Monday marks the last chance for investors to receive the next dividend payout from Steelcase (NYSE: SCS ). What''s Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 10 cents per share. On Tuesday, Steelcase will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, … Full story available on Benzinga.com
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Steelcase Inc. with ticker code (SCS) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 16 and 11 with the average target price sitting at 13.67. With the stocks previous close at 8.31 this would indicate that there is a potential upside of 64.5%. There is a 50 day moving average of 11.06 and the 200 day MA is 11.55. The company has a market capitalisation of $827m. Visit the company website at: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,360m based on the market concensus. 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.
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A bottom-line beat was convincing, but guidance for the current quarter fell short.
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Steelcase stock is down approximately 6% after lowering its guidance for the upcoming quarter. The company is beginning to overcome inflation pressures but is forecasting weakening demand. A reduced dividend may cause income investors to stay away. Steelcase (NYSE: SCS) stock is dropping following a mixed earnings report. In this case, the company beat on […]
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NEW YORK - Stocks that traded heavily or had substantial price changes Thursday: Steelcase Inc., down 93 cents to $8.31. The office furniture maker gave investors a…
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Gainers: United Maritime USEA +28%, ShiftPixy (PIXY) +19%, Amprius Technologies (AMPX) +13%.Losers: CleanTech Acquisition (KITT) -16%, Sky Harbour Group (SKYH) -12%, Steelcase…
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Steelcase Inc. (NYSE:NYSE:SCS) Q2 2023 Earnings Conference Call September 22, 2022 8:30 am ET Company Participants Sara Armbruster - President, Chief Executive Officer David Sylvester -…
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Steelcase Inc. 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-office trends in the Americas." The maker of furniture and other supplies for offices, hospitals and classrooms said the move, intended to cut expenses, targeted around $20 million of annualized spending. The positions to be eliminated were in Steelcase''s core Americas business and corporate roles. Steelcase, based in Grand Rapids, Mich., has around 11,800 employees, according to its annual report filed in April. For its fiscal second quarter, Steelcase reported net income of $19.6 million, or 17 cents per share, compared to $24.7 million and 21 cents, respectively, in the year-earlier period. Sales were $863.3 million, compared to $724.8 million in the year-earlier period. Adjusted earnings per share were 21 cents, compared to 23 cents a year ago. Analysts polled by FactSet expected adjusted earnings per share of 12 cents, on sales of $884 million.
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Steelcase Inc. 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-office trends in the Americas.” The maker of furniture and other supplies for offices, hospitals and classrooms said the move, intended to cut expenses, … The post Steelcase plans job cuts on ‘lower than expected return-to-office trends’ appeared first on ForexTV .
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Steelcase Inc. (SCS) shares marked a modest decline in after hours trading following a mixed earnings report.
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New Jersey, NJ -- ( SBWIRE ) -- 09/20/2022 -- The Latest research study released by HTF MI "Global Custom Furniture Market" with 111+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status (2022-2028). The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the Major Companies covered in this Research are Steelcase, Herman Miller, Haworth, Teknion, HNI Corporation, KI, Okamura, KOKUYO, Knoll, VS, Kimball International, Kinnarps, Minyi Furniture, British Thornton, Ailin Technology, IKEA, Ashley Furniture Industries, Leggett & Platt, Smith System, Yihua Timber, Natuzzi, Quanyou, Dorel Industries, Changjiang Furniture Company, Oppein, Suofeiya, Shangpin Zhaipei, Holike, Joybird & Hanssem etc.
