Press Releases

Press Releases

Date Title and Summary View
Toggle Summary Steelcase, IDEO Ally; Kelley Named Steelcase VP
Steelcase, IDEO Ally; Kelley Named Steelcase VP Grand Rapids, MI - January 15, 1996 - "A smarter way to work" is the way CEOs of Steelcase and IDEO Product Development describe their new relationship. Today the leader in the office furniture industry and largest independent product design and
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Toggle Summary Media Advisory - Public Stock Offering
Media Advisory - Public Stock Offering Grand Rapids, MI., February 19, 1998 - Steelcase Inc. went public on the New York Stock Exchange yesterday in a $340.2 million offering by existing shareholders of the company's common stock. The selling shareholders floated 12,150,000 shares, approximately 10
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Toggle Summary Steelcase Inc. Reports Record Sales and Profits for Fiscal Year Ended February 27, 1998
GRAND RAPIDS, MI, March 26, 1998-Steelcase Inc. (NYSE:SCS) today reported record consolidated net sales and record consolidated net income for its fiscal year ended February 27, 1998. This financial announcement is Steelcase's first since becoming a publicly-held company on February 18, 1998.
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Toggle Summary Steelcase Inc. Reports First Quarter Fiscal 1999 Earnings
Grand Rapids, MI., June 16, 1998-Steelcase Inc. (NYSE: SCS) today reported consolidated net income and net sales for its first quarter ended May 29, 1998. Net income for the first quarter of Fiscal 1999 rose 14.4% to $54.0 million, or $0.35 per share, compared with $47.2 million, or $0.30 per
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Toggle Summary Steelcase Inc. Announces Quarterly Dividend, Stock Repurchase Program, New Directors
Steelcase Inc. Announces Quarterly Dividend, Stock Repurchase Program, New Directors Grand Rapids, MI., June 17, 1998—Steelcase Inc. (NYSE: SCS) today announced a quarterly dividend with respect to its first fiscal quarter of $0.10 per share payable July 15, 1998 to shareholders of record as of
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Toggle Summary Steelcase Inc. Reports Second Quarter Fiscal 1999 Earnings of $62.7 Million, or $0.41 Per Share, on Record Sales of $704.0 Million
Cites Impact of Worldwide Financial Volatility and U.S. Merger Activity on Sales; Sees Continued Slow Top Line Growth in Second Half
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Toggle Summary Steelcase Declares Dividend
Steelcase Declares Dividend GRAND RAPIDS, Mich., September 17, 1998 - The Board of Directors of Steelcase Inc. (NYSE: SCS) declared a quarterly cash dividend of $0.10 per common share, payable October 15, 1998 to shareholders of record on October 1, 1998.
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Toggle Summary Steelcase Inc. Plans to Purchase Leading Commercial Wallcovering Company, Announces New Steelcase Surfaces Partnership
Steelcase Inc. Plans to Purchase Leading Commercial Wallcovering Company, Announces New Steelcase Surfaces Partnership Grand Rapids, MI., October 22, 1998-Steelcase Inc. announced today the signing of a letter of intent to purchase the assets of JM Lynne Co., Inc.
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Toggle Summary Steelcase Inc. Expects Lower Sales; Revises Third Quarter and Full Fiscal Year 1999 Outlooks
Steelcase Inc. Expects Lower Sales; Revises Third Quarter and Full Fiscal Year 1999 Outlooks GRAND RAPIDS, Mich., Nov. 16, 1998, Steelcase Inc. (NYSE: SCS) today stated that third-quarter and full-year financial results are not expected to meet analysts' current estimates.
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Toggle Summary Steelcase Inc. and Steelcase Strafor Acquire German Manufacturer Move Strengthens the Companies' European Presence
Steelcase Inc. and Steelcase Strafor Acquire German Manufacturer Move Strengthens the Companies' European Presence GRAND RAPIDS, Mich., December 17, 1998 - Steelcase Inc. (NYSE:SCS) and Steelcase Strafor Facom S.A. (a French company traded on the Bourse de Paris) today announced that their European
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