| Steelcase: Backlog Strength, Office Recovery, Diversification Efforts, And Low Valuation |
Steelcase Inc. has strong growth potential driven by improving order trends, a robust backlog, and diversification into healthcare, education, and SMB markets. Despite near-term margin headwinds from tariffs and ERP system implementation, cost reduction initiatives and pricing increases should support future margin expansion. The stock trades at a significant discount to its historical average, offering a compelling buy opportunity given its growth prospects and healthy dividend yield. |
seekingalpha.com |
2025-04-28 20:38:24 |
Czytaj oryginał (ang.) |
| Best Office Chairs (2025): Steelcase Gesture Awarded Best Office Chair by Expert Consumers |
Steelcase Gesture chair recognized for ergonomic innovation, supporting evolving workplace needs amidst growing demand for adaptable seating solutions Steelcase Gesture chair recognized for ergonomic innovation, supporting evolving workplace needs amidst growing demand for adaptable seating solutions |
globenewswire.com |
2025-04-18 05:05:00 |
Czytaj oryginał (ang.) |
| Furniture Retailers' Supply-Chain Moves Fail to Dodge New Tariffs |
Furniture-retailer stocks are sliding as investors worry that years of efforts by the industry to avoid tariffs will now be in vain as it looks to be among those hardest hit by President Trump's latest set of levies. |
wsj.com |
2025-04-03 21:04:00 |
Czytaj oryginał (ang.) |
| Wall Street Analysts Believe Steelcase (SCS) Could Rally 48.34%: Here's is How to Trade |
The consensus price target hints at a 48.3% upside potential for Steelcase (SCS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. |
zacks.com |
2025-04-03 14:55:38 |
Czytaj oryginał (ang.) |
| 3 Top-Ranked Efficient Stocks for Solid Gains Amid Volatility |
Invest in stocks of ERJ, SCS and AXTA to tap their high-efficiency levels. |
zacks.com |
2025-04-02 13:10:48 |
Czytaj oryginał (ang.) |
| Steelcase (SCS) Upgraded to Buy: What Does It Mean for the Stock? |
Steelcase (SCS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). |
zacks.com |
2025-03-31 17:00:39 |
Czytaj oryginał (ang.) |
| Are Investors Undervaluing Steelcase (SCS) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-03-31 14:41:15 |
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| Steelcase Inc. (SCS) Q4 2025 Earnings Call Transcript |
Steelcase Inc. (NYSE:SCS ) Q4 2025 Earnings Conference Call March 27, 2025 8:30 AM ET Company Participants Mike O'Meara - Director, Investor Relations and Financial Planning and Analysis Sara Armbruster - President and Chief Executive Officer David Sylvester - Senior Vice President and Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company Joseph Gomes - Noble Capital Markets Steven Ramsey - Thompson Research Group Reuben Garner - The Benchmark Company Operator Good morning. My name is Rob and I will be your conference operator today. |
seekingalpha.com |
2025-03-27 12:32:48 |
Czytaj oryginał (ang.) |
| Stocks to Watch: H.B. Fuller, Concentrix, Steelcase, Petco Health & Wellness |
H.B. Fuller's profit and sales fell in its fiscal first quarter, but results topped Wall Street's estimates. The adhesives manufacturer logged adjusted earnings of 54 cents on revenue of $788.7 million, ahead of analyst expectations for adjusted earnings of 49 cents on revenue of 769 million, according to FactSet. |
marketwatch.com |
2025-03-26 21:46:00 |
Czytaj oryginał (ang.) |
| Steelcase (SCS) Tops Q4 Earnings and Revenue Estimates |
Steelcase (SCS) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.23 per share a year ago. |
zacks.com |
2025-03-26 20:20:26 |
Czytaj oryginał (ang.) |
| Steelcase Reports Fourth Quarter and Fiscal 2025 Results |
GRAND RAPIDS, Mich., March 26, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $788.0 million, net income of $27.6 million, or $0.23 per share, and adjusted earnings per share of $0.26. The results included $21.8 million of favorable tax items which increased net income by $13.4 million (net of related variable compensation expense), or $0.11 per share. In the prior year, Steelcase reported revenue of $775.2 million, net income of $21.3 million, or $0.18 per share, and adjusted earnings per share of $0.23. |
globenewswire.com |
2025-03-26 18:05:00 |
Czytaj oryginał (ang.) |
| How To Earn $500 A Month From Steelcase Stock Ahead Of Q4 Earnings |
Steelcase Inc. SCS will release its fourth-quarter financial results after the closing bell on Wednesday, March 26. |