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Steelcase (SCS) is scheduled to announce Q2 earnings results on Wednesday, September 21st, after market close.The consensus EPS Estimate is $0.13 (-38.1% Y/Y) and the consensus Revenue…
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Steelcase (NYSE: SCS ) is set to give its latest quarterly earnings report on Wednesday, 2022-09-21. Here''s what investors need to know before the announcement. Analysts estimate that Steelcase will report an earnings per share (EPS) of $0.13. Steelcase bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com
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Steelcase (SCS) is down ~10% to $9.73 after Sidoti downgraded rating to "Neutral" from "Buy." Stock nears its 52-week low price of $9.71. "Inflationary pressures continued to grow…
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Steelcase has had an interesting couple of quarters, with revenue and profits both improving. See why I think SCS is a cheap way to play the furniture market.
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New Jersey, USA -- ( SBWIRE ) -- 09/06/2022 -- The latest study released on the Global Educational Furniture Market by AMA Research evaluates market size, trend, and forecast to 2027. The Educational Furniture market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Key Players in This Report Include: Herman Miller, Inc. (United States), VS (Germany), Steelcase (United States), Knoll (United States), HNI Corporation (United States), Haworth (United States), British Thornton (United Kingdom), Smith System (United States), Kokuyo Co., Ltd. (Japan), Metalliform Holdings Ltd (United Kingdom), Virco (United States), Gonzagarredi Montessori (Italy), Disney Furniture (United States), FLEXA (Denmark) Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/21000-global-educational-furniture-market-1 Definition: A learning space requires a unique set of solutions to provide the comfort, focus, and support that students and teachers need.
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Online Household Furniture Market 2022-2028 Edison, NJ -- ( SBWIRE ) -- 08/22/2022 -- The Latest research study released by HTF MI "Online Household Furniture Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are CORT, Wayfair, Masco, IKEA Systems, John Boos, MasterBrand Cabinets, Kimball, La-Z-Boy, FurnitureDealer, Steelcase, Rooms To Go, Ashley, Roche Bobois, SICIS & Armstrong Cabinets etc. Click here for free sample + related graphs of the report @: https://www.htfmarketreport.com/sample-report/3756884-online-household-furniture-market Browse market information, tables and figures extent in-depth TOC on "Online Household Furniture Market by Application (Household Application, Office Application, Hospital Application, Outdoor Application & Others), by Product Type (, Solid Wood Type, Metal Type, Jade Type, Glass Type & Others), Business scope, Manufacturing and Outlook – Estimate to 2027". for more information or any query mail at sales@htfmarketreport.com At last, all parts of the Online Household Furniture Market are quantitatively also subjectively valued to think about the Global just as regional market equally.
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Steelcase Inc. with ticker code (SCS) have now 3 analysts in total covering the stock. The consensus rating is ''Strong_Buy''. The target price ranges between 17 and 14 and has a mean target at 15.67. With the stocks previous close at 12.03 this is indicating there is a potential upside of 30.3%. The 50 day MA is 11.16 and the 200 moving average now moves to 11.73. The company has a market capitalisation of $1,368m. Company Website: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,782m based on the market concensus. 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.
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Steelcase Inc. with ticker code (SCS) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The target price ranges between 17 and 14 calculating the average target price we see 15.67. Now with the previous closing price of 11.76 this indicates there is a potential upside of 33.2%. The day 50 moving average is 11.15 and the 200 day MA is 11.73. The market cap for the company is $1,357m. Visit the company website at: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,808m based on the market concensus. 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.
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Steelcase Inc. with ticker code (SCS) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The target price ranges between 17 and 14 calculating the average target price we see 15.67. Given that the stocks previous close was at 11.32 this would indicate that there is a potential upside of 38.4%. The 50 day MA is 11.21 and the 200 day moving average is 11.75. The market capitalisation for the company is $1,279m. Find out more information at: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,770m based on the market concensus. 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.
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Steelcase Inc. found using ticker (SCS) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Strong_Buy''. The target price ranges between 17 and 14 with a mean TP of 15.67. With the stocks previous close at 11.29 this is indicating there is a potential upside of 38.8%. The day 50 moving average is 11.26 while the 200 day moving average is 11.78. The market cap for the company is $1,255m. Company Website: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,742m based on the market concensus. 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.
