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Steelcase

11.25

+0.03000.27%

Post-market: 11.810.5600+4.98%16:49 EDT

Volume:481.34K

Turnover:5.42M

Market Cap:1.29B

PE:10.81

High:11.34

Open:11.33

Low:11.20

Close:11.22

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Overview Company News Filings

Shell denies deal talks with BP, Micron reports Q3 beat: Morning Buzz

Steelcase Reports Strong Q1 Growth Amid Challenges

Steelcase Shares Fall After Company Says it Doesn't See Intl Improvement

Steelcase falls -6.4%

Stock Track | Steelcase (SCS) Soars 7.34% in Pre-market Following Noble Financial's Buy Rating and $16 Price Target

Stock Track | Steelcase Surges 7.34% Pre-market on Noble Financial's Buy Rating and $16 Price Target

Steelcase (SCS) Gets a Buy from Noble Financial

Furniture Companies See Early Signs of Recovery in U.S. Office Market -- Market Talk

Office-furniture maker Steelcase cut jobs in the first quarter. And more cuts could be coming.

Steelcase 1Q Profit, Sales Rise as Corporate Customers Refresh Offices

Steelcase Reports Strong Start to Fiscal 2026

Stock Track | Steelcase Plunges 5.84% After-Hours on Weak Q2 Earnings Guidance and International Segment Concerns

Steelcase reports Q1 adjusted EPS 20c, consensus 13c

Steelcase sees Q2 adjusted EPS 36c-40c, consensus 41c

Steelcase Inc. Reports Decline in International Revenue, Adjusted Operating Loss Margin Worsens to -2.2%

