Steelcase Inc. (SCS)
| 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]
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 StatementsNews
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.
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.
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...
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...
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...
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'...
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...
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...
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 ...
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...
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 ...
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,...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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...