Steelcase (SCS) Tops Q1 EPS by 13c

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Steelcase Reports First Quarter Fiscal 2023 Results

June 22, 2022 4:05 PM EDT

Strong growth in revenue and orders included broad-based strength in Americas and EMEA segmentsSignificant inflation continued to impact results, driving additional pricing actionsAcquisition of Halcon supports growth strategies with uncompromising design and master craftsmanship Second quarter outlook anticipates seasonal revenue improvement with increased inflationary pressures and continued supply chain challenges

GRAND RAPIDS, Mich, June 22, 2022 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $740.7 million, a net loss of $11.4 million, or... More