Press Releases

 
Press Releases
  Date Title and Summary View
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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Jun 24, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--June 24, 1999--The Board of Directors of Steelcase Inc (NYSE:SCS) declared a quarterly cash dividend of $0.11 per common share, payable July 15, 1999, to shareholders of record on July 1, 1999. Steelcase Inc is the world's pre-eminent designer and manufacturer of products used to create high perf...
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Jun 18, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--June 18, 1999--Steelcase Inc. (NYSE:SCS) today announced financial results for its first quarter ended May 28, 1999. Net income for the first quarter of fiscal year 2000 was $56.7 million, or $0.37 per share, an increase of 5.0% over prior year first quarter net income of $54.0 million, or $0.35 pe...
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Mar 26, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--March 26, 1999--The Board of Directors of Steelcase Inc. (NYSE:SCS) declared a quarterly cash dividend of $0.11 per common share, payable April 15, 1999 to shareholders of record on April 1, 1999. Steelcase Inc. is the world's pre-eminent designer and manufacturer of products used to create high ...
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Mar 26, 1999
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--March 26, 1999--Steelcase Inc. (NYSE:SCS) today announced financial results for its fourth quarter and fiscal year ended February 26, 1999. For fiscal 1999, the Company reported record net income of $221.4 million, or $1.44 per share, up 2.0 % over prior year net income of $217.0 million, or $1.40 per s...
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Feb 3, 1999
GRAND RAPIDS, Mich., February 3, 1999 - Steelcase Inc. has reached an agreement in principal with Strafor Facom S.A. on the purchase of its 50 percent ownership of Steelcase Strafor S.A., a European joint venture formed by the two companies in 1974. The transaction, expected to be completed by mid-April, is subject to negotiation of definitive a...
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Feb 3, 1999
GRAND RAPIDS, Mich., February 3, 1999 - Steelcase Inc. has reached an agreement in principal with Strafor Facom S.A. on the purchase of its 50 percent ownership of Steelcase Strafor S.A., a European joint venture formed by the two companies in 1974. The transaction, expected to be completed by mid-April, is subject to negotiation of defi...
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Dec 18, 1998
GRAND RAPIDS, Michigan - December 18, 1998 - The Board of Directors of Steelcase Inc. (NYSE: SCS) declared a quarterly cash dividend of $0.11 per common share, payable January 15, 1999 to shareholders of record on January 1, 1999. Steelcase Inc., headquartered in Grand Rapids, Michigan and founded in 1912, is the world's largest designer and ...
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Dec 18, 1998
GRAND RAPIDS, Michigan - December 18, 1998 - Steelcase Inc. (NYSE: SCS) today announced consolidated net income of $57.4 million, or $0.37 per share, and net sales of $687.6 million for its third quarter ended November 27, 1998. As reported on November 16, 1998, earnings and gross margins were negatively impacted by softer than anticipat...
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