Steelcase (SCS) closed the last trading session at $11.46, gaining 0.3% 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 $17 indicates a 48.3% upside potential.The average comprises four 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 39.6% from the current price level, the mo ...

Steelcase (SCS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individual inv ...

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 ...

Investor Presentation FY2025 Fourth Quarter FY2023 Third Quarter Investment Thesis: After several years of significant disruption, we believe modernizing the workplace will become even more important as organizations seek greater productivity, collaboration and innovation. An industry leader in a changing workplace Efforts to expand revenue base Experienced management team and conservative capital policy Our Balance Sheet Provides Stability Through Business Cycles FY2025 Fourth Quarter $0 $500 $1,000 $1,500 ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this office furniture maker would post earnings of $0.23 per share when it actually produced earnings of $0.30, delivering a surprise of 30.43%.Over the last four quarters, the com ...

EXHIBIT 99.1 Steelcase Reports Fourth Quarter and Fiscal 2025 Results Revenue grew 2 percent in the fourth quarter compared to the prior year, with 5 percent growth in the Americas and a 7 percent decline in International. On an organic basis (including adjusting for the impact of an additional week in the current quarter), revenue declined 5 percent, with a 3 percent decline in the Americas and a 10 percent decline in International. The Americas decline was driven by a lower beginning backlog compared to t ...

Core Viewpoint - Steelcase Inc. reported a fourth quarter revenue increase of 2% year-over-year, driven by a 5% growth in the Americas, while facing a 7% decline in international revenue. The company also highlighted strong order growth in the Americas, indicating a positive outlook for future performance [1][2][5]. Financial Performance - Fourth quarter revenue was $788.0 million, net income was $27.6 million, or $0.23 per share, and adjusted earnings per share were $0.26. The results included $21.8 million of favorable tax items, which increased net income by $13.4 million [1][10]. - For fiscal 2025, the company recorded $3.2 billion in revenue, net income of $120.7 million, and adjusted earnings per share of $1.12, reflecting stable performance compared to the previous year [10][11]. Revenue and Orders - Revenue growth in Q4 2025 was 2% compared to Q4 2024, with a 5% increase in the Americas and a 7% decline in international markets. Organic revenue declined by 5% [2][11]. - Orders grew by 9% in Q4, with a 12% increase in the Americas, driven by large corporate and government customers [3][5]. Gross Margin and Operating Income - Gross margin improved by 70 basis points to 31.9% in Q4, attributed to cost reduction initiatives [7][8]. - Operating income for Q4 was $9.5 million, a decrease of $16.2 million compared to the prior year, primarily due to lower international revenue and higher operating expenses [6][8]. Shareholder Returns and Liquidity - The company returned $84 million to shareholders and strengthened total liquidity by $73 million, ending the quarter with $558.3 million in total liquidity [5][13]. - Steelcase repurchased 2.1 million shares for a total cost of $26.5 million, with $79.9 million remaining under its share repurchase authorization [14]. Outlook - The company expects first quarter fiscal 2026 revenue to be between $760 million and $785 million, translating to a growth of 4% to 8% compared to the prior year [15][16]. - Fiscal 2026 targets include mid-single digit organic revenue growth and modest improvement in adjusted operating income margin [17][19].

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. About Steelcase Inc. Esta ...

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. Blazina will report to Sara Armbruster, Steelcase president and CEO, and will join the senior executive team.With over 24 years of experience, Blazina will take on a comprehensive leadership role, serving as general counsel and overseeing all ...

Career and Professional Background - The individual has over a decade of experience in investing and managing accounts, including family and friends' portfolios, with a focus on U.S.-based investments and one Europe-focused account [1] - Founded Middle Coast Investing, an investment advisory firm, in 2023, and is developing a Short Investing Guide [1] - Previously worked at Seeking Alpha from 2012-2020, holding roles such as Director of the Seeking Alpha Marketplace, Podcast coordinator, and co-host of The Razor's Edge [1] - Served as VP of Content at Investing.com from 2021-2023, significantly increasing page views and search reach for unique content, and overseeing an acquisition [1] Media and Content Creation - Founded Shortman Studios in 2020, co-hosting The Razor's Edge, an investing podcast that combines prop trading insights with fundamental research, and A Positive Jam, a music podcast [1] - The Razor's Edge podcast has thousands of global listeners and features interviews with industry leaders, executives, and investors [1] Personal Background - Currently resides in Valencia, Spain, with plans to return to the Lake Michigan coast in Michigan periodically [1] - Has a multicultural background, being the son of Russian Jewish immigrants, and has lived abroad since 2008 [1]