Earnings and Related Releases
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Steelcase Reports Fourth Quarter Results
Mar 27, 2013
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GRAND RAPIDS, Mich., March 27, 2013 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported fourth quarter revenue of $721.4 million and a net loss of $27.5 million, or $0.22 per share, including restructuring costs of approximately $0.10 per share. Current quarter results included goodwill impairment charges, tax valuation allowance adjustmen...
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Steelcase Reports Third Quarter Results
Dec 19, 2012
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GRAND RAPIDS, Mich., Dec. 19, 2012 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported third quarter revenue of $727.2 million and net income of $23.6 million, or $0.19 per share. Excluding restructuring costs, adjusted earnings were $0.22 per share. Revenue and earnings per share were in-line with company estimates. Steelcase reported $71...
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Steelcase Reports Second Quarter Results
Sep 19, 2012
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GRAND RAPIDS, Mich., Sept. 19, 2012 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported second quarter revenue of $744.9 million and net income of $29.5 million, or $0.23 per share. Excluding restructuring costs, adjusted earnings were $0.25 per share. Revenue and earnings per share were ahead of company estimates. Steelcase reported $700....
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Steelcase Reports First Quarter Results
Jun 20, 2012
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GRAND RAPIDS, Mich., June 20, 2012 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported first quarter revenue of $675.2 million and net income of $13.2 million, or $0.10 per share. Excluding restructuring costs, adjusted earnings were $0.13 per share. Revenue and earnings per share were within company estimates. Steelcase reported $639.4 mi...
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Steelcase Reports Fourth Quarter Results and Increases Quarterly Dividend by 50% to $0.09
Mar 22, 2012
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GRAND RAPIDS, Mich., March 22, 2012 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported fourth quarter revenue of $690.2 million and net income of $14.9 million, or $0.11 per share. Excluding restructuring costs, adjusted earnings were $0.14 per share. Revenue and earnings per share were within company estimates. Steelcase reported $622.9 ...
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Steelcase Reports Third Quarter Results
Dec 21, 2011
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GRAND RAPIDS, Mich., Dec. 21, 2011 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported third quarter revenue of $719.4 million and net income of $22.4 million, or $0.17 per share. Excluding restructuring costs, adjusted earnings were $0.19 per share. Revenue was ahead of company estimates; earnings per share were in line with expectations ...
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Steelcase Reports Second Quarter Results -- Results Include Strong Revenue Growth in Americas
Sep 21, 2011
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GRAND RAPIDS, Mich., Sept. 21, 2011 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported second quarter revenue of $700.5 million and net income of $11.9 million, or $0.09 per share. Excluding restructuring costs, adjusted earnings equaled $0.15 per share. Revenue was ahead of company estimates, but earnings per share were negatively impact...
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Steelcase Reports Revenue and Earnings Significantly Above Expectations
Jun 22, 2011
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GRAND RAPIDS, Mich., June 22, 2011 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported first quarter revenue of $639.4 million and net income of $7.5 million, or $0.06 per share, both above company estimates. Excluding restructuring costs, adjusted earnings equaled $0.10 per share. Steelcase reported $541.8 million of revenue and a net los...
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Steelcase Reports Strong Revenue and Earnings Growth in Fourth Quarter
Mar 23, 2011
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GRAND RAPIDS, Mich., March 23, 2011 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported fourth quarter revenue of $622.9 million and net income of $10.4 million, or $0.08 per share. Excluding net restructuring costs, adjusted earnings equaled $0.11 per share. Steelcase reported $551.9 million of revenue and a net loss of $(0.10) per share ...
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Steelcase Reports Third Quarter Results - Revenue and Earnings Exceed Expectations
Dec 16, 2010
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GRAND RAPIDS, Mich., Dec. 16, 2010 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported third quarter revenue of $672.6 million and net income of $18.3 million, or $0.14 per share, both ahead of company estimates. Excluding restructuring costs, adjusted earnings equaled $0.18 per share. Steelcase reported $616.1 million of revenue and break...
