Strong results compared to prior year including: Operating income increased $49 million Adjusted operating income increased $15 million Gross margin improved 130 basis points Total liquidity strengthened by $193 million Americas posted order growth of 3% compared to prior year Third quarter outlook projects 1 to 4% revenue growth compared to prior year Americas 1 % 3 % 3 % International (4 )% (4 )% (11 )% Steelcase Inc. - % 2 % (1 )% Operating income (loss) Adjusted operating income (loss) (Unaudited) (Unau ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation ...

The collections reintroduce and reinterpret the architect's mid-century Usonian designs with fine modern furniture for home and the workplace. GRAND RAPIDS, Mich., Aug. 8, 2024 /PRNewswire/ -- Steelcase (NYSE: SCS), a global design and thought leader in the world of work, and the Frank Lloyd Wright Foundation have launched the Frank Lloyd Wright Rockford and Galesburg Collections by Steelcase. The collections, an expansion of the organizations' collaboration, reintroduce Frank Lloyd Wright's iconic pieces a ...

New York, NY, Aug. 08, 2024 (GLOBE NEWSWIRE) -- A panel of the National Advertising Review Board (NARB), the appellate advertising body of BBB National Programs, recommended that AT&T Services, Inc. discontinue or modify the claim that Supplemental Coverage from Space (SCS) is currently available to AT&T consumers. The advertising at issue had been challenged by T-Mobile US, Inc. before BBB National Programs' National Advertising Division (NAD) as part of NAD's Fast-Track SWIFT expedited challenge process, ...

Have you been paying attention to shares of Steelcase (SCS) ? Shares have been on the move with the stock up 12% over the past month. The stock hit a new 52-week high of $14.74 in the previous session. Steelcase has gained 7.2% since the start of the year compared to the 9.9% move for the Zacks Business Services sector and the 9% return for the Zacks Business - Office Products industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our ea ...

There are several stocks that passed through the screen and Steelcase (SCS) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing. Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements. In addition to SCS, there are several other ...

Steelcase (SCS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. 12 Month EPS Current-Quarter Estimate Revisions The company is expected to earn $0.37 per share for the current quarter, which represents a year-over-year change of +19.35%. The Zacks Consensus Estimate for Steelcase has increased 15.63% over the ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and tradin ...

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. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-a ...

Attendees interested in viewing the live presentation can register for this event, at no cost, here: Virtual Equity Conference Registration. A link to the webcast, along with the supporting presentation materials, will be available at the company's website at ir.steelcase.com and on Channelchek at www.channelchek.com the investor portal created by Noble. Established in 1912, Steelcase is a global design, research and thought leader in the world of work. We help people do their best work by creating places t ...