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Steelcase Inc. with ticker code (SCS) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The target price ranges between 17 and 14 and has a mean target at 15.67. With the stocks previous close at 11.25 this indicates there is a potential upside of 39.3%. The 50 day moving average now sits at 11.3 and the 200 moving average now moves to 11.81. The company has a market capitalisation of $1,258m. Find out more information at: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,753m based on the market concensus. 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.
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Steelcase Inc. found using ticker (SCS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Strong_Buy''. The target price ranges between 17 and 14 calculating the mean target price we have 15.67. Now with the previous closing price of 10.67 this now indicates there is a potential upside of 46.9%. There is a 50 day moving average of 11.49 and the 200 day moving average is 11.91. The market cap for the company is $1,200m. Company Website: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,762m based on the market concensus. 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.
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Classroom Furnitures Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 07/08/2022 -- Classroom Furnitures Market - Global Trends, Insights to 2028 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Classroom Furnitures Market. Some of the key players profiled in the study are Herman Miller, HNI Corporation, KI, Steelcase, Ballen Panels, EDUMAX, FLEETWOOD GROUP, Hertz Furniture, Knoll, Smith System, VS & TRAYTON GROUP. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/4107393-classroom-furnitures-market-2 Classroom Furnitures Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Desks and Chairs, Blackboards, , Wood, Metals & Plastic and 18+ countries across the globe along with insights on emerging & major players.
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Steelcase (NYSE:SCS) has declared $0.145/share quarterly dividend, in line with previous.Payable July 18; for shareholders of record July 7; ex-div July 6.See SCS Dividend Scorecard, Yield…
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Steelcase Inc. with ticker code (SCS) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 17 and 14 with a mean TP of 15.5. With the stocks previous close at 10.73 this would imply there is a potential upside of 44.5%. The day 50 moving average is 11.6 while the 200 day moving average is 11.96. The company has a market capitalisation of $1,207m. Company Website: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,743m based on the market concensus. 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.
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Steelcase sales and earnings come in well ahead of expectations in Q1, and momentum is set to continue in the second quarter. Read more on SCS stock here.
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Steelcase Moves Higher On Pricing Power Steelcase (NYSE:SCS), a maker of office and industrial purpose furniture, has been struggling over the past few years but those times are changing. Postponed demand and a return to in-person operations at many businesses have reinvigorated the company and have it set up to outperform in 2022. The latest […]
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Steelcase Inc. (NYSE:NYSE:SCS) Q1 2023 Earnings Conference Call June 23, 2022 8:30 AM ET Company Participants Michael O''Meara - Director, Investor Relations and Financial Planning and…
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Steelcase shares jumped on Thursday after reporting a lighter-than-expected loss on Wednesday evening.
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Steelcase press release (NYSE:SCS): Q1 Non-GAAP EPS of -$0.05 beats by $0.13.Revenue of $740.7M (+33.1% Y/Y) beats by $49.76M.
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GRAND RAPIDS, Mich, June 22, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $740.7 million, a net loss of $11.4 million, or $0.10 per share, and an adjusted loss per share of $0.05. In the prior year, Steelcase reported revenue of $556.6 million and a net loss of $28.1 million, or $0.24 per share, and had an adjusted loss per share of $0.22.
