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.

Steelcase (SCS) reports solid Q3 results, eyes growth opportunities

Steelcase (SCS) delivered a solid performance in Q3 2025, driven by growth in the Americas segment and diversification efforts in healthcare. While facing challenges from supply chain disruptions and industry growth slowdown, the company is focused on seizing opportunities in workplace trends and market expansion. With a strong financial position and strategic initiatives in place, Steelcase is poised for continued growth and success in fiscal 2026.

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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.

On Tuesday, March 24, Steelcase (NYSE: SCS) will release its latest earnings report.

Q4 Earnings Preview For Steelcase

GRAND RAPIDS, Mich., Feb.  24, 2020  (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today announced it has sold all of the issued and outstanding capital stock of PolyVision Corporation to an affiliate of Industrial Opportunity Partners.

Steelcase Sells PolyVision to Industrial Opportunity Partners

Company also recognized as a Best Place to Work for LGBTQ Equality Company also recognized as a Best Place to Work for LGBTQ Equality

Steelcase Named One of the World’s Most Admired Companies

Let's see if Steelcase (SCS) stock is a good choice for value-oriented investors right now from multiple angles.

Is Steelcase (SCS) a Suitable Stock for Value Investors?

The manufacturer appears to be in fine shape heading into the last quarter of the year.

Steelcase Surprises Investors With Strong Third-Quarter Results

Steelcase Inc. (SCS) CEO James Keane on Q3 2020 Results - Earnings Call Transcript

Steelcase (SCS) delivered earnings and revenue surprises of 31.43% and 2.02%, respectively, for the quarter ended November 2019. Do the numbers hold clues to what lies ahead for the stock?

Steelcase (SCS) Q3 Earnings and Revenues Top Estimates

Steelcase (SCS) earnings for the U.S. furniture company's third quarter of fiscal 2020 have SCS stock rising after markets closed on Tuesday.

Steelcase Earnings: SCS Stock Heads 4% Higher on Q3 Results

Office furniture specialist Steelcase topped Q3 estimates  Tuesday, lifting the stock above a buy point after hours. Rival Herman Miller reports Wednesday.

Steelcase Stock Poised To Break Out As Earnings Beat; Herman Miller Due

GRAND RAPIDS, Mich., Dec.  17, 2019  (GLOBE NEWSWIRE) -- Steelcase today announced Catherine “Triona” C.B. Schmelter has been appointed to its board of directors. Ms. Schmelter is President, Meal Solutions of TreeHouse Foods, Inc., a $4.3B Fortune 500 manufacturer of packaged foods and beverages.

Steelcase Announces Appoint­ment of Catherine “Triona” Schmelter to Board of Directors

Steelcase ranks in top third of  U.S. companies in Newsweek’s “Most Responsible” list Steelcase ranks in top third of  U.S. companies in Newsweek’s “Most Responsible” list

Steelcase Named One of America’s Most Responsible Companies

Steelcase (SCS) is likely to have witnessed increase in operating expenses owing to acquisitions and investments in product development, sales and marketing.

Steelcase (SCS) to Post Q3 Earnings: What's in the Offing?

Steelcase (SCS) closed the most recent trading day at $19.20, moving +1.8% from the previous trading session.

Steelcase (SCS) Outpaces Stock Market Gains: What You Should Know

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.

Analysts Estimate Steelcase (SCS) to Report a Decline in Earnings: What to Look Out for

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In the latest trading session, Steelcase (SCS) closed at $18.20, marking a -0.22% move from the previous day.

Steelcase (SCS) Stock Moves -0.22%: What You Should Know

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?

This is Why Steelcase (SCS) is a Great Dividend Stock

In the latest trading session, Steelcase (SCS) closed at $18.25, marking a -0.33% move from the previous day.

Steelcase (SCS) Dips More Than Broader Markets: What You Should Know

Why Steelcase (SCS) is a Great Dividend Stock Right Now

Steelcase (SCS) closed the most recent trading day at $17.95, making no change from the previous trading session.

Steelcase (SCS) Flat As Market Sinks: What You Should Know

Steelcase: An Attractive Play For Investors Betting On Continued Macro Strength

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In the latest trading session, Steelcase (SCS) closed at $17.51, marking a -1.74% move from the previous day.

Steelcase (SCS) Stock Sinks As Market Gains: What You Should Know

Are You Looking for a High-Growth Dividend Stock? Steelcase (SCS) Could Be a Great Choice

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With the Q3 reporting cycle gaining steam, investors must be looking for solid growth stocks. However, not considering their debt level might not be a wise move.

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