Press Releases

Press Releases

Date Title and Summary View
Toggle Summary Steelcase Reports Second Quarter Fiscal 2021 Results
Significant cost reductions drove strong EPS of $0.47 despite 18% drop in revenue and $15.6 million of restructuring costs Year-over-year order declines lessened during the quarter, led by Asia Pacific and EMEA Liquidity position remains very strong at $684 million after full repayment of credit
View HTML
Toggle Summary Steelcase Announces Appointment of Linda Williams to Board of Directors
GRAND RAPIDS, Mich., Sept. 22, 2020 (GLOBE NEWSWIRE) -- Steelcase (NYSE: SCS) today announced Linda Williams has been appointed to its Board of Directors. Williams currently serves as the Chief Audit Executive and Vice President of Enterprise Risk Management of Hewlett Packard Enterprise (NYSE:
View HTML
Toggle Summary Steelcase to Webcast Second Quarter Conference Call
GRAND RAPIDS, Mich., Sept. 02, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2021 financial results on Wednesday, September 23, 2020 at 8:30 a.m. ET.  A link to the webcast will be available at http://ir.steelcase.com and a replay of
View HTML
Toggle Summary Steelcase Announces Workforce Reductions and Pay Restoration
GRAND RAPIDS, Mich., Sept. 01, 2020 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announced that it is making permanent cost structure changes in its Americas segment and corporate functions.  The actions include early retirements, voluntary separations and involuntary separations of approximately
View HTML
Toggle Summary Steelcase Announces Carbon Neutrality and Goal to be Carbon Negative by 2030
Carbon reductions targeted across company operations to align with ambitious climate science goals GRAND RAPIDS, Mich., Aug. 25, 2020 (GLOBE NEWSWIRE) -- Today, Steelcase announced it has achieved carbon neutrality for its own operations. The company also announced new 2030 goals that have been
View HTML
Toggle Summary Steelcase Announces Relationship with Italian Furniture Maker Mattiazzi
Alliance offers designers and customers access to the family-owned company’s portfolio of furniture through the reliable Steelcase dealer network GRAND RAPIDS, Mich., July 20, 2020 (GLOBE NEWSWIRE) -- Today Steelcase announces a relationship with Mattiazzi, an Italian furniture brand and
View HTML
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
View HTML
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
View HTML
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.
View HTML
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
View HTML