Steelcase Inc. is a global leader in office furniture and workspace solutions, specializing in innovative designs that enhance the way people work, collaborate, and engage within their environments
The company offers a wide range of products, including desks, chairs, and modular systems, with a focus on creating adaptable and sustainable workspaces that foster productivity and well-being. In addition to furniture, Steelcase provides strategic consulting and design services to organizations seeking to transform their work environments. By leveraging research and insights into workplace dynamics, Steelcase aims to provide solutions that address the evolving needs of modern work culture.
Office furniture manufacturer Steelcase (NYSE:SCS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.7% year on year to $788 million. The company expects next quarter’s revenue to be around $772.5 million, coming in 3.7% above analysts’ estimates. Its non-GAAP profit of $0.26 per share was 26.2% above analysts’ consensus estimates.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the office & commercial furniture industry, including HNI (NYSE:HNI) and its peers.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the business services & supplies industry, including RB Global (NYSE:RBA) and its peers.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. Furthermore, the demand for their offerings is rising as more clients outsource non-core functions,
a trend that has enabled the industry to return 6.8% over the past six months.
At the same time, the S&P 500 was up 3.6%.
Thousands of Federal government office workers are called back to the office ending remote work, but these stocks are poised to gain from the extra business.
U.S. stocks look set for a relief rally after the market failed to sustain the upward momentum set in motion by the 50 basis-point cut announced by the Federal Reserve on Wednesday.
Steelcase shares are down after the company reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.
The index futures are slightly higher early Wednesday as traders turn defensive ahead of the all-important Federal Reserve meeting of the year. As is characteristic of a Fed decision day, stocks could mostly move sidewards in a n
Rising earnings estimates are helping to make the case that these highly ranked stocks are indeed cheap with now looking like an ideal time to buy considering their attractive growth trajectories and reasonable valuations.
Steelcase Inc (NYSE: SCS) to report Q1 earnings on Wednesday, with expected EPS of $0.10 and revenue of $729.13 million. Annual dividend yield at 3.23%.
