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Steelcase - SCS STOCK NEWS

Welcome to our dedicated page for Steelcase news (Ticker: SCS), a resource for investors and traders seeking the latest updates and insights on Steelcase stock.

Steelcase (SCS) delivers innovative office furniture and architectural solutions that transform workplaces globally. This news hub provides investors and professionals with timely updates on corporate developments, product innovations, and strategic initiatives shaping the future of work environments.

Access official press releases and curated news covering earnings reports, leadership changes, sustainability efforts, and technology partnerships. Our repository simplifies tracking SCS's market position in commercial interiors and hybrid collaboration solutions.

Key updates include new product launches, design research breakthroughs, and expansion of the company's global dealer network. Bookmark this page for direct access to verified information supporting informed analysis of Steelcase's performance in the evolving office solutions sector.

Rhea-AI Summary
Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2024 financial results on December 20, 2023 at 8:30 a.m. ET. The news release detailing the financial results will be issued on December 19, 2023, after the market closes.
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Steelcase: New report shows progress in building community and reducing environmental impact. The 2023 Impact Report, Our Work Toward Better Futures, highlights the company's accomplishments in climate goals, carbon neutrality, community partnerships, charitable giving, DEI learning experiences, and more.
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Steelcase: Recognition from Women's Forum of New York and Grand Rapids Chamber for Over 50% Women on Board
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Steelcase publishes new research on global business leaders' priorities for employee wellbeing, sustainability, and diversity. The company releases its 2023 Impact Report, detailing progress on sustainability goals. Steelcase expands its CarbonNeutral® product portfolio, offering height-adjustable desks with carbon offsetting.
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Steelcase Inc. reports Q2 revenue of $854.6 million and net income of $27.5 million. Earnings per share increased 35% compared to prior year. Total liquidity strengthened by $115 million. Outlook projects full year adjusted EPS of $0.80 to $0.90, significantly above fiscal 2024 target.
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Steelcase Inc. to webcast Q2 fiscal year 2024 financial results discussion on September 20, 2023 at 8:30 a.m. ET.
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Steelcase Inc. (NYSE: SCS) will be presenting at the Midwest IDEAS Investor Conference on August 23, 2023, at 2:20 p.m. EDT. The presentation will be given by Dave Sylvester, Senior Vice President and CFO, and Mike O’Meara, Director, Investor Relations. The webcast will be available on the company's investor relations website.
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Steelcase Inc. reports year-over-year revenue and earnings growth in the first quarter of fiscal 2024. Gross margin improves by 530 basis points. The company expects to be ahead of pace on achieving financial targets for the year. Backlog of customer orders decreases by 20 percent compared to the prior year. Second quarter revenue projected to be in the range of $815 to $840 million, representing a decline of 3 to 6 percent compared to the prior year.
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Steelcase and its community of brands are showcasing new solutions at NeoCon 2023 to help organizations create diverse, vibrant, and sustainable workplaces. Recent research reveals that 70% of people globally are working in the office three or more days per week. Steelcase is addressing the evolving needs of hybrid work with innovative products like Steelcase Flex Single Table, Steelcase Ocular, Steelcase WorkValet, AMQ Bixby Lite Work, HALCON OPTIC, Smith System Flowform Learn Lounge, Viccarbe Foro, Viccarbe Funda Bold, Viccarbe Zoco, and West Elm Willow Work Lounge. Steelcase is committed to sustainability and reducing its carbon footprint through its product manufacturing.
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Steelcase

NYSE:SCS

SCS Rankings

SCS Stock Data

1.16B
82.82M
12.47%
96.02%
1.43%
Furnishings, Fixtures & Appliances
Office Furniture (no Wood)
Link
United States
GRAND RAPIDS