITDA by Segment

	Three Months Ended																		Three Months Ended
	9/3/16																		8/29/15
	North America			ELA			Specialty			Consumer			Corporate			Total			North America			ELA			Specialty			Consumer			Corporate			Total
Operating Earnings (Loss)	$	43.3		$	7.2		$	5.3		$	0.7		$	(0.1	)	$	56.4		$	40.8		$	6.6		$	4.3		$	3.8		$	(0.4	)	$	55.1
% Net Sales	11.9		%	7.4		%	8.7		%	0.9		%	n/a			9.4		%	12.1		%	6.4		%	7.4		%	5.7		%	n/a			9.7		%
Other Income (Expense), net	—			—			—			—			0.6			0.6			—			—			—			—			(0.5		)	(0.5		)
Add: Depreciation and Amortization	7.4			2.3			1.8			2.3			0.1			13.9			7.7			2.1			1.8			2.0			0.1			13.7
EBITDA	$	50.7		$	9.5		$	7.1		$	3.0		$	0.6		$	70.9		$	48.5		$	8.7		$	6.1		$	5.8		$	(0.8	)	$	68.3
% Net Sales	13.9		%	9.8		%	11.7		%	4.0		%	n/a			11.8		%	14.3		%	8.5		%	10.6		%	8.7		%	n/a			12.1		%
(1) Currency translation effects represent the estimated net impact of translating current period sales and orders using the average exchange rates applicable to the comparable prior year period

C. Organic Sales Growth (Decline) by Segment
	Three Months Ended															Three Months Ended
	9/3/16															8/29/15
	North America			ELA			Specialty			Consumer			Total			North America		ELA			Specialty		Consumer		Total
Net Sales, as reported	$	365.1		$	97.3		$	60.8		$	75.4		$	598.6		$	338.1	$	102.5		$	57.8	$	67.0	$	565.4
% change from PY	8.0		%	(5.1		)%	5.2		%	12.5		%	5.9		%
Proforma Adjustments
Dealer Divestitures	—			—			—			—			—			—		(8.8		)	—		—		(8.8		)
Currency Translation Effects (1)	0.3			3.2			—			0.1			3.6			—		—			—		—		—
Impact of Extra Week in FY17	(22.7		)	(6.3		)	(3.3		)	(4.7		)	(37.0		)	—		—			—		—		—
Net Sales, proforma	$	342.7		$	94.2		$	57.5		$	70.8		$	565.2		$	338.1	$	93.7		$	57.8	$	67.0	$	556.6
% change from PY	1.4		%	0.5		%	(0.5		)%	5.7		%	1.5		%
(1) Currency translation effects represent the estimated net impact of translating current period sales and orders using the average exchange rates applicable to the comparable prior year period

D. Organic Order Growth (Decline) by Segment
	Three Months Ended															Three Months Ended
	9/3/16															8/29/15
	North America			ELA			Specialty			Consumer			Total			North America		ELA			Specialty		Consumer		Total
Orders, as reported	347.7			$	109.8		$	67.0		$	71.1		$	595.6		$	331.9	$	108.2		$	58.4	$	64.8	$	563.3
% change from PY	4.8		%	1.5		%	14.7		%	9.7		%	5.7		%
Proforma Adjustments
Dealer Divestitures	—			—			—			—			—			—		(15.9		)	—		—		$	(15.9	)
Currency Translation Effects (1)	0.4			2.0			—			—			2.4			—		—			—		—		—
Impact of Extra Week in FY17	(21.0		)	(8.1		)	(3.8		)	(4.0		)	(36.9		)	—		—			—		—		—
Orders, proforma	$	327.1		$	103.7		$	63.2		$	67.1		$	561.1		$	331.9	$	92.3		$	58.4	$	64.8	$	547.4
% change from PY	(1.4		)%	12.4		%	8.2		%	3.5		%	2.5		%
(1) Currency translation effects represent the estimated net impact of translating current period sales and orders using the average exchange rates applicable to the comparable prior year period

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

E. Design Within Reach Studio Metrics
	Studio Count
	Three Months Ended
	September 3, 2016			August 29, 2015
Beginning of Period	29			33
Studio Openings	3			—
Studio Closings	(2		)	(1		)
End of Period	30			32
	Studio Selling Square Footage
	Three Months Ended
	September 3, 2016			August 29, 2015
Beginning of Period	246,481			248,440
Studio Openings	35,353			—
Studio Expansions	—			—
Studio Closings	(9,091		)	(2,000		)
End of Period	272,743			246,440
	Studio Revenue Metrics
	Three Months Ended
	September 3, 2016			August 29, 2015
Average Studio Square Footage	259,612			247,440
Annualized Net Sales per Square Foot	$	583		$	625
DWR Comparable Brand Sales*	1.3		%	0.6		%

*Fiscal year 2017 figures are presented on a pro forma basis using a 13-week average to normalize results for the impact of an extra week of operations in the first quarter of fiscal 2017. DWR comparable brand sales reflects the year-over-year change in net sales across the multiple channels that DWR serves, including studios, outlets, contract, catalog, phone and e-commerce.

Note: Consumer segment sales also include sales through eCommerce, two outlet stores, and wholesale channels.

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

F. New and Expanded Design Within Reach Locations

	Washington DC. (Georgetown)
	Date Opened: August 2016
	Square Footage: 11,353

Manhasset, New York
Date Opened: June 2016
Square Footage: 12,000

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

	Austin, Texas
	Date Opened: August 2016
	Square Footage: 12,000

G. Sales and Earnings Guidance - Upcoming Quarter	Company Guidance
	Q2 Fiscal 2017
Net Sales	$580 million to $600 million
Gross Margin %	37.5% - 38.5%
Operating Expenses	$171 million to $174 million
Effective Tax Rate	31% - 33%
Earnings Per Share, Diluted	$0.52 to $0.56

Herman Miller, Inc. Supplemental Financial Data

Three Months Ended September 3, 2016

(Unaudited) ($ in millions except per share data and square footage metrics)

Forward Looking Statements

This information contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates, and projections about the office furniture industry, the economy, and the company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements.These statements do not guarantee future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict with regard to timing, extent, likelihood, and degree of occurrence. These risks include, without limitation, the success of our growth strategy, employment and general economic conditions, the pace of economic recovery in the U.S and in our International markets, the increase in white-collar employment, the willingness of customers to undertake capital expenditures, the types of products purchased by customers, competitive-pricing pressures, the availability and pricing of raw materials, our reliance on a limited number of suppliers, our ability to expand globally given the risks associated with regulatory and legal compliance challenges and accompanying currency fluctuations, the ability to increase prices to absorb the additional costs of raw materials, the financial strength of our dealers and the financial strength of our customers, our ability to locate new DWR studios, negotiate favorable lease terms for new and existing locations and the implementation of our studio portfolio transformation, our ability to attract and retain key executives and other qualified employees, our ability to continue to make product innovations, the success of newly-introduced products, our ability to serve all of our markets, possible acquisitions, divestitures or alliances, the pace and level of government procurement, the outcome of pending litigation or governmental audits or investigations, political risk in the markets we serve, and other risks identified in our filings with the Securities and Exchange Commission.Therefore, actual results and outcomes may materially differ from what we express or forecast. Furthermore, Herman Miller, Inc., undertakes no obligation to update, amend or clarify forward-looking statements.