Steelcase Inc. (SCS)

NYSE: SCS · IEX Real-Time Price · USD
11.85
+0.02 (0.17%)
Apr 19, 2024, 2:17 PM EDT - Market open
0.17%
Market Cap 1.35B
Revenue (ttm) 3.16B
Net Income (ttm) 81.10M
Shares Out 114.16M
EPS (ttm) 0.68
PE Ratio 17.54
Forward PE 13.62
Dividend $0.40 (3.38%)
Ex-Dividend Date Apr 2, 2024
Volume 178,988
Open 11.83
Previous Close 11.83
Day's Range 11.83 - 11.96
52-Week Range 6.39 - 14.54
Beta 1.30
Analysts n/a
Price Target n/a
Earnings Date Mar 20, 2024

About SCS

Steelcase Inc. provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for... [Read more]

Sector Industrials
IPO Date Feb 19, 1998
Employees 11,400
Stock Exchange NYSE
Ticker Symbol SCS
Full Company Profile

Financial Performance

In 2023, Steelcase's revenue was $3.16 billion, a decrease of -2.26% compared to the previous year's $3.23 billion. Earnings were $81.10 million, an increase of 129.75%.

Financial Statements

News

Steelcase Reports Fourth Quarter and Fiscal 2024 Results

GRAND RAPIDS, Mich., March 20, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $775.2 million, net income of $21.3 million, or $0.18 per share, and adjuste...

4 weeks ago - GlobeNewsWire

Steelcase to Webcast Fourth Quarter and Fiscal 2024 Conference Call

GRAND RAPIDS, Mich., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2024 financial results on Thursday, March 21, 2024 at ...

7 weeks ago - GlobeNewsWire

Steelcase Earns Top Score in Industry for Climate Change Disclosure From CDP

Ranking in the top 5% of 23,000+ participating companies, the organization has earned an A- for disclosing its best practice environmental strategy and actions. GRAND RAPIDS, Mich.

2 months ago - PRNewsWire

Steelcase Recognized as One of the World's Most Admired Companies by FORTUNE®, Named First in Home Equipment and Furnishings Category

GRAND RAPIDS, Mich. , Feb. 1, 2024 /PRNewswire/ -- Steelcase (NYSE: SCS) has been named among the world's leading brands on the FORTUNE® 2024 World's Most Admired Companies list for the 18th year and ...

2 months ago - PRNewsWire

Steelcase Reports Third Quarter Fiscal 2024 Results

GRAND RAPIDS, Mich., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $777.9 million, net income of $30.8 million, or $0.26 per share, and adjusted ...

4 months ago - GlobeNewsWire

Steelcase to Webcast Third Quarter Fiscal 2024 Conference Call

GRAND RAPIDS, Mich., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2024 financial results on Wednesday, December 20, 2023 at 8...

5 months ago - GlobeNewsWire

Steelcase Black Friday (2023): Review of Early Offers Researched by Save Bubble

BOSTON--(BUSINESS WIRE)--Black Friday deals researchers at Save Bubble are reviewing any early Black Friday 2023 offers on Steelcase office chairs & adjustable height desks.

5 months ago - Business Wire

Steelcase 2023 Impact Report Announces Significant Progress Toward the Wellbeing of People and the Planet

New report demonstrates measurable progress toward building community and belonging for people and reducing environmental impact with ambitious climate goals. GRAND RAPIDS, Mich.

5 months ago - PRNewsWire

Steelcase Recognized for Advancing and Supporting Women

The organization ranks among only 7% of Fortune 1000 and S&P 500 companies with more than half of their board of directors comprised of women. GRAND RAPIDS, Mich.

5 months ago - PRNewsWire

Steelcase Black Friday (2023): Summary of Early Adjustable Height Desk, Office Chair & More Offers Researched by Spending Lab

BOSTON--(BUSINESS WIRE)--Spending Lab researchers share early Steelcase offers and deals for Black Friday 2023, including offers on Steelcase Series 2 & 1, Amia & Leap.

5 months ago - Business Wire

Steelcase Research Finds Leaders' Priorities Shift

GRAND RAPIDS, Mich., Oct. 24, 2023 (GLOBE NEWSWIRE) -- To help organizations achieve their sustainability and social responsibility goals, Steelcase, a global design and thought leader in the world of...

