Steelcase downgraded by The Benchmark Company
$SCS
Office Equipment/Supplies/Services
Consumer Discretionary
The Benchmark Company downgraded Steelcase from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/9/2024 | Outperform | Noble Capital Markets | |
| 11/30/2022 | Buy → Hold | The Benchmark Company | |
| 10/4/2022 | $11.00 | Neutral → Buy | Sidoti |
| 9/15/2022 | $12.00 | Buy → Neutral | Sidoti |
4 - STEELCASE INC (0001050825) (Issuer)
4 - STEELCASE INC (0001050825) (Issuer)
4 - STEELCASE INC (0001050825) (Issuer)
10-K - STEELCASE INC (0001050825) (Filer)
8-K - STEELCASE INC (0001050825) (Filer)
144 - STEELCASE INC (0001050825) (Subject)
GRAND RAPIDS, Mich., Feb. 19, 2025 /PRNewswire/ -- Steelcase (NYSE:SCS), a global design, research and thought leader in the world of work, announced today Megan Blazina has been appointed as vice president, chief legal officer and secretary, effective March 17, 2025. Blazina will report to Sara Armbruster, Steelcase president and CEO, and will join the senior executive team. With over 24 years of experience, Blazina will take on a comprehensive leadership role, serving as general counsel and overseeing all legal services. Additionally, she will lead several other departments,
Leaders in hybrid collaboration and technology create more realistic virtual connections for better meetings in the office. GRAND RAPIDS, MIich., June 11, 2024 /PRNewswire/ -- Steelcase, a global design, research and thought leader in the world of work, and Logitech, a multinational software-enabled hardware solutions provider, today introduce Ocular™ View – an extended reality experience that immerses people in virtual conversations that make them feel like they're sitting across from one another even when they're miles apart. Ocular View is designed to enhance individual connections by integrating Steelcase hybrid collaboration insights and design with Logitech's video collaboration tech
GRAND RAPIDS, Mich., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Steelcase (NYSE:SCS) announced today Sanjay Gupta has been appointed to its board of directors. Gupta is a digital marketing and business leader who is currently serving as the chief marketing officer and chief digital officer at Guaranteed Rate, a leader in mortgage lending and digital financial services. The Steelcase board continuously evaluates its composition to ensure the board of directors encompasses the requisite and complementary knowledge, expertise, skills and diversity. "We are incredibly pleased to welcome Sanjay to our board of directors," said Rob Pew, chair of the Steelcase board of directors. "Sanjay is a successful
SC 13G/A - STEELCASE INC (0001050825) (Subject)
SC 13G/A - STEELCASE INC (0001050825) (Subject)
SC 13G/A - STEELCASE INC (0001050825) (Subject)
Fourth quarter results compared to prior year: Orders grew 9%, driven by 12% broad-based growth in the AmericasGross margin improved 70 basis points Fiscal 2025 results: Orders grew 4%, driven by 6% growth in the Americas compared to prior yearGross margin improved 110 basis points compared to prior year, including benefits from cost reduction initiativesOperating income margin reached 5.0%, an improvement of 130 basis points compared to the prior yearAdjusted earnings per share exceeded company targetsReturned $84 million to shareholdersTotal liquidity strengthened by $73 million Company provides financial targets for fiscal 2026 of mid-single digit organic revenue growth and modest adjuste
GRAND RAPIDS, Mich., March 06, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) will webcast a discussion of its fourth quarter and fiscal year 2025 financial results on Thursday, March 27, 2025 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, March 26, 2025, after the market closes. About Steelcase Inc. Established in 1912, Steelcase is a global design, research and thought leader in the world of work. We help people do their best work by creating places that work better. Along with more t
Strong results compared to prior year including: Revenue growth of 2% driven by 5% growth in the AmericasGross margin improvement of 100 basis pointsTotal liquidity strengthened by $152 million Americas posted order growth of 2% compared to prior yearOutlook for fiscal 2025 adjusted earnings per share exceeds company targets GRAND RAPIDS, Mich., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported third quarter revenue of $794.9 million, net income of $19.1 million, or $0.16 per share, and adjusted earnings per share of $0.30. In the prior year, Steelcase reported revenue of $777.9 million and net income of $30.8 million, or $0.26 per share, and had adjusted earnings
Noble Capital Markets initiated coverage of Steelcase with a rating of Outperform
The Benchmark Company downgraded Steelcase from Buy to Hold
Sidoti upgraded Steelcase from Neutral to Buy and set a new price target of $11.00
Fourth quarter results compared to prior year: Orders grew 9%, driven by 12% broad-based growth in the AmericasGross margin improved 70 basis points Fiscal 2025 results: Orders grew 4%, driven by 6% growth in the Americas compared to prior yearGross margin improved 110 basis points compared to prior year, including benefits from cost reduction initiativesOperating income margin reached 5.0%, an improvement of 130 basis points compared to the prior yearAdjusted earnings per share exceeded company targetsReturned $84 million to shareholdersTotal liquidity strengthened by $73 million Company provides financial targets for fiscal 2026 of mid-single digit organic revenue growth and modest adjuste
GRAND RAPIDS, Mich., March 06, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) will webcast a discussion of its fourth quarter and fiscal year 2025 financial results on Thursday, March 27, 2025 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, March 26, 2025, after the market closes. About Steelcase Inc. Established in 1912, Steelcase is a global design, research and thought leader in the world of work. We help people do their best work by creating places that work better. Along with more t
GRAND RAPIDS, Mich., Feb. 19, 2025 /PRNewswire/ -- Steelcase (NYSE:SCS), a global design, research and thought leader in the world of work, announced today Megan Blazina has been appointed as vice president, chief legal officer and secretary, effective March 17, 2025. Blazina will report to Sara Armbruster, Steelcase president and CEO, and will join the senior executive team. With over 24 years of experience, Blazina will take on a comprehensive leadership role, serving as general counsel and overseeing all legal services. Additionally, she will lead several other departments,