BRIEF-Steelcase Q1 Adjusted EPS USD 0.2

Steelcase Inc Outlook Q2 Adj EPS $0.36 - $0.40

THOMSON REUTERS

Steelcase Q1 Adjusted EBIT USD 39 Million

THOMSON REUTERS

Calendar of U.S. Earnings Expected in the Week Ahead

Calendar of U.S. Earnings Expected in the Week Ahead

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Meanwhile, the U.S. dollar is under pressure amid the worst first-half performance in 50 years, falling to its lowest since early 2022 amid speculation that President Trump may replace Fed Chair Powell before his term ends and markets pricing in over 60 basis points of rate cuts by year-end.Easily unpack a company's performance  with TipRanks' new KPI Data for smart investment decisions. Receive undervalued, market resilient stocks right to your inbox  with TipRanks' Smart Value Newsletter. Looking to commodities, the price of gold was fractionally lower, continuing a volatile month for the typically “safe-haven” asset. Oil prices are more than 2% higher as the commodity claws back from recent declines amid hostilities in the Middle East.Apple  is considering starting its own theatrical distribution unit amid its major bet on Brad Pitt film “F1,” WSJ reports.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/shell-denies-deal-talks-bp-162115473.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/shell-denies-deal-talks-bp-162115473.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NEXA","SATS","SG9999014575.USD","SHEL","SCS","MKC","AYI","LU1934455277.USD","LU1935043023.USD","IE00BJJMRY28.SGD","WBA","LU0127658192.USD","LU1989773731.SGD","LU2362540622.SGD","FB","INCY","BLK","SERV","RZLV","LU0345770993.USD","PENN","MLKN","KTOS","ASAN","LU1496350171.SGD","SG9999004303.SGD","BK4150","JBLU","MU","LEU","TTD","BK4538","GIS","SG9999001077.SGD","SG9999015358.SGD","LU2463028550.USD","MGM","LU0648001328.SGD","LU0980610538.SGD","BTBT","IE00B19Z9505.USD","MACW.SI","LU0162691827.USD","JEF","BP"],"gpt_icon":1},{"id":"2546680750","title":"Steelcase Reports Strong Q1 Growth Amid Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2546680750","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546680750?lang=en_us&edition=fundamental","pubTime":"2025-06-27 08:01","pubTimestamp":1750982462,"startTime":"0","endTime":"0","summary":"Steelcase (($SCS)) has held its Q1 earnings call. Read on for the main highlights of the call. The recent earnings call for Steelcase revealed a ge...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/steelcase-reports-strong-q1-growth-amid-challenges?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/steelcase-reports-strong-q1-growth-amid-challenges?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4143","SCS"],"gpt_icon":0},{"id":"2546730624","title":"Steelcase Shares Fall After Company Says it Doesn't See Intl Improvement","url":"https://stock-news.laohu8.com/highlight/detail?id=2546730624","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546730624?lang=en_us&edition=fundamental","pubTime":"2025-06-27 00:05","pubTimestamp":1750953900,"startTime":"0","endTime":"0","summary":"Steelcase shares fell as the company said its international outlook for the rest of the year doesn't reflect a lot of improvement as it's experiencing soft order patterns.Shares fell 8.5% early in Thursday's session before recovering to a 1.3% decline at $10.48 around midday. The stock is down about 19% over the past year.\"We took actions and it turned out our actions were successful,\" executives said on a call with analysts Thursday. \"But it turned out the demand environment notched down another degree.\". Meanwhile, domestically, the office-furniture company's growth in large corporate customers was offset by a decline in education and government customers, who were likely impacted by federal-funding policy changes, Chief Executive Sara Armbruster said. The company saw a 1% decline in its organic Americas orders and 1% growth in its international orders.\"In education, changing federal policy is impacting the buying patterns of K-through-12 school districts,\" Armbruster said. \"The expi","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MLKN","SCS","BK4143"],"gpt_icon":0},{"id":"2546731544","title":"Steelcase falls -6.4%","url":"https://stock-news.laohu8.com/highlight/detail?id=2546731544","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546731544?lang=en_us&edition=fundamental","pubTime":"2025-06-26 22:00","pubTimestamp":1750946418,"startTime":"0","endTime":"0","summary":"Steelcase (SCS) is down -6.4%, or -68c to $9.94. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ne...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/steelcase-falls-6-4-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/steelcase-falls-6-4-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SCS","BK4143"],"gpt_icon":0},{"id":"1196456527","title":"Stock Track | Steelcase (SCS) Soars 7.34% in Pre-market Following Noble Financial's Buy Rating and $16 Price Target","url":"https://stock-news.laohu8.com/highlight/detail?id=1196456527","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196456527?lang=en_us&edition=fundamental","pubTime":"2025-06-26 21:12","pubTimestamp":1750943558,"startTime":"0","endTime":"0","summary":"Shares of Steelcase  surged 7.34% in pre-market trading on Thursday, as investors reacted positively to a bullish analyst report. The office furniture manufacturer's stock jumped following Noble Financial's reiteration of a Buy rating and a promising price target.Noble Financial analyst Joe Gomes maintained a Buy rating on Steelcase and set a price target of $16.00. This vote of confidence from a respected financial institution appears to have sparked renewed interest in the stock, driving its p","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SCS"],"gpt_icon":0},{"id":"1166514224","title":"Stock Track | Steelcase Surges 7.34% Pre-market on Noble Financial's Buy Rating and $16 Price Target","url":"https://stock-news.laohu8.com/highlight/detail?id=1166514224","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1166514224?lang=en_us&edition=fundamental","pubTime":"2025-06-26 21:12","pubTimestamp":1750943556,"startTime":"0","endTime":"0","summary":"Steelcase  stock soared 7.34% in pre-market trading on Thursday, following a positive analyst report from Noble Financial. The surge comes as investors react to the maintained Buy rating and an attractive price target set for the office furniture manufacturer.Noble Financial analyst Joe Gomes reaffirmed his bullish stance on Steelcase, maintaining a Buy rating on the stock. Notably, Gomes set a price target of $16.00 for SCS shares, signaling significant upside potential from the stock's previou","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Steelcase Surges 7.34% Pre-market on Noble Financial's Buy Rating and $16 Price Target","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SCS"],"gpt_icon":0},{"id":"2546735212","title":"Steelcase (SCS) Gets a Buy from Noble Financial","url":"https://stock-news.laohu8.com/highlight/detail?id=2546735212","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546735212?lang=en_us&edition=fundamental","pubTime":"2025-06-26 21:05","pubTimestamp":1750943114,"startTime":"0","endTime":"0","summary":"Noble Financial analyst Joe Gomes maintained a Buy rating on Steelcase (SCS – Research Report) today and set a price target of $16.00. The company’...