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home / news releases / SCS - Herman Miller: More Upside In 2021

SCS - Herman Miller: More Upside In 2021

Steelcase Inc.
  • International Contract and Retail continue to more than make up for the decline in North American contract sales.
  • Ordering trends improved throughout Q2, finishing the quarter down less than 10% from the prior year.
  • Herman Miller is now net debt free (having more cash than debt) after several quarters of strong cash flow, minimal CapEx, and no share repurchases.
  • North America Contract business improvement and a resumption of share repurchases could drive shares into the $50's this year.

For further details see:

Herman Miller: More Upside In 2021
Stock Information
Company Name: Steelcase Inc.
Stock Symbol: SCS
Market: NYSE
Website: steelcase.com
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