Press Releases

 
Press Releases
  Date Title and Summary View
Mar 28, 2000
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--March 28, 2000--The Board of Directors of Steelcase Inc. (NYSE:SCS) declared a quarterly cash dividend of $0.11 per common share, payable April 14, 2000, to shareholders of record on April 1, 2000. Steelcase Inc. is the world's preeminent designer and manufacturer of products used to create high-perf...
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Mar 28, 2000
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--March 28, 2000--Steelcase Inc. (NYSE:SCS) announced record net sales of $3.3 billion for the fiscal year ended February 25, 2000, up 21 percent compared to $2.7 billion last fiscal year. Net sales reflect the third full quarter consolidation of the Steelcase Strafor acquisition, completed in April 1999. Robust ...
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Mar 27, 2000
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--March 27, 2000--James P. Hackett, president and CEO of Steelcase Inc. (NYSE:SCS), today announced that Michael Love has been promoted to president and CEO of the Steelcase Design Partnership (SDP). Love succeeds William Crawford Sr., who will retire on May 1. Prior to his appointment as president and CEO of ...
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Jan 13, 2000
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Jan. 13, 2000--James P. Hackett, president and CEO of Steelcase Inc. (NYSE:SCS), today announced that William Crawford Sr., a 34-year Steelcase employee and member of the Board of Directors, plans to retire as president and CEO of the Steelcase Design Partnership (SDP) and Attwood on May 1, 2000. Crawford wi...
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Dec 20, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Dec. 20, 1999--The Board of Directors of Steelcase Inc. (NYSE:SCS) declared a quarterly cash dividend of $0.11 per common share, payable January 14, 2000, to shareholders of record on January 1, 2000. Steelcase Inc. is the world's preeminent designer and manufacturer of products used to crea...
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Dec 20, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Dec. 20, 1999--Steelcase Inc. (NYSE:SCS) today posted record net sales of $881.0 million in the third quarter, up 28.1 percent from $687.6 million in the prior year third quarter and primarily driven by acquisitions and solid growth from new products. Net sales in this year's third quarter reflected the second ...
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Sep 24, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Sept. 24, 1999--The Board of Directors of Steelcase Inc. (NYSE:SCS) declared a quarterly cash dividend of $0.11 per common share, payable October 15, 1999, to shareholders of record on October 1, 1999. The Directors also approved the repurchase of up to an additional three million shares of its ...
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Sep 24, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Sept. 24, 1999--Steelcase Inc. (NYSE:SCS) reported net income of $38.2 million, or $0.25 per share, and consolidated net sales of $831.9 million for its second quarter ended Aug. 27, 1999. As reported on Aug. 26, 1999, earnings and gross margins were adversely affected by manufacturing inefficiencies relat...
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Sep 13, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Sept. 13, 1999--Steelcase Inc., (NYSE: SCS - news) the world's preeminent designer and manufacturer of products used to create high-performance work environments, today announced the completion of the acquisition of Clestra Hauserman, Inc. in Solon, OH, a leading provider of steel moveable walls, from Strafo...
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Aug 26, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Aug. 26, 1999--Steelcase Inc. (NYSE:SCS) announced today that it expects earnings for the second quarter to come in below current analyst expectations, primarily due to lower-than-expected gross margin levels. Manufacturing inefficiencies related to significantly increased order levels for domest...
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