Steelcase

Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. It operates through the Americas, EMEA, and Other Category segments. The firm’s furniture portfolio includes panel, fence and beam-based furniture systems, storage products, fixed and height-adjustable desks, benches, and tables, as well as complementary products, including work tools and screens. Its seating products consist of ergonomic task chairs, seating for collaborative or casual settings, and specialty seating for specific vertical markets, such as healthcare and education. The firm’s interior architectural products include full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers, and ceramic steel surfaces for use in various applications, including static whiteboards and chalkboards through third-party fabricators and distributors, as well as workplace strategy consulting, data-driven space measurement, lease origination, furniture and asset management, and hosted event services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Coalesse, Smith System, AMQ, Turnstone, Orangebox, Designtex, and PolyVision brands. Steelcase was founded by Peter Martin Wege, Walter D. Idema, and David Hunting on March 14, 1912 and is headquartered in Grand Rapids, MI.

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Steelcase Inc. surpasses Q1 expectations, eyes workplace trends for growth

Steelcase Inc.'s Q1 2024 performance exceeded expectations, with positive indicators for Q2. While challenges in the aviation market persist, the company is strategically positioned to leverage opportunities in the evolving workplace landscape.

Steelcase Inc. exceeds Q2 expectations, faces international challenges

Steelcase Inc. delivered strong Q2 results, exceeding expectations and demonstrating improved profitability. While facing challenges in international markets and declining orders, the company is focused on maintaining liquidity and exploring opportunities for acquisitions and debt reduction. The increasing demand for workplace transformation presents an opportunity for growth and adaptation to new ways of working.

Steelcase Inc. reports strong Q3 performance and focuses on workplace transformation

Steelcase Inc. demonstrated strong performance with notable improvements in gross margin and international segment profitability. However, challenges related to backlog impact, order strength, and profitability in different segments were highlighted. The company's focus on workplace transformation and sustainability presents opportunities for future growth and success.

Steelcase surpasses Q4 expectations, eyes growth amidst market challenges

Steelcase's Q4 2023 performance exceeded expectations, driven by strong revenue, gross margin improvement, and operational efficiencies.
Despite challenges such as inflation and supply chain disruptions, fiscal 2023 showcased resilience and growth, setting the stage for fiscal 2024 priorities.
Emphasis on workplace transformation, diversification, and profitability positions Steelcase for sustainable growth and market leadership in the future.
Strategic focus on profitability, operational efficiency, and market expansion highlights Steelcase's commitment to navigating market challenges and seizing growth opportunities.

Steelcase surpasses Q1 expectations, eyes growth through workplace innovation

Steelcase delivered strong Q1 results, focusing on operational improvements and strategic initiatives despite challenges in international markets. The company aims to drive growth through workplace innovation and efficiency enhancements.

Steelcase exceeds Q2 expectations, eyes growth in workplace transformation

Steelcase's strong Q2 performance, focus on profitability initiatives, and positive outlook for in-office presence mandates present a promising future. Challenges in international markets and varying customer relationships require strategic attention. Opportunities for growth lie in workplace transformation and maintaining financial strength.

Steelcase reports Q3 growth, focuses on sustainability for future success

Steelcase demonstrated strong performance in Q3 with notable improvements in gross margin and profitability across segments, despite some financial metrics falling slightly below expectations.
The company's focus on sustainability and innovation, along with a commitment to positive social and environmental impact, highlights its strategic alignment with evolving market trends and customer preferences.
While facing challenges in flat Q4 revenue growth, Steelcase's outlook for fiscal 2025 presents opportunities for organic revenue growth, improved earnings, and continued focus on profitability and margin enhancement.

Steelcase (SCS) reports strong Q4 earnings, eyes ERP optimization

Steelcase's Q4 2024 earnings call highlighted robust financial results, strategic initiatives for growth, and a strong balance sheet. With a focus on workplace innovation and customer diversification, the company aims for mid-single-digit order growth and organic revenue growth of 1% to 5% in fiscal 2025.

Steelcase Q1 2025 Earnings Beat Expectations, Growth Ahead

Steelcase's Q1 2025 earnings call highlighted significant financial performance, innovative product launches, and strategic collaborations. With a strong order growth and a positive outlook for Q2, the company remains optimistic about achieving its fiscal 2025 targets amid stable macroeconomic conditions.

Steelcase reports robust Q2 earnings, eyes global workplace transformation

Steelcase's Q2 2025 earnings call showcased strong financial results, a focus on workplace transformation, and commitment to social impact. While facing challenges like order declines and project timing risks, the company remains confident in achieving its fiscal 2025 targets.