6 months ago - GlobeNewsWire

Instacart stock slips after IPO, Dollar General shares hit by downgrade and other stocks on the move

Shares of Steelcase Inc. SCS gained 3% after the office-furniture maker called for “significantly improved” profit as more companies order their employees back to the office.

Other symbols: CARTDGEBAYPINS
7 months ago - Market Watch

Steelcase expects ‘significantly improved' profit, as more employees return to offices

Shares of Steelcase Inc. rallied after hours on Tuesday, after the office-furniture maker said it expects “significantly improved” profit as more employers order their workers back to the office.

7 months ago - Market Watch

Steelcase Reports Second Quarter Fiscal 2024 Results

GRAND RAPIDS, Mich., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $854.6 million, net income of $27.5 million, or $0.23 per share, and adjuste...

7 months ago - GlobeNewsWire

Steelcase to Webcast Second Quarter Fiscal 2024 Conference Call

GRAND RAPIDS, Mich., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2024 financial results on Wednesday, September 20, 2023 at...

8 months ago - GlobeNewsWire

Steelcase to Participate in Midwest IDEAS Investor Conference

GRAND RAPIDS, Mich., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announces that Dave Sylvester, Senior Vice President and CFO, and Mike O'Meara, Director, Investor Relations, will pre...

8 months ago - GlobeNewsWire

Steelcase stock rises after earnings, although executives warn of ‘challenging' environment for workplace furniture

Shares of office-furniture supplier Steelcase Inc. SCS, -1.90% rose on Wednesday reported first-quarter results that beat estimates, but its second-quarter sales forecast came up short of Wall Street'...

10 months ago - Market Watch

Steelcase Reports First Quarter Fiscal 2024 Results

GRAND RAPIDS, Mich., June 21, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $751.9 million, net income of $1.5 million, or $0.01 per share, and adjusted e...

10 months ago - GlobeNewsWire

Steelcase Showcases New Solutions that go Beyond Hybrid and Deliver on Sustainability Commitments at NeoCon 2023

GRAND RAPIDS, Mich., June 13, 2023 (GLOBE NEWSWIRE) -- At NeoCon 2023 this week, Steelcase and its community of brands are showcasing new solutions to help organizations create diverse, vibrant and su...

11 months ago - GlobeNewsWire

Steelcase Receives Gold Rating from EcoVadis for Industry-Leading Work Caring for People and the Planet, Earns Perfect Score on Environmental Scorecard

The global furniture manufacturer continues to be ranked among the top two percent in the industry and is awarded Gold for the third consecutive year The global furniture manufacturer continues to be ...

11 months ago - GlobeNewsWire

Steelcase to Webcast First Quarter Fiscal 2024 Conference Call

GRAND RAPIDS, Mich., June 01, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2024 financial results on Thursday, June 22, 2023 at 8:30 a...

11 months ago - GlobeNewsWire

The Civic 50 Names Steelcase One of America's 50 Most Community-Minded Companies and Strategic Volunteering Award Winner

GRAND RAPIDS, Mich., May 23, 2023 (GLOBE NEWSWIRE) -- Steelcase has been recognized by The Civic 50 as one of the fifty most community-minded companies in the United States for the sixth year and has ...

11 months ago - GlobeNewsWire

Steelcase to Host, Webcast Investor Day May 4

GRAND RAPIDS, Mich., April 17, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will hold an Investor Day event Thursday, May 4, 2023, at the Steelcase WorkLife Center, 4 Columbus Circle, New York,...

1 year ago - GlobeNewsWire

Steelcase stock jumps 12% as quarterly orders grow on return-to-work trends

Shares of Steelcase Inc. SCS, -1.78% rallied 12% in the extended session Wednesday after the office furniture maker reported adjusted quarterly earnings and sales above Wall Street expectations, sayin...

1 year ago - Market Watch

Steelcase Reports Fourth Quarter and Fiscal 2023 Results

GRAND RAPIDS, Mich., March 22, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $801.7 million, net income of $15.7 million, or $0.13 per share, and adjuste...

1 year ago - GlobeNewsWire