SCS News and Press, Steelcase Inc. From 09/21/22

Stocks rose Wednesday as investors awaited another likely interest rate hike from the Federal Reserve as it fights to tame surging inflation. The Dow Jones Industrials regained 183.9 points to open the mid-week session at 30,890.13. The S&P 500 moved higher 23.37 points to 3,879...

Steelcase ( NYSE: SCS ) is down ~10% to $9.73 after Sidoti downgraded rating to "Neutral" from "Buy." Stock nears its 52-week low price of $9.71. "Inflationary pressures continued to grow this quarter across a number of commodities, and we responded by announcing o...

Summary Steelcase has had an interesting couple of quarters, with revenue and profits both improving in the latest timeframe. Management currently has high expectations for this year and, on a forward basis, shares look quite cheap. This firm definitely warrants some considera...

GRAND RAPIDS, Mich., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Steelcase (NYSE: SCS) is pleased to announce it has been included on the 2022 Forbes List for Best Employers for Women, ranking 13 out of 400 organizations recognized. The Best Employers for Women have been identified in an indepe...

MillerKnoll is shrouded in uncertainty because of the merger of the two firms that created it. This would normally complicate an analysis of any such firm, but what really matters is how cheap shares of this business are. In all, the firm does seem to offer some nice upside potent...

Steelcase ( NYSE: SCS ) has declared $0.145/share quarterly dividend , in line with previous. Payable July 18; for shareholders of record July 7; ex-div July 6. See SCS Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Steel...

Steelcase sales and earnings come in well ahead of expectations in Q1. Momentum is set to continue in the second quarter. The company's assets and cash flow remain too cheap for shares to remain trading under the $11 handle for long. For further details see: Steelcase: S...

Steelcase Inc. (SCS) Q1 2023 Earnings Conference Call June 23, 2022 8:30 AM ET Company Participants Michael O'Meara - Director, Investor Relations and Financial Planning and Analysis Sara Armbruster - President and Chief Executive Officer David Sylvester - Senior Vice President and Chief Fina...

Steelcase shares jumped on Thursday after reporting a lighter-than-expected loss on Wednesday evening. The Michigan-based office furniture manufacturer posted a non-GAAP loss of $0.05 per share, alongside a 33.1% rise in revenue to $740.7M for the first quarter. Those figures bested estimates...

The following slide deck was published by Steelcase Inc. in conjunction with their 2023 Q1 earnings call. For further details see: Steelcase Inc. 2023 Q1 - Results - Earnings Call Presentation