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/steelcase-scs-gets-a-buy-from-noble-financial-blurbs-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/steelcase-scs-gets-a-buy-from-noble-financial-blurbs-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["NBL","BK4143","SCS"],"gpt_icon":0},{"id":"2546215332","title":"Furniture Companies See Early Signs of Recovery in U.S. Office Market -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2546215332","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546215332?lang=en_us&edition=fundamental","pubTime":"2025-06-26 06:26","pubTimestamp":1750890360,"startTime":"0","endTime":"0","summary":"1826 ET - Steelcase and MillerKnoll are seeing green shoots in the U.S. office market after years of pandemic-era stagnation. Steelcase logged 9% higher revenue in the Americas last quarter, led by large corporate customers who are buying more office furniture to redo their workspaces, the company said. MillerKnoll saw sales in its North America contract segment up 13%, partially helped by a pull-forward in demand amid tariff-related price increases. The company expects to continue to return to growth in contract as the office market starts to recover with more companies working in-office and upgrading spaces to attract employees, CEO Andi Owen says on a call with analysts. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4143","SCS","MLKN"],"gpt_icon":0},{"id":"2546229097","title":"Office-furniture maker Steelcase cut jobs in the first quarter. And more cuts could be coming.","url":"https://stock-news.laohu8.com/highlight/detail?id=2546229097","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546229097?lang=en_us&edition=fundamental","pubTime":"2025-06-26 06:09","pubTimestamp":1750889340,"startTime":"0","endTime":"0","summary":"Company cites 'weak macroeconomic factors and lower demand in Germany and France'. Shares of Steelcase Inc. fell after hours on Wednesday, after the office-furniture maker's second-quarter outlook disappointed investors, amid weaker demand from its government customers and in Europe that could bring more cuts after a recent round of layoffs.The results came as corporate demand remains strong, and after company executives this year called out a rebound in the commercial real-estate market and office leases. That market suffered after the pandemic led to a boom in remote work, irritating some workplace managers.However, Steelcase  on Wednesday said demand for furniture had slowed in Germany and France. More broadly, companies that do business with the U.S. government have been bracing for the fallout of aggressive spending cuts. Shares of Steelcase were down 2.5% after hours.Sylvester, in the release, said that the lower costs from the staff reductions were reflected in the full-year tar","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4143","SCS"],"gpt_icon":0},{"id":"2546261822","title":"Steelcase 1Q Profit, Sales Rise as Corporate Customers Refresh Offices","url":"https://stock-news.laohu8.com/highlight/detail?id=2546261822","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546261822?lang=en_us&edition=fundamental","pubTime":"2025-06-26 04:59","pubTimestamp":1750885140,"startTime":"0","endTime":"0","summary":"Steelcase posted higher profit and revenue in its latest quarter, helped by recent job cuts and large corporate customers buying more office furniture to redo their workspaces.The Grand Rapids, Mich., office-furniture company on Wednesday posted profit of $13.6 million, or 11 cents a share, for its fiscal first quarter ended May 30, compared with $10.9 million, or 9 cents a share, in last year's quarter.Adjusted per-share earnings were 20 cents, just ahead of the 14 cents that analysts polled by FactSet expected.Revenue increased 7% to $779 million, with 9% growth in the Americas and a 1% decline in its international business. Analysts were looking for $762.4 million, according to FactSet.The company's growth was led by large corporate customers, which was offset by declines from government and education customers.\"We delivered strong revenue growth, led by our large corporate customers who are investing to reimagine their workplaces,\" Chief Executive Sara Armbruster said.At the end of","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CUBI","SCS"],"gpt_icon":0},{"id":"2546226372","title":"Steelcase Reports Strong Start to Fiscal 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2546226372","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546226372?lang=en_us&edition=fundamental","pubTime":"2025-06-26 04:34","pubTimestamp":1750883664,"startTime":"0","endTime":"0","summary":"Steelcase ( ($SCS) ) just unveiled an announcement. Steelcase reported a strong start to fiscal 2026 with a 7% increase in first-quarter revenue co...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/steelcase-reports-strong-start-to-fiscal-2026?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/steelcase-reports-strong-start-to-fiscal-2026?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SCS","BK4143"],"gpt_icon":0},{"id":"1151574863","title":"Stock Track | Steelcase Plunges 5.84% After-Hours on Weak Q2 Earnings Guidance and International Segment Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1151574863","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1151574863?lang=en_us&edition=fundamental","pubTime":"2025-06-26 04:32","pubTimestamp":1750883567,"startTime":"0","endTime":"0","summary":"Steelcase  shares tumbled 5.84% in after-hours trading on Wednesday following the release of its first-quarter fiscal 2026 results and second-quarter guidance. The office furniture maker's stock decline came despite beating analyst expectations for the first quarter, as investors focused on the company's lower-than-expected earnings outlook for the upcoming quarter.Adding to investor concerns, Steelcase's international segment showed signs of weakness. The company reported a decline in internati","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SCS"],"gpt_icon":0},{"id":"2546149225","title":"Steelcase reports Q1 adjusted EPS 20c, consensus 13c","url":"https://stock-news.laohu8.com/highlight/detail?id=2546149225","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546149225?lang=en_us&edition=fundamental","pubTime":"2025-06-26 04:16","pubTimestamp":1750882583,"startTime":"0","endTime":"0","summary":"Reports Q1 revenue $779M, consensus $759.9M. “Our first quarter results were a great start to the year,” said Sara Armbruster, president and CEO. “...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/steelcase-reports-q1-adjusted-eps-20c-consensus-13c-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/steelcase-reports-q1-adjusted-eps-20c-consensus-13c-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SCS"],"gpt_icon":0},{"id":"2546251782","title":"Steelcase sees Q2 adjusted EPS 36c-40c, consensus 41c","url":"https://stock-news.laohu8.com/highlight/detail?id=2546251782","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546251782?lang=en_us&edition=fundamental","pubTime":"2025-06-26 04:15","pubTimestamp":1750882554,"startTime":"0","endTime":"0","summary":"Sees Q2 revenue $860M-$890M, consensus $878.73M. 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In contrast, the International segment experienced a decline in revenue from $797 million in FY23 to $703 million by FY25 TFQ. The adjusted operating income  margin for the International segment worsened, moving from -0.8% in FY23 to -2.2% in FY25 TFQ. The company has not provided any specific outlook or guidance in the document. The results reflect the company's ongoing challenges and performance variations across different geographic regions. 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