Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ (Address of principal executive offices) (Zip Code) (616) 247-2710 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 24, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Nu ...

Financial Data and Key Metrics Changes - The company reported third quarter revenue of $778 million, slightly below expectations due to order fulfillment issues in the Americas [22] - Adjusted earnings per share included benefits from a decrease in acquisition earn-out liability and gains from asset sales, contributing approximately $0.10 per share [21] - Gross margin improved by 360 basis points year-over-year, driven by higher pricing benefits and lower operating expenses [8][23] Business Line Data and Key Metrics Changes - The Americas segment showed strong profitability improvement, with orders growing 16% year-over-year, primarily driven by large corporate customers [12][27] - The International segment reported over $9 million in adjusted operating income, a significant turnaround from a nearly $15 million adjusted operating loss in the first half of the year [10] - Orders in the International segment grew 10% year-over-year, with over 40% growth in the Asia Pacific region [11][27] Market Data and Key Metrics Changes - Overall orders grew 15% year-over-year, with a sequential increase of 1% compared to the second quarter [11][27] - In the Americas, order growth was led by large corporate customers, while International orders were bolstered by strong performance in Asia Pacific, particularly in India and Southeast Asia [12][27] - EMEA orders grew modestly, with notable growth in France and Iberia, offset by declines in other markets like the UK [27] Company Strategy and Development Direction - The company is focused on leading workplace transformation and diversifying its customer base while improving profitability [17][30] - Recent product launches emphasize innovation and sustainability, aligning with customer demands for environmentally friendly solutions [15][16] - The company is actively pursuing bolt-on acquisitions to accelerate growth initiatives, although no suitable opportunities have been identified yet [42] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about increasing investment levels as companies settle into a stronger in-office presence [17] - The company anticipates revenue growth to lag behind order growth in fiscal 2025 due to a lower beginning backlog compared to the prior year [30] - Management highlighted the importance of creating engaging office environments to encourage employee presence and productivity [56][75] Other Important Information - Total liquidity strengthened by $110 million during the quarter, with cash generated from operations amounting to $120 million [25][26] - The company expects fourth quarter revenue to range between $765 million and $790 million, approximately flat on an organic basis compared to the prior year [28] Q&A Session Summary Question: Can you help with the backlog math and why next year revenue might trail orders? - Management indicated that a decline in backlog compared to last year will impact revenue growth rates, as a portion of the backlog decline will affect revenue [37] Question: What is driving order strength among large customers? - Management noted that order strength is broad-based across various verticals, with no significant weakness observed in expected areas [41] Question: Can you clarify on the delivery issues that impacted the quarter? - Management confirmed that delivery times have improved year-over-year, although they remained flat compared to the previous quarter [69] Question: How much of the growth is driven by large corporate customers? - Management expects continued momentum from large corporate customers, correlating with a stronger return to the office [70] Question: What are the catalysts for growth in the office furnishings industry? - Management believes that beyond the return to office, there are broader macro-level trends, such as near-shoring and AI growth, that will provide opportunities for the business [75]

4 Sense of belonging 5 Feel shared purpose 6 Connect with leaders 7 Socialize Source: Steelcase Global Research, Late 2022 Our Brand Promise We help people do their best work by creating places that work better. Steelcase serves leading organizations with furnishings and solutions for the many places where work happens — including learning, health and work from home. Our solutions come to life through our community of expert Steelcase dealers, as well as our online Steelcase store and other retail partners. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 25, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-13873 ________________________________________________________ ...

Steelcase Inc. (NYSE:SCS) Q2 2024 Earnings Conference Call September 20, 2023 8:30 AM ET Company Participants Mike O'Meara - IR Sara Armbruster - President and CEO Dave Sylvester - SVP and CFO Conference Call Participants Greg Burns - Sidoti Reuben Garner - Benchmark Budd Bugatch - Water Tower Research Steven Ramsey - Thompson Research Group Budd Bugatch - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 26, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents Commission File Number 1-13873 ___________________________________________________________ ...

Steelcase Inc. (NYSE:SCS) Q1 2024 Earnings Conference Call June 22, 2023 8:30 AM ET Company Participants Mike O'Meara - Investor Relations Sara Armbruster - President and Chief Executive Officer Dave Sylvester - Senior Vice President and Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Reuben Garner - Benchmark Steven Ramsey - Thompson Research Group Budd Bugatch - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today. At this time, ...

We believe the office will continue to be very relevant for innovation, culture and collaboration Efforts to diversify the customers and markets we serve brings additional growth potential Recent price-cost tailwinds expected to continue $3.2B $210M 1.1x 770 12,000 innovative design, sustainability Named a 2022 Most Responsible Company by Newsweek Eight-time perfect score recipient of the Human Rights Campaign's Best Places to Work for LGBTQ Equality Investor Presentation FY2024 First Quarter FY2023 Third Q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 24, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-13873 ____________________________ STEELCASE INC. (Exact name of registrant as specified in its charter) Michigan 38-0819050 (State o ...

Steelcase Inc. (NYSE:SCS) Q4 2023 Earnings Conference Call March 23, 2023 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 Reuben Garner - The Benchmark Company Greg Burns - Sidoti & Company Steven Ramsey - Thompson Research Group Rex Henderson - Water Tower Research Operator Good morning. My na ...