Steelcase Inc. (SCS)

NYSE: SCS · IEX Real-Time Price · USD
10.87
-0.20 (-1.81%)
Oct 2, 2023, 4:00 PM EDT - Market closed
-1.81%
Market Cap 1.24B
Revenue (ttm) 3.24B
Net Income (ttm) 56.10M
Shares Out 114.06M
EPS (ttm) 0.47
PE Ratio 23.13
Forward PE 13.83
Dividend $0.40 (3.68%)
Ex-Dividend Date Oct 2, 2023
Volume 780,838
Open 11.08
Previous Close 11.07
Day's Range 10.81 - 11.09
52-Week Range 6.20 - 11.38
Beta 1.39
Analysts Hold
Price Target n/a
Earnings Date Sep 19, 2023

About SCS

Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other 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, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific v... [Read more]

Sector Industrials
IPO Date Feb 19, 1998
Employees 12,000
Stock Exchange NYSE
Ticker Symbol SCS
Full Company Profile

Financial Performance

In 2022, Steelcase's revenue was $3.23 billion, an increase of 16.59% compared to the previous year's $2.77 billion. Earnings were $35.30 million, an increase of 782.50%.

Financial Statements

News

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
12 days 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.

13 days 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...

13 days 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...

4 weeks 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...

6 weeks 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'...

3 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...

3 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...

3 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 ...

4 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...

4 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 ...

4 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,...

6 months ago - GlobeNewsWire

Steelcase Makes the Case for the Taking Longs

Office furniture maker Steelcase Inc. (NYSE:SCS) stock may be staging a turnaround as it attempts to break out of a weekly descending triangle price pattern. Steelcase manufactures and sells office fu...

6 months ago - MarketBeat

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...

6 months 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...

6 months ago - GlobeNewsWire

Steelcase to Webcast Fourth Quarter and Fiscal 2023 Conference Call

GRAND RAPIDS, Mich., March 02, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2023 financial results on Thursday, March 23, 2023 at...

7 months ago - GlobeNewsWire

Steelcase Named One of the World's Most Admired Companies by FORTUNE®

The company earned a place on the prestigious list for the 17th year, listed as fourth in the Home Equipment and Furnishings category The company earned a place on the prestigious list for the 17th ye...

8 months ago - GlobeNewsWire

Steelcase Reports Third Quarter Fiscal 2023 Results

GRAND RAPIDS, Mich., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $826.9 million, net income of $11.4 million, or $0.10 per share, and adjusted ...

10 months ago - GlobeNewsWire

Steelcase to Webcast Third Quarter Conference Call

GRAND RAPIDS, Mich., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2023 financial results on Tuesday, December 20, 2022 at 8:3...

10 months ago - GlobeNewsWire

Steelcase Announces Appointment of Sanjay Gupta to Board of Directors

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...

1 year ago - GlobeNewsWire

Steelcase: A Quality Furniture Company Facing Headwinds

Steelcase provides a portfolio of furniture and architectural products globally, primarily for the office environment. The company also provides furniture and accessories for the home office, hospital...

1 year ago - GuruFocus

What Steelcase's Earnings Say About the Return to the Office?

This article looks at what Steelcase said in its earnings report and why it could be a leading indicator of what is coming for the next several quarters.

1 year ago - MarketBeat

Steelcase plans job cuts on 'lower than expected return-to-office trends'

Steelcase SCS, -1.28% on Wednesday said it planned to cut up to 180 salaried positions in the third quarter, citing a "recent volume decline in our incoming orders and lower than expected return-to-of...

1 year ago - Market Watch

Steelcase Reports Second Quarter Fiscal 2023 Results

GRAND RAPIDS, Mich., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $863.3 million, net income of $19.6 million, or $0.17 per share, and adjuste...

1 year ago - GlobeNewsWire

Steelcase to Webcast Second Quarter Conference Call

GRAND RAPIDS, Mich., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2023 financial results on Thursday, September 22, 2022 at...

1 year ago - GlobeNewsWire