Press Releases

Press Releases

Date Title and Summary View
Toggle Summary Steelcase Recognized as One of the 50 Most Community-Minded Companies in the United States
GRAND RAPIDS, Mich., July 08, 2020 (GLOBE NEWSWIRE) -- Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as
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Toggle Summary Steelcase Reports First Quarter Fiscal 2021 Results
Revenue and orders declined significantly as a result of government restrictions and economic uncertainty associated with the global pandemic Cost reduction actions and discretionary spending controls reduced operating loss by approximately $70 million Quarter-end backlog totaled $751 million; most
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Toggle Summary Steelcase Teams Up With MIT Researchers To Help Create Safer Workplaces
Bourouiba Research Group will work with Steelcase to understand how the workplace can help mitigate disease transmission GRAND RAPIDS, Mich., June 29, 2020 (GLOBE NEWSWIRE) -- Steelcase today announces its collaboration with MIT professor and disease transmission specialist Dr.
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Toggle Summary Steelcase to Webcast First Quarter Conference Call
Annual Meeting of Shareholders Announced GRAND RAPIDS, Mich., June 10, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2021 financial results on Wednesday, July 1, 2020 at 8:30 a.m. ET.  A link to the webcast will be available at
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Toggle Summary Steelcase Inc. to Participate in Virtual Investor Conferences
GRAND RAPIDS, Mich., June 01, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announces that David Sylvester, Senior Vice President, Chief Financial Officer, and Michael O’Meara, Director, Investor Relations and Financial Planning and Analysis, will be participating in the Benchmark Company
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Toggle Summary Steelcase Provides Update on Status of Operations, Selected Financial Metrics and Liquidity
Manufacturing capacity ramping up to fulfill significant backlog of customer orders Temporary reductions to pay and hours for salaried employees partially eased Recent order patterns reflect significant declines compared to the prior year Liquidity remains very strong at approximately $774 million
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Toggle Summary Steelcase Combats COVID-19 Global Pandemic; Commits to Supply Critical Medical PPE Equipment Needs
Steelcase joins a collaborative effort to rapidly design, manufacture and deploy healthcare resources at scale; urges others to join the effort GRAND RAPIDS, Mich., March 27, 2020 (GLOBE NEWSWIRE) -- Steelcase today announced it has already started and continues to manufacture and deploy critical
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Toggle Summary Steelcase Reports on Fourth Quarter and Fiscal 2020 Results and Actions to Maximize Liquidity and Conserve Capital
Fourth quarter results reflect strong performance Revenue grew 4% to $946.2 million EPS improved 189% to $0.55; adjusted EPS improved 34% to $0.39 EMEA posts $8.3 million of operating income and 4.5% operating margin Year-end liquidity topped $700 million; additional $250 million borrowed under new
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Toggle Summary Steelcase to Webcast Fourth Quarter Conference Call
GRAND RAPIDS, Mich., March 04, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2020 financial results on Wednesday, March 25, 2020 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of
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Toggle Summary Steelcase Sells PolyVision to Industrial Opportunity Partners
GRAND RAPIDS, Mich., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today announced it has sold all of the issued and outstanding capital stock of PolyVision Corporation to an affiliate of Industrial Opportunity Partners. PolyVision is a U.S.
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