benzinga.com |
2025-03-26 10:28:28 |
Czytaj oryginał (ang.) |
| Steelcase to Webcast Fourth Quarter and Fiscal 2024 Conference Call |
GRAND RAPIDS, Mich., March 06, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2025 financial results on Thursday, March 27, 2025 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, March 26, 2025, after the market closes. |
globenewswire.com |
2025-03-06 13:00:00 |
Czytaj oryginał (ang.) |
| Steelcase Announces New Chief Legal Officer and Secretary |
GRAND RAPIDS, Mich. , Feb. 19, 2025 /PRNewswire/ -- Steelcase (NYSE: SCS), a global design, research and thought leader in the world of work, announced today Megan Blazina has been appointed as vice president, chief legal officer and secretary, effective March 17, 2025. |
prnewswire.com |
2025-02-19 10:15:00 |
Czytaj oryginał (ang.) |
| 3 Stocks to Gain From Trump's Return-to-Office Mandate |
On day one as the 47th President of the United States, Donald Trump signed an executive order mandating all federal employees to return to the office for work “as soon as practicable.” Administration officials released more directives aimed at ending remote work. |
marketbeat.com |
2025-02-02 09:16:08 |
Czytaj oryginał (ang.) |
| Steelcase: Boring Value For A Hot Market |
The return to office and revenue growth in office furniture has yet to really play out. Steelcase has improved margins and its balance sheet considerably anyway, appears to be taking market share, and its stock is cheap. Should a return to growth materialize, the stock will do very well. |
seekingalpha.com |
2025-01-27 23:19:33 |
Czytaj oryginał (ang.) |
| Steelcase: Trying To Position Away From Corporate Offices |
Steelcase reported stronger growth in Q3 due to stronger shipment timings, but expects to return back to weak organic growth in Q4. The company is trying to diversify its customer base away from corporate customers, as remote work seems to have taken share of Steelcase's market. SCS stock is priced with a fair margin of safety even with expectations of mediocre earnings growth. |
seekingalpha.com |
2024-12-29 00:50:00 |
Czytaj oryginał (ang.) |
| Steelcase Inc. (SCS) Q3 2025 Earnings Call Transcript |
Steelcase Inc. (NYSE:SCS ) Q3 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Mike O'Meara - IR Sara Armbruster - President & CEO David Sylvester - SVP & CFO Conference Call Participants Reuben Garner - Benchmark Steven Ramsey - Thompson Research Group Gregory Burns - Sidoti Joseph Gomes - NOBLE Capital Markets Operator Good morning. My name is Rob, and I will be your conference operator today. |
seekingalpha.com |
2024-12-19 14:40:29 |
Czytaj oryginał (ang.) |
| Steelcase (SCS) Q3 Earnings and Revenues Surpass Estimates |
Steelcase (SCS) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.30 per share a year ago. |
zacks.com |
2024-12-18 20:16:30 |
Czytaj oryginał (ang.) |
| Steelcase Reports Third Quarter Fiscal 2025 Results |
GRAND RAPIDS, Mich., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $794.9 million, net income of $19.1 million, or $0.16 per share, and adjusted earnings per share of $0.30. In the prior year, Steelcase reported revenue of $777.9 million and net income of $30.8 million, or $0.26 per share, and had adjusted earnings per share of $0.29. |
globenewswire.com |
2024-12-18 18:05:00 |
Czytaj oryginał (ang.) |
| Steelcase to Webcast Third Quarter Fiscal 2025 Conference Call |
GRAND RAPIDS, Mich., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2025 financial results on Thursday, December 19, 2024 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, December 18, 2024, after the market closes. |
globenewswire.com |
2024-11-27 13:00:00 |
Czytaj oryginał (ang.) |
| SCS Technologies Saves Time, Reduces Carbon Footprint Using Microsoft RealWear Navigator Z1 for Factory Acceptable Tests |
HOUSTON--(BUSINESS WIRE)-- #CleanEnergy--SCS Technologies (SCS), a leading provider of CO2 measurement systems, methane vapor recovery units and petroleum LACT units, today announced the adoption of Microsoft RealWear Navigator Z1 for its Factory Acceptable Tests (FATs). Watch a demonstration of a virtual FAT inspection on the SCS Technologies YouTube Channel. As an early adopter of Microsoft's industrial wearable technology, SCS can now conduct FATs remotely, increasing productivity while saving the valuable. |
businesswire.com |
2024-11-18 11:00:00 |
Czytaj oryginał (ang.) |
