SCS News and Press, Steelcase Inc. From 10/20/22

GRAND RAPIDS, Mich., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Steelcase (NYSE: SCS) announced today Sanjay Gupta has been appointed to its board of directors. Gupta is a digital marketing and business leader who is currently serving as the chief marketing officer and chief digital officer at Guara...

Summary The third quarter of 2022 saw the U.S. stock market's dividend-paying stocks turn in another mixed performance. The bad news is that the number of dividend cuts has risen in 2022-Q3. We anticipate the U.S. stock market's metadata for dividend cuts will provide a near r...

Summary MSA Safety has experienced some volatility recently, but the overall trend for the business is positive. Long term, the company should do well for itself, but this doesn't mean that it's a great prospect to buy. Shares look to be more or less fairly valued, meaning tha...

Summary ACCO Brands has had mixed financial results lately, particularly on the bottom line. Investors are likely spooked because of some fundamental weakness and concerns over the broader economy. But even with these concerns, shares of the business look cheap and are worth c...

Office-furniture specialist Steelcase (NYSE: SCS) might have wished it stayed home from the office on Thursday. Investors reacted sharply to the company's latest set of quarterly results, and not in a good way. They collectively traded the stock down by just over 10% on the day. ...

Steelcase Inc. (SCS) Q2 2023 Earnings Conference Call September 22, 2022 8:30 am ET Company Participants Sara Armbruster - President, Chief Executive Officer David Sylvester - Senior Vice President, Chief Financial Officer Mike O’Meara - Director, Investor...

Steelcase Inc. ( NYSE: SCS ) shares marked a modest decline in after hours trading following a mixed earnings report for its fiscal second quarter and slated significant spending cuts moving forward. For the fiscal second quarter, the Michigan-based furniture company...

Steelcase press release ( NYSE: SCS ): FQ2 Non-GAAP EPS of $0.21 beats by $0.08 . Revenue of $863.3M (+19.1% Y/Y) misses by $19.4M . Gross margin improved 60 basis points compared to prior year despite continued significant inflationary pressure Third quart...

Revenue growth of 19% driven by strong backlog, including significant pricing benefits Gross margin improved 60 basis points compared to prior year despite continued significant inflationary pressure Third quarter outlook reflects continued revenu...

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...