Steelcase Reports First Quarter Fiscal 2019 Results

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Go back to Steelcase Reports First Quarter Fiscal 2019 Results

Steelcase (SCS) Reports In-Line Q1 EPS

June 20, 2018 4:28 PM EDT

Steelcase (NYSE: SCS) reported Q1 EPS of $0.14, in-line with the analyst estimate of $0.14. Revenue for the quarter came in at $754 million versus the consensus estimate of $754.17 million.

Strong order growth of 6 percent in the Americas and 7 percent in EMEAEMEA posts significant improvement in operating resultsGrowth potential strengthened through additional partnerships and pending acquisition of Smith SystemBest overall showroom and significant new product recognitions at NeoConOutlook for the second quarter projects strong organic revenue growth

"Our momentum continued to build as our new products, partnerships,... More