Herman Miller reported FQ4’21 (to May 31) revenues which climbed 30.6% year over year after rising home sales of office furniture offset falling commercial sales during the pandemic. The firm’s supply chain is hurrying to catch up. U.S. seaborne imports linked to the firm up by 26.8% year over year in the three months to May 31 and by 51.1% versus the same period of 2019. Herman Miller has incurred higher costs in meeting demand from “selectively adding inventory and doing some expedited freight” according to CFO Jeff Stutz and so has applied a “larger-than-normal price increase”. Over ...