As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at business services & supplies stocks, starting with MillerKnoll (NASDAQ: MLKN).
This is a sector that encompasses many types of business, and so it follows that a number of trends will impact the space. For industrial and environmental services companies, for example, trends around environmental compliance and increasing corporate ESG commitments matter while for safety and security services companies, the intersection of physical security, cybersecurity, and workplace safety regulations are the topics du jour. Broadly, AI and automation could be tailwinds for companies in the space that invest wisely. On the other hand, shifting regulatory frameworks could force continual changes in go-to-market and costly investments.
The 20 business services & supplies stocks we track reported a strong Q2. As a group, revenues beat analysts’ consensus estimates by 2.2% while next quarter’s revenue guidance was in line.
In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.
MillerKnoll (NASDAQ: MLKN)
Created through the 2021 merger of industry icons Herman Miller and Knoll, MillerKnoll (NASDAQ: MLKN) designs, manufactures, and distributes interior furnishings for offices, healthcare facilities, educational settings, and homes worldwide.
MillerKnoll reported revenues of $1.00 billion, up 4.4% year on year. This print exceeded analysts’ expectations by 3.1%. Overall, it was a satisfactory quarter for the company with a beat of analysts’ EPS estimates.
Interestingly, the stock is up 23.2% since reporting and currently trades at $21.25.
Is now the time to buy MillerKnoll? Access our full analysis of the earnings results here, it’s free.
Best Q2: OPENLANE (NYSE: OPLN)
Facilitating the sale of approximately 1.3 million used vehicles in 2023, OPENLANE (NYSE: OPLN) operates digital marketplaces that connect sellers and buyers of used vehicles across North America and Europe, facilitating wholesale transactions.
OPENLANE reported revenues of $554.6 million, up 15.1% year on year, outperforming analysts’ expectations by 4.4%. The business had a stunning quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ full-year EPS guidance estimates.
Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 13.8% since reporting. It currently trades at $35.50.
Is now the time to buy OPENLANE? Access our full analysis of the earnings results here, it’s free.
Weakest Q2: Copart (NASDAQ: CPRT)
Starting as a single salvage yard in California in 1982, Copart (NASDAQ: CPRT) operates an online auction platform that connects sellers of damaged and salvage vehicles with buyers ranging from dismantlers and rebuilders to used car dealers and exporters.
Copart reported revenues of $1.15 billion, up 2.4% year on year, exceeding analysts’ expectations by 1%. Still, it was a softer quarter as it posted a significant miss of analysts’ EPS estimates.
Interestingly, the stock is up 4.3% since the results and currently trades at $31.83.
Read our full analysis of Copart’s results here.
Brink's (NYSE: BCO)
Known for its iconic armored trucks that have been a fixture in American cities since 1859, Brink's (NYSE: BCO) provides secure transportation and management of cash and valuables for banks, retailers, and other businesses worldwide.
Brink's reported revenues of $1.39 billion, up 7.1% year on year. This result met analysts’ expectations. Taking a step back, it was a satisfactory quarter as it also produced an impressive beat of analysts’ EPS guidance for next quarter estimates but revenue guidance for next quarter slightly missing analysts’ expectations.
The stock is down 7.3% since reporting and currently trades at $109.32.
Read our full, actionable report on Brink's here, it’s free.
HNI (NYSE: HNI)
With roots dating back to 1944 and a significant acquisition of Kimball International in 2023, HNI (NYSE: HNI) manufactures and sells office furniture systems, seating, and storage solutions, as well as residential fireplaces and heating products.
HNI reported revenues of $1.47 billion, up 121% year on year. This print was in line with analysts’ expectations. It was a very strong quarter as it also put up a beat of analysts’ EPS estimates.
HNI scored the fastest revenue growth among its peers. The stock is up 9.2% since reporting and currently trades at $46.70.
Read our full, actionable report on HNI here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
