Herman Miller shares rise on strong 4Q earnings

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ZEELAND, Mich. (AP) — Shares of Herman Miller Inc. hit a new 52-week high Thursday after the office furniture and accessories maker announced better-than-expected net income for its fiscal third quarter.

The Zeeland, Mich.-based company said late Wednesday that it earned $16.5 million, or 28 cents per share, for the quarter ended March 2. That was up 11 percent from $14.9 million, or 26 cents per share, in the same quarter last year.

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