Steelcase (SCS) Tops Q2 EPS by 11c; Raises Outlook
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Steelcase Reports Second Quarter Fiscal 2024 Results
September 19, 2023 4:05 PM EDTEarnings per share increased 35% compared to the prior year driven by strong improvement in gross marginTotal liquidity strengthened by $115 million during the second quarterOutlook projects full year adjusted EPS of $0.80 to $0.90, significantly above fiscal 2024 target
GRAND RAPIDS, Mich., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $854.6 million, net income of $27.5 million, or $0.23 per share, and adjusted earnings per share of $0.31. In the prior year, Steelcase reported revenue... More