| Is Steelcase (SCS) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-10-31 12:45:33 |
Czytaj oryginał (ang.) |
| Does Steelcase (SCS) Have the Potential to Rally 28.13% as Wall Street Analysts Expect? |
The average of price targets set by Wall Street analysts indicates a potential upside of 28.1% in Steelcase (SCS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. |
zacks.com |
2024-10-21 14:55:16 |
Czytaj oryginał (ang.) |
| Is Steelcase (SCS) a Great Value Stock Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-10-15 14:45:49 |
Czytaj oryginał (ang.) |
| 4 Solid Net Profit Margin Stocks Worth Buying to Boost Returns |
Here, we present four stocks ??? ESEA, QFIN, RCMT and SCS? |
zacks.com |
2024-10-09 14:29:14 |
Czytaj oryginał (ang.) |
| Ryder Systems: Riding The Long-Term Value Chain For Shareholders |
Ryder's share price is poised for growth, driven by the expanding service segments, particularly Supply Chain Solutions (SCS) and Dedicated Transportation Solutions (DTS). The service revenue segment is growing rapidly, now accounting for 66% of second-quarter revenue, with SCS and DTS projected to reach 60% of total revenue soon. Strategic acquisitions and technological advancements, such as Whiplash and RyderShare, enhance Ryder's capabilities in e-commerce and supply chain management, positioning it well for future growth. |
seekingalpha.com |
2024-09-29 14:22:32 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Steelcase (SCS) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-09-26 14:46:16 |
Czytaj oryginał (ang.) |
| 5 Low-Leverage Stocks to Buy Following Fed Interest Rate Cut |
The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You can buy INGR, SCS, HG, ACGL and LMB. |
zacks.com |
2024-09-24 14:31:21 |
Czytaj oryginał (ang.) |
| Steelcase 2024 Impact Report Spotlights New Net-Zero Commitment, Building Community and Belonging |
"Our Work Toward Better Futures" Impact Report outlines goals and progress that demonstrate the organization's commitment to improving the wellbeing of people and the planet. GRAND RAPIDS, Mich. |
prnewswire.com |
2024-09-23 13:00:00 |
Czytaj oryginał (ang.) |
| Steelcase: A Value Play, Especially After Its Recent Dip |
Steelcase Inc.'s stock dropped 5.7% despite higher-than-expected earnings, due to revenue falling short and weak third-quarter guidance. Despite mixed financial results, Steelcase shares remain cheap on an absolute basis and relative to some peers, justifying a continued “buy” rating. Management expects modest revenue growth but lower earnings per share for the third quarter, yet remains optimistic about annual adjusted earnings. |
seekingalpha.com |
2024-09-19 21:12:52 |
Czytaj oryginał (ang.) |
| Remote and Hybrid Work Are Still Popular. Just Ask This Furniture Maker |
Sure, Amazon.com (AMZN) wants its workers back in the office all week—but based on the latest forecast from Steelcase (SCS), the outlook for offices still is't great. |
investopedia.com |
2024-09-19 16:25:57 |
Czytaj oryginał (ang.) |
| Steelcase Inc. (SCS) Q2 2025 Earnings Call Transcript |
Steelcase Inc. (NYSE:SCS ) Q2 2025 Results Conference Call September 19, 2024 8:30 AM ET Company Participants Mike O'Meara - Investor Relations Sara Armbruster - President & Chief Executive Officer Dave Sylvester - Senior Vice President & Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Steven Ramsey - Thompson Research Group Reuben Garner - Benchmark Brian Gordon - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today. |
seekingalpha.com |
2024-09-19 15:03:07 |
Czytaj oryginał (ang.) |
| Steelcase Reports Weak Sales, Joins American Healthcare REIT And Other Big Stocks Moving Lower In Thursday's Pre-Market Session |
U.S. stock futures were higher this morning, with the Dow futures gaining over 1% on Thursday. |
benzinga.com |
2024-09-19 12:24:21 |
Czytaj oryginał (ang.) |
| Steelcase (SCS) Q2 Earnings Surpass Estimates |
Steelcase (SCS) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.31 per share a year ago. |
zacks.com |
2024-09-18 22:21:03 |
Czytaj oryginał (ang.) |
| Steelcase says big corporate customers are ordering less office furniture |
Shares of Steelcase Inc. fell after hours on Wednesday after the office-furniture maker's third-quarter sales outlook came up short of Wall Street's estimates, amid weaker demand from big corporate customers and from China. |
marketwatch.com |
2024-09-18 21:20:00 |
Czytaj oryginał (ang.) |