ZEELAND, Mich. (AP) — Herman Miller Inc. (MLHR) on Wednesday reported fiscal first-quarter profit of $73 million.

On a per-share basis, the Zeeland, Michigan-based company said it had profit of $1.24.

The furniture maker posted revenue of $626.8 million in the period.

Herman Miller shares have dropped 38% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.99, a decrease of 42% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLHR at https://www.zacks.com/ap/MLHR

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