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CORRECTION -- Steelcase Reports Second Quarter Results -- Revenue and Earnings Exceed Expectations
Sep 23, 2010
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GRAND RAPIDS, Mich., Sept. 23, 2010 (GLOBE NEWSWIRE) -- In a release distributed on September 22, 2010, by Steelcase (NYSE:SCS), please note that certain line items in the table "Year Over Year Organic Growth, Q2 YTD 2011 vs. Q2 YTD 2010" were incorrectly labeled. There are no changes to any of the numbers in the table. The corrected table follows...
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Steelcase Reports Second Quarter Results -- Revenue and Earnings Exceed Expectations
Sep 22, 2010
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GRAND RAPIDS, Mich., Sept. 22, 2010 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported second quarter revenue of $599.8 million and net income of $2.8 million, or $0.02 per share, both ahead of company estimates. Excluding restructuring costs, adjusted earnings equaled $0.08 per share. Steelcase reported $578.1 million of revenue and bre...
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Steelcase Reports First Quarter Results
Jun 21, 2010
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GRAND RAPIDS, Mich., June 21, 2010 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported a first quarter net loss of $(11.1) million, or $(0.08) per share, including an $(11.4) million charge resulting from the recently enacted healthcare reform legislation specifically related to the Medicare Part D Subsidy. Steelcase reported break-even n...
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Steelcase Reports Fourth Quarter Results
Mar 23, 2010
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GRAND RAPIDS, Mich., March 23, 2010 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported a net loss of $(13.6) million, or $(0.10) per share, which was lower than company estimates communicated last quarter primarily due to increases in tax valuation allowances, lower than expected revenue and additional restructuring activities. Steelcase...
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Steelcase Reports Third Quarter Fiscal 2010 Results
Dec 17, 2009
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GRAND RAPIDS, Mich., Dec. 17, 2009 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE:SCS) today reported break-even net income for the third quarter of fiscal 2010, in line with estimates the company communicated last quarter. In the third quarter of fiscal 2009, the company reported net income of $0.4 million.
Third quarter revenue of $616.1 million rep...
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Steelcase Reports Second Quarter Fiscal 2010 Results
Sep 24, 2009
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GRAND RAPIDS, Mich., Sept. 24, 2009 (GLOBE NEWSWIRE) -- September 24, 2009--Steelcase Inc. (NYSE:SCS) today reported break-even net income for the second quarter of fiscal 2010, in line with estimates the company communicated last quarter. Current quarter results included a $12.4 million benefit associated with increases in the cash surrender value...
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Steelcase Reports First Quarter Fiscal 2010 Results
Jun 23, 2009
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GRAND RAPIDS, Michigan--(PRNewswire-FirstCall)--June 23, 2009--Steelcase Inc. (NYSE: SCS) today reported break-even net income for the first quarter of fiscal 2010, significantly better than the estimated net loss of $(0.13) to $(0.23) per share the company communicated last quarter. Current quarter results included an $18 million benefit assoc...
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Steelcase Reports Fourth Quarter Results
Mar 31, 2009
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GRAND RAPIDS, Mich., March 31 /PRNewswire-FirstCall/ -- Steelcase Inc. (NYSE: SCS - News) today announced fourth quarter and fiscal year 2009 financial results. Fourth quarter revenue of $654.9 million represents a 27.3 percent decline compared to the prior year. The company reported a net loss of $(65.7) million, or $(0.49) per...
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Steelcase Reports Third Quarter Results
Dec 22, 2008
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GRAND RAPIDS, Mich., Dec. 22 /PRNewswire-FirstCall/ -- Steelcase Inc.
(NYSE: SCS) today reported net income of $0.4 million for the third quarter of
fiscal 2009, slightly ahead of the company's updated estimates. Current
quarter results included a $(27...
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Steelcase Updates Third Quarter Outlook
Dec 4, 2008
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GRAND RAPIDS, Mich., Dec 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Steelcase Inc.
(NYSE: SCS) today updated its third quarter fiscal 2009 revenue and earnings
outlook and announced actions to further reduce fixed and operating costs by
an estimated $40 million annually.
The overall global economic slowdown and factors contri...
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