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Steelcase, Inc. engages in the manufacture and distribution of office environments. It operates through the following segments: Americas, EMEA, and Other. The Americas segment serves customers in the US, Canada, the Caribbean Islands, and Latin America through the Steelcase, AMQ, Coalesse, HALCON, Orangebox, Smith System, and Viccarbe brands. The EMEA segment provides service to customers in Europe, the Middle East, and Africa under the Steelcase, Coalesse, Orangebox and Viccarbe brands. The Other segment includes Asia Pacific and Designtex. The company was founded by Peter Martin Wege, Walter D. Idema, and David Hunting on March 14, 1912 and is headquartered in Grand Rapids, MI.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Steelcase (SCS) have what it takes?

Why Steelcase (SCS) is a Top Dividend Stock for Your Portfolio

Steelcase Inc. (SCS) CEO Jim Keane on Q2 2020 Results - Earnings Call Transcript

The company delivered stronger-than-expected earnings following a disappointment earlier in the year.

Why Steelcase Shares Are Soaring Today

Steelcase (SCS) earnings for its fiscal second quarter of 2020 is sending SCS stock higher in after-hours trading on Thursday.
The post Steelcase Earnings: SCS Stock Gets a 5% Bump on Q2 Report appeared first on InvestorPlace.

Steelcase Earnings: SCS Stock Gets a 5% Bump on Q2 Report

Steelcase Inc. (NYSE: SCS) shares are moving higher after reporting a second-quarter earnings beat.

Steelcase Trades Higher After Q2 Earnings Beat

GRAND RAPIDS, Mich., Sept.  19, 2019  (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $998.0 million and net income of $60.5 million, or diluted earnings of $0.50 per share.  In the prior year, Steelcase reported $875.8 million of revenue and net income of $49.1 million, or diluted earnings of $0.41 per share.

Steelcase Reports Second Quarter Fiscal 2020 Results

Steelcase (SCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Steelcase (SCS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW YORK, Sept.  09, 2019  (GLOBE NEWSWIRE) -- Today Fast Company’s 2019 Innovation by Design Awards honored SILQ™, a Steelcase chair that transforms seating through design. Through an innovation in materials science and a patent-pending process, Steelcase designers and engineers created a new high-performance composite material without the expense of using carbon fiber. The result is a chair that responds to the natural movements of the human body with only one adjustment— height. 

Steelcase SILQ Chair Honored with Fast Company 2019 Innovation by Design Award

Steelcase long has been a frustrating stock, as both its own performance and investor sentiment toward its sector have been inconsistent.

It Might Be Now Or Never For Steelcase

Steelcase Inc. (SCS) CEO Jim Keane on Q1 2020 Results - Earnings Call Transcript

Order delays led to weaker-than-expected quarterly results.

Why Shares of Steelcase Plunged on Thursday

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Why Carnival, Steelcase, and Scholar Rock Holding Slumped Today

A mostly healthy performance was marred by a top line that missed its anticipated range.

Steelcase Misses Its Own Revenue Guidance in an Otherwise Strong Quarter

Revenue surged 9% compared to the year-ago quarter.

Steelcase Earnings: SCS Stock Sinks as Q1 Earnings Surge, Miss Outlook

Steelcase (SCS) delivered earnings and revenue surprises of -21.05% and -1.55%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?

Steelcase (SCS) Misses Q1 Earnings and Revenue Estimates

Steelcase's (SCS) first-quarter fiscal 2020 results to reflect organic revenue growth and price-driven profitability improvement.

Steelcase (SCS) to Report Q1 Earnings: What's in the Cards?

Investors already anticipate that the company will maintain sales momentum in the first quarter of the new fiscal year.

What to Expect When Steelcase Reports Earnings

Office furniture maker Steelcase Inc. reported fourth-quarter results Tuesday that prompted a "puzzling" 14-percent decline in the stock Wednesday, according to Raymond James.

Raymond James: Steelcase A Strong Buy After Wednesday's 'Puzzling' Decline

I first wrote about Steelcase in October of 2017 as a promising player in the office furniture space, in which the company has a leading market share position.

Steelcase Shows Continued Outperformance

Fiscal 2019 earnings were great. It's fiscal 2020 that's the problem.

Why Steelcase Stock Dropped 13%

Steelcase Inc. (SCS) CEO James Keane on Q4 2019 Results - Earnings Call Transcript

News for Steelcase Stock (SCS)