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Steelcase(SCS) - 2025 Q1 - Earnings Call Presentation
2024-06-20 13:43
• Drive value through business transformation Products We are reducing carbon emissions embodied in our products by choosing and using materials responsibly and designing for circularity. Transportation Steelcase sources of carbon emissions mix (Fiscal 2020) Capital Expenditures and Research & Development ($ Millions) Dividends and Share Repurchases ($ Millions) orangebox These forward-looking statements discuss goals, intentions and expectations as to future trends, plans, events, results of operations or ...
Steelcase (SCS) Tops Q1 Earnings Estimates
ZACKS· 2024-06-20 12:45
Steelcase (SCS) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this office furniture maker would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%. Over the last four quarters, the com ...
Steelcase Reports First Quarter Fiscal 2025 Results
Newsfilter· 2024-06-20 10:30
Revenue decline and order growth compared to the prior year were as follows: Orders (adjusted for the impact of a divestiture and currency translation effects) grew 8 percent in the first quarter compared to the prior year, including 10 percent growth in the Americas and 2 percent growth in International. The order growth in the Americas was primarily driven by project business with large corporate customers and our education business. The order growth in International was driven by 4 percent growth in EMEA ...
Steelcase(SCS) - 2025 Q1 - Quarterly Results
2024-06-20 10:30
EXHIBIT 99.1 Steelcase Reports First Quarter Fiscal 2025 Results GRAND RAPIDS, Mich., June 20, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $727.3 million, net income of $10.9 million, or $0.09 per share, and adjusted earnings per share of $0.16. In the prior year, Steelcase reported revenue of $751.9 million, net income of $1.5 million, or $0.01 per share, and adjusted earnings per share of $0.09. Revenue decline and order growth compared to the prior year wer ...
Steelcase Reports First Quarter Fiscal 2025 Results
GlobeNewswire News Room· 2024-06-20 10:30
| --- | --- | --- | --- | --- | --- | |----------------|------------------|-----------------------------------------------|-------|-------|----------------------| | | Revenue Decline | Q1 2025 vs. Q1 2024 \nOrganic Revenue Decline | | | Organic Order Growth | | Americas | (3 | )% (1 | )% | 10 | % | | International | (3 | )% (2 | )% | 2 | % | | Steelcase Inc. | (3 | )% (1 | )% | 8 | % | "We are pleased with our first quarter results, which reflected higher than expected adjusted earnings improvement and 10% ...
Steelcase to Webcast First Quarter Fiscal 2025 Conference Call - Update
Newsfilter· 2024-06-17 15:30
GRAND RAPIDS, Mich., June 17, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2025 financial results on Thursday, June 20, 2024 at 8:30 a.m. ET. A link to the webcast will be available at https://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 before the market opens on June 20, 2024, which is a change from the previously announced da ...
Steelcase to Webcast First Quarter Fiscal 2025 Conference Call - Update
GlobeNewswire News Room· 2024-06-17 15:30
GRAND RAPIDS, Mich., June 17, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2025 financial results on Thursday, June 20, 2024 at 8:30 a.m. ET. A link to the webcast will be available at https://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 before the market opens on June 20, 2024, which is a change from the previously announced da ...
How To Earn $500 A Month From Steelcase Stock Ahead Of Q1 Earnings Report
Benzinga· 2024-06-17 12:31
Loading... For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). Check This Out: How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro Loading... Steelcase Inc. SCS is set to release earnings results for its first quarter, after the closing be ...
Steelcase Commits to a Net-Zero Future by 2050
Prnewswire· 2024-06-10 13:00
This commitment builds on the organization's science-based targets set in 2019 to cut emissions in half in its own operations by 2030. The Science-Based Targets initiative, the leading authority guiding businesses on how much and how quickly they need to cut carbon emissions to reduce the impacts of climate change, validated the company's near-term and new net-zero targets. The company's long history of a commitment to designing better futures for the wellbeing of people and the planet is demonstrated throu ...
Steelcase to Webcast First Quarter Fiscal 2025 Conference Call
Newsfilter· 2024-05-30 15:00
GRAND RAPIDS, Mich., May 30, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2025 financial results on Thursday, June 20, 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, June 19, 2024, after the market closes. Steelcase Inc. will hold its Annual ...