Steelcase Inc. (NYSE: SCS ), the office furniture company with primarily corporate customers, remains with an uncertain growth outlook after stronger Q3 shipments. While the company is trying to position itself into better-growth segments, I believe that Steelcase'sI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced sec ...

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 9. LEASES We have operating leases for corporate offices, sales offices, showrooms, manufacturing and distribution facilities, vehicles and equipment that expire at various dates through 2035. Certain lease agreements include contingent rental payments based on per unit usage over contractual levels (e.g., miles driven or machine hours operated) and others include rental payments adjusted periodically for inflationary indexes. Additionally, ...

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. At this time, I would like to welcome everyone to the Steelcase Third Quarter Fisca ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30.43%. A quarter ago, it was expected that this office furniture maker would post earnings of $0.37 per share when it actually produced earnings of $0.39, delivering a surprise of 5.41%.Over the last four quarters, the c ...

EXHIBIT 99.1 Steelcase Reports Third Quarter Fiscal 2025 Results Strong results compared to prior year including: Revenue growth of 2% driven by 5% growth in the Americas Gross margin improvement of 100 basis points Total liquidity strengthened by $152 million Americas posted order growth of 2% compared to prior year Outlook for fiscal 2025 adjusted earnings per share exceeds company targets GRAND RAPIDS, Mich., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenu ...

Strong results compared to prior year including: Revenue growth of 2% driven by 5% growth in the AmericasGross margin improvement of 100 basis pointsTotal liquidity strengthened by $152 million Americas posted order growth of 2% compared to prior yearOutlook for fiscal 2025 adjusted earnings per share exceeds company targets 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 ...

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.  About Steelcase Inc.  Esta ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Steelcase (SCS) closed the last trading session at $13.01, gaining 0.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $16.67 indicates a 28.1% upside potential.The average comprises three short-term price targets ranging from a low of $16 to a high of $18, with a standard deviation of $1.15. While the lowest estimate indicates an increase of 23% from the current price level, the ...

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. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried- ...