By Christiana Sciaudone
Investing.com -- Herman Miller (NASDAQ:MLHR) soared almost 30% after blowing away estimates, in yet another foreseeable beat.
The furniture purveyor reported earnings per share of $1.24 compared to the expected 26 cents on sales of $626.8 million, versus the estimated $530.5 million.
Rivals Steelcase (NYSE:SCS) and Knoll (NYSE:KNL) rose 15% and 16%, respectively.
Unsurprisingly, retail business led the quarter, with sales up 40% from a year earlier. The real standout was the Home Office category, which increased nearly 300% over last year. That helped outweigh a 40% decline in the North America segment, though the company says it is seeing modest improvements in order trends.
International orders rose 26% thanks to Asia-Pacific and Europe moving toward normalcy.