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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...
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...
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2024-07-04 10:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
GRAND RAPIDS, Mich., June 25, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announces that Dave Sylvester, Senior Vice President, Chief Financial Officer and Michael O’Meara, Director, Investor Relations and Financial Planning & Analysis, will be presenting at the Noble Capital M...