UPDATE: Steelcase (SCS) Tops Q3 EPS by 5c, Offers Mixed Q4 Guidance
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Steelcase Reports Third Quarter Fiscal 2021 Results
December 17, 2020 4:05 PM ESTRevenue and orders continue to be significantly impacted by COVID-19 pandemicActions to reduce fixed costs and discretionary spending provided significant savings versus the prior yearLiquidity position remains very strong at $652 million
GRAND RAPIDS, Mich., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $617.5 million and net income of $2.1 million, or diluted earnings of $0.02 per share, which included $11.4 million of pre-tax restructuring costs related to previously announced workforce reductions. Excluding those charges, net... More
