Steelcase (SCS) Tops Q3 EPS by 7c, Offers Guidance

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Go back to Steelcase (SCS) Tops Q3 EPS by 7c, Offers Guidance

Steelcase Reports Third Quarter Fiscal 2024 Results

December 19, 2023 4:05 PM EST

Orders grew 15% compared to prior year and improved modestly on a sequential basis Gross margin improved 360 basis points compared to prior yearInternational generated operating income of $6.6 millionTotal liquidity strengthened by $110 million during the third quarter

GRAND RAPIDS, Mich., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $777.9 million, net income of $30.8 million, or $0.26 per share, and adjusted earnings per share of $0.30. In the prior year, Steelcase reported revenue of $826.9... More