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Steelcase (SCS) is scheduled to announce Q1 earnings results on Wednesday, June 22nd, after market close.The consensus EPS Estimate is -$0.18 (+25.0% Y/Y) and the consensus Revenue…
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GRAND RAPIDS, Mich., June 16, 2022 (GLOBE NEWSWIRE) -- Today, Steelcase has been recognized by The Civic 50 as one of the fifty most community-minded companies in the United States. Sponsored by Points of Light, the world''s largest organization dedicated to volunteer service, The Civic 50 ranks companies with annual revenues of at least $1B in four areas: investment of resources, integration across business functions, institutionalization through policies and systems and impact measurement. The Civic 50 provides a national standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to impact their communities. Steelcase has extensive involvement in community programs which lead to this recognition — including a mix … Full story available on Benzinga.com
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GRAND RAPIDS, Mich., June 16, 2022 (GLOBE NEWSWIRE) -- Today, Steelcase has been recognized by The Civic 50 as one of the fifty most community-minded companies in the United States. Sponsored by Points of Light, the world’s largest organization dedicated to volunteer service, The Civic 50 ranks companies with annual revenues of at least $1B in four areas: investment of resources, integration
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Steelcase Inc. with ticker code (SCS) have now 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 17 and 14 and has a mean target at 15.5. With the stocks previous close at 12 this would imply there is a potential upside of 29.2%. The 50 day moving average now sits at 11.71 while the 200 day moving average is 12.21. The company has a market capitalisation of $1,344m. You can visit the company''s website by visiting: https://www.steelcase.com [stock_market_widget type="chart" template="basic" color="green" assets="SCS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,736m based on the market concensus. 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.
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Advance Market Analytics published a new research publication on Global Healthcare Furniture Market Insights, to 2026 with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, []
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The report on Global Conference Room Tables Sales Market has been provided by researchers for a detailed understanding of market performance over an estimated period of time set from 2021 to 2026. However, this report has introduced a brief overview to provide the reader with better information on this report. This brief description contains a []
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Global Occasional Furniture Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026 offers a complete research study of the market that includes accurate forecasts and analysis at global, regional, and country levels. It provides a comprehensive view of the global Occasional Furniture market and detailed value chain analysis. The report offers a deep []
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The Wood Table Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps []
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Global Wood Table Market highlights the information about the dominant players industries and market, technologies, and abilities over the trends and the developments of the industries. After deep research and analysis by the experts, they also disclosed the data about the strong contenders contributing in the market growth and expansion and challenging one another in []
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The global Office Storage & Organization Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Office Storage & []
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The latest study released on the Global Modular Furniture Market by AMA Research evaluates market size, trend, and forecast to 2026. The Modular Furniture market study covers significant research data and proofs to be []
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Related Stocks: SCS ,
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On June 23, 2021, Steelcase (NYSE:SCS) announced shareholders
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The ongoing pandemic has changed fundamental patterns in our lives, accelerating existing trends and revealing new unmet needs. Since the onset of COVID, Steelcase has conducted ongoing research to help organizations understand its impact on their people and business.
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Latest released the research study on Global Outdoor Furniture Market, offers a detailed overview of the factors influencing the global business scope. Outdoor Furniture Market research report shows the latest []
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Steelcase, an office furniture company in Michigan, says its research indicates half of global companies plan major redesigns to their office space this year.
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Stocks that traded heavily or had substantial price changes Thursday: Eli Lilly, Steelcase rise; KB Home, H
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Steelcase Inc. (NYSE: SCS) watched its shares fire off the launching pan Thursday, on the release of first-quarter numbers. The company Wednesday reported first quarter revenue of $556.6 million and a net loss of $28.1 million, or $0.24 per share. In the prior year, Steelcase reported revenue of $482.8 million and a net loss of $38.1 million, or $0.33 per share and an adjusted loss of $0.18 per share. Revenue increased 15% in the first quarter compared to the prior year, or 9% on an organic basis. In the prior year, all segments were impacted by government mandates in response to the COVID-19 pandemic which significantly limited the company''s ability to manufacture and fulfill orders. The revenue growth was broad-based across all segments, with 13% growth in the Americas, 24% growth in EMEA and 15% growth in the Other category. On an organic basis, revenue grew 8% in the Americas, 13% in EMEA and 11% in the Other category. Orders (adjusted for the impact of an acquisition and currency translation effects) grew 11% in the first quarter compared to the prior year, and average weekly order levels strengthened over the course of the quarter driven by